As the name suggests, a progressive jackpot is a prize that keeps going up every time someone plays a progressive slot. This jackpot will keep increasing until a lucky gambler wins it. This jackpot can be. Progressive Slot Can you hit one of the progressive jackpots? This gambling site offers over 700 different slotmachine jackpots. Slots can be fun and exciting, but the dream of winning a six- or even seven-figure jackpot is the real reason most people play. Because they give you a chance to make that dream come true, offering up huge jackpots that grow with every spin, progressive jackpot slots have become the most popular games at casinos across the US, online and off. Local Progressive Slots. The local progressive jackpots are limited to a single casino. The jackpot is fed by two to a dozen slots machine within a single casino. The local progressive slots were the successors of the standalone slot jackpots, and the first to offer players an opportunity to win a slot mega jackpot.
- Progressive Slots
- How To Win Progressive Slots
- Progressive Slot Wins
- Progressive Slot Wins
- Progressive Slot Machines Tips
Real Money Progressive Jackpot Slots
If you want a chance to win a life-changing amount of money every time you spin, then progressive jackpot slots are the way to go.
On your average slot machine, the jackpot has a fixed amount. And while those jackpots aren’t a sum of money that you would ever consider turning down, progressive jackpot slots have no fixed amount. The jackpot rises every time players put in coins and spin the wheels. With progressive jackpot slots, you could win anywhere from $10,000 to a couple million. It’s just a matter of finding the right progressive jackpot slot and being lucky.
Our real money online casino is proud to offer players a huge number of progressive jackpot games with payouts that can make one lucky player filthy rich. If you believe luck is on your side and that you can claim the massive jackpots, sign up for an account today.
When you create an account, you will have access to hundreds of popular and profitable casino games, including progressive jackpot slots. Collect a welcome bonus when you first create an account and start winning on our dime. Players are entitled to all kinds of perks, including our exclusive VIP rewards section.
The value of the jackpots are only getting richer as you sit here and read this, so what are you waiting for? Give yourself a chance to win big by creating your account today and play one of our money progressive jackpot games today!
How do Progressive Jackpot Slots Work?
The question we’re most frequently asked regarding progressive jackpots is, “Where does all of that prize money come from?” And, luckily, we have a simple answer.
Each time a player places a bet on one of our many progressive jackpot games, a percentage of their wager is fed straight to the jackpot prize pool. Depending on the popularity of any given game, this percentage of each player’s wager can climb up to the millions. The pooled percentages of player wagers will continue to grow until the jackpot is won.
Now that you know how the progressive jackpot is created, the question surely on your mind is, “How do I win the jackpot?” Well, that depends on the particular game you’re playing. They all have different specifics of what’s required of any given player to collect the grand prize, but in the simplest of terms, a player must typically land on 5 (or more) of the most valuable symbols.
Once the jackpot is won, the meter is reset to the minimum. So, it’s a good idea to browse around and find a few different favorite progressive jackpot slots games. This way, you can always be competing for a gigantic jackpot rather than having to wait patiently for the jackpot to rise over time.
Types of Progressive Jackpot Slot Games
There are all kinds of progressive jackpot games that can be found on our online casino. By in large, the main differences players will see between them are purely cosmetic. While we could breakdown each and every progressive jackpot slot game offered at our online casino, breaking down the different combinations, the different bonuses, etc. you’re better off knowing the three main types of jackpot games: standalone, local and wide area network.
There are important differences between each of these slot games players need to know about whether they play at our real money casino or elsewhere. And they go far beyond knowing the differences between spinning for five cherries versus spinning for five bananas.
A standalone progressive slot machine has a jackpot ticker, collected from player wagers, but only bets placed on that specific machine feeds the jackpot. Standalones are typically more common in brick-and-mortar casinos. Even then, they have gone out of style in recent years with more casinos preferring to link multiple machines together for bigger jackpots. It’s very rare to find a standalone progressive game nowadays, and if you do find one out there in the wild, you should be shocked if the jackpot is anywhere close to $10,000. But they are out there nonetheless.
Local progressives were the logical evolution of standalone progressives. Rather than one specific machine taking a percentage of player wagers, these games were linked together on a local connection so that anywhere from a few dozen to a few hundred machines were all collecting a percentage of player wagers to drive up the jackpot total. These are still common in land casinos and these games can have jackpots from anywhere to $100,000 to $1,000,000.
