Best Progressive Jackpots in Online Gambling
The main reason for online gambling is to win some money, right? Well, this might not be the only reason, but the chance of hitting the biggest jackpot doesn’t necessarily hurt. As you must know by now, slot machines and other popular casino games have a house edge, but we still try out the games with hopes of beating the house and walking away with a decent amount of money.
Looking to change some life-changing sums of money? If so, you should try out the best progressive jackpots. The best progressive jackpot slot machines offer huge payouts at any casino online by far.
There is no doubt that the progressive jackpot slots are a long shot, the winning odds in the biggest progressive jackpot, Mega Moolah can be compared to