Wide area network progressives. A wide area network progressive links slot machines from multiple casinos in the same state. This allows the jackpot to accumulate to incredible, jaw-dropping sums of money based on the sheer number of people placing wagers. Our online progressive jackpot games use this same principle and it’s how we are able to offer such huge jackpots. With players from all over the world playing at all hours of the day, the jackpot will steadily get higher and higher. Don’t be surprised if these games offer jackpots anywhere in the range of a couple million…
Winning Progressive Jackpot SlotsInexperienced players and non-gamblers carry many misconceptions about casino games, but the one they seem to understand the least are slots games. For example, a common criticism laid against slots games, both fixed and progressive, is that there’s no skill or strategy involved. You just sit there, feeding the machine.
This is simply not true. If you have any hope of winning a progressive jackpot slot game, you need to develop a strategy and have a little bit of skill because luck can only take you so far. And, while luck could conceivably take you straight to the top, here are a few tips to get you through the game even when luck isn’t on your side.
Look for games with higher payouts. Fortune favors the bold, sure, but being bold doesn’t mean diving in headfirst without pertinent information. Progressive slots games can feature payout percentages anywhere from 80 to 98%. Make sure you know what the payout percentage is before you spin to make the most of your time. Knowing this in advance will assist you in bankroll management and choosing a game with higher payouts will be more financially advantageous when you eventually heat up.
Bet the max. Many progressive slots have bonus jackpot games that randomly activate during any given session. According to the rules of these games, the odds of a player triggering one of these random bonus jackpots are increased when they bet the maximum amount. Bonus jackpots are a great way to keep your bankroll nice and comfortable, but make sure you’re playing a game with one of these randomly activated bonus jackpots before you’re consistently betting the max.
Know your limits. The key to success in any slots game, or table game for that matter, is knowing when to walk away. Bankroll management is the most essential skill for any gambler to master. Setting betting limits prior to playing will make sure you’re staying out of the red. It is possible for you to set daily, weekly and monthly betting limits within your account, so sign up today and make sure you set appropriate limits. If you need help setting it up, please get in touch with us and we’ll be happy to assist you.
How are Progressive Jackpots Paid?
In the event that your spin is the lucky one that claims the progressive jackpot, you’ll be entitled to a huge sum of money. And, of course, the first thing you’ll want to know is how do I collect all this money? After all, it’s probably more money than you’ve made in a few years.
Generally speaking, the progressive jackpots are either paid as a lump sum, or in regular instalments over the course of a couple of years.
Should you be the lucky person that collects a progressive jackpot, then you can expect one of our representatives to get in touch with you and discuss how you’d like your winnings to be handled. Everyone has different financial needs and preferences, and it’s our mission to make sure that our players’ individual needs are being met both during play and when it’s time for payment.
Still, we’re getting a little bit ahead of ourselves. Before we discuss payment, you need to sign up, collect your welcome bonus and start spinning. We have all kinds of progressive slot games, as well as progressive card games, for you to try.
In 2015, Mr. Jon Heywood won an astounding £13.2 million--which is roughly 16.1 million USD by today’s standards. This record still stands as the biggest progressive jackpot won. If you think you can beat Mr. Heywood’s record and get your name in the history books, create your account today and start playing the most lucrative games at our real money online casino.
There are plenty of ways to become a millionaire overnight nowadays, but none of them are as exciting and gratifying as winning a progressive jackpot! All you need to do is create an account now and you’ll be immediately in the running to claim one of our many progressive jackpots. The sum of the progressive jackpot is steadily climbing as you read this, and the longer you spend reading this, the closer someone else is to claiming the jackpot. So, don’t wait a second longer. Create your account, collect your welcome bonus and give yourself a chance to win big playing one of our many real money online progressive jackpot slots.
Home > Online Casinos > Casino Articles > 7 Best Progressive Slot Machines
Progressive slot machines were introduced to the gaming market in 1986 by American slot machine manufacturer, International Gaming Technology (IGT). Until then, a slot machine payout would be limited to the amount set by the casino.
The progressive angle allowed the total available jackpot to increase with every bet contributed by a player, minus the amount taken by the casino to preserve the house edge.
But because the original progressive slots were still limited to one machine at a time, payouts remained modest compared to what they would become.
What revolutionized progressive slot play and the gaming industry as a whole was the networking of progressive machines. There are two types of progressive networks – local and wide-area.
Local area progressives provide larger potential jackpots than the original stand-alone machine because the contributions of all machines on the network add to the payout potential of one machine. However, because the local-area network may only contain up to a hundred machines, payouts usually do not exceed $100 000.
Big slot play these days requires wide-area progressive networks. As you have guessed, wide-area progressive machines are linked to a much greater number of machines, which include machines from other casinos across the state and sometimes across the country. For gamblers playing in states with a rich gaming culture, like Nevada or Pennsylvania, this means high jackpot potential, indeed!
To date, the largest progressive jackpot payout (and therefore the largest payout in slots history) took place at the Las Vegas Excalibur, on March 21, 2003. The largest in Las Vegas history, a software engineer spent $100 on IGT's Megabucks and won a total of $39 710 896.36, beating odds of 16.7 million against.
The following is a list of 7 of the best progressive slot machines in the world today.
First on the list is IGT Interactive's Megabucks. The first wide-area progressive machine to become available, Megabucks is still in very wide use. The Megabucks is a dollar slot game, with $3 bets required to qualify for the maximum jackpot. The jackpot base amount is $10 million, and once the progressive payout is made the machine is reset to the base.
The Megabucks has been the machine on record for some of the largest payouts in slot gaming history, including the aforementioned, number one ranked $39 million. As of this date, the latest Megabucks jackpot was hit on March 22, 2016 at the Gold Dust West Casino in Elko, Nevada, paying over $12.5 million. Between 1994 through 2009, Megabucks paid out a total of $1,239,830,000 in winnings, an annual average of $77 489 375. Winners have a choice between taking the entire payout in one sum or having it distributed over a 25-year period in annual installments.
How To Win Progressive Slots
Be aware that Megabucks gaming is available solely in Nevada. However, visitors to Nevada will have no problem finding a Megabucks machine to try their luck on. There are many dozens of casinos in and around the Las Vegas and Reno areas that employ Megabucks machines. According to a2zlasvegas website, Megabucks jackpot hits have been averaging 1 a year for the past few years, with the most number of jackpots topping 3 per year. However, with winnings consistently worth well over $10 million, Megabucks continues to attract the crowds.
2. Wheel of Fortune Slots
Fans of the famous game show will feel at home with the Wheel of Fortune. Atop the machine is the iconic 'Wheel' which is spun with every press of the button, accompanied with the game show theme music.
Produced by IGT, Wheel of Fortune games come with options of 25c, $1 and $5 betting levels. Wheel of Fortune Quarter requires 3 coins, or 75c bets, to qualify for jackpot hits. After a hit, the jackpot level is reset to $200 000. Of the Wheel of Fortune variations, the 25c version pays out smallest but more often, averaging the past several years at least one jackpot payout per month. A few of which paying over $1 million.
The Wheel of Fortune Dollar is a dollar slot that requires a $2 bet to qualify for the jackpot. Winners may also choose to receive payouts in 25 annual installments. The base is set at $1 million and the machine is reset to the base upon a jackpot hit. As of this date, the latest Wheel of Fortune $1 jackpot was hit on June 9, 2016 at the upscale Red Rock Casino and Spa in Las Vegas for $ 1,240,398.97.
Though these jackpots are considerably smaller than its Megabucks cousin, Wheel of Fortune Dollar does pay out more often. According to a2zlasvegas website, over the past two years there have been 17 jackpot payouts, all worth well over $1 million. Still enough jackpot to have made it worthwhile!
Wheel of Fortune Five Dollar is a $5 slot machine that requires two coins, or $10 bets, to qualify for the jackpot. After a jackpot hit the base is reset to $1 million. Winners have the option to receive payouts in annual installments.
Progressive Slot Wins
Of the Wheel of Fortune slot franchise, and not unsurprisingly, the Five Dollar pays out least often, with jackpots ranging from one to no more than a handful per year, over the past 15 years. However, payouts are typically well over $1 million, while a few have exceeded $3 million.
3. Saturday Night Live Slots
Saturday Night Live by Bally Gaming is one of the Bally's more popular slots, due largely to the variations between versions of the game and the potential for high bonuses and networked progressive jackpots. Typically, the jackpot will start at $10 000 on individual machines and proceed. However, some machines are linked to local or wide-area networks increasing the payout potential considerably.
Examples on variations include The Church Lady, which offers a Canned Ham and Church Hat bonus play. Another version is Wayne's World that has a Guitar feature that provides up to 15 times the bet's value and an Offer feature that can multiply your bet's value by 1000. Thus, the potential for huge jackpot payouts.
4. Sex and the City Slots
IGT's Sex and the City slots have been a big hit in Vegas, perhaps partly due to the popular TV show from which it derives its name and brand. These slots have acquired a reputation for attracting single women, perhaps because of the show's audience and identity. It will help to be a big fan of the show to get most enjoyment from the play experience. Because of this, Sex and the City's manufacturer – IGT – went all out to create a very visually appealing machine with all the show's themes and icons a fan would expect.
Another reason may be the fact they are technically penny slots, and so a play can cost much less than the other progressive slot games mentioned in this list. Sex and the City slots are also 4 in 1 games, offering a lot of variation in play. However, for maximum play experience, it is required to play all four screens at once. Since each play per screen is 50c a maximum play is $2, which is getting up into maximum progressive wide-area slot play.
The game offers nine bonus rounds where a player may enhance winnings. Each round is represented by a particular character from the show with show-themed scenarios, like Mr. Big or shopping for shoes. Fans of the series won't want to miss this one.
5. Millionaire 777s
Millionaire 777s have the reputation for providing more frequent payouts, with a chance to win $1 million every 107 spins. The base jackpot is $1 million and is returned to that after a jackpot hit. The most recent jackpot hit occurred April 8, 2015 at the California Hotel and Casino, for $1,168,555.17.
Powerbucks is a wide-area linked progressive slot game that links machines in Nevada with machines in South Dakota and New Jersey.
As of this date, the most recent Powerbucks jackpot was hit June 2, 2015, at Orleans Hotel and Casino, for just over $1.35 million.
Quartermania is a progressive slot game that is linked within a wide-area system to casinos in Nevada and New Jersey. It can be found within a few dozen casinos in and around Las Vegas. Quartermania is a game that allows for more frequent play due to lower required bets but can still provide a whopping payout. The highest payout is over $178 000 and the most recent was on April 4, 2016 at the Tropicana in Atlantic City.
Wide-area progressive slots have gained the reputation of providing life-changing payouts and are typically well over $1 million. For this reason, the area around linked progressive machines tends to be one of the busiest in a casino, electric with the lights and sounds of the bells and the anticipation of extravagant winnings. If you decide to play a progressive slot you will notice the winnings potential increase in large, brightly lit numbers on the front. This adds to the excitement of progressive slot machine play.
Progressive Slot Wins
Of course, also adding to the excitement is the knowledge that you, as the player, are not only competing against the odds set by the random number generator that exists inside each machine, but also against other players. Since there can be many thousands of machines connected to a wide-area network, including systems that extend both through-out and across state lines, you could be playing simultaneously with many thousands of players – all going for the same jackpot. In odds terms, the mathematical probability of hitting the jackpot is roughly 1 in 49 836 032, calculated in 1999 by Jack Robison.
One thing however, to be aware of is the minimum required bet. Most progressive machines require a minimum bet for each play in order for the player to qualify for the maximum jackpot. For example, if the minimum bet is a $2 coin and you play a $1 coin, and win, your bet did not qualify you for the available progressive jackpot. The result is you may still have a nice payout – say, $5000 – even if the potential payout was in the millions.
As you can imagine this could be quite a shock if you thought you were playing for the maximum jackpot. Don't worry though. Each machine should clearly state what the minimum bet is in order to qualify for the progressive jackpot. If you cannot find the information on the front of the machine, check the machine's 'Help' menu. Failing that, ask an attendant to show you where the minimum bet is located in writing. I do not recommend asking a fellow player as they may also be misled.
Progressive Slot Machines Tips
Progressive slots over wide-area networks offer the responsible gambler yet another thrill in his or her casino gameplay. As ever, budget aside a reasonable and affordable bankroll, monitor the time spent and you can spend an enjoyable hour or so always one bet away from making gaming history and going home truly rich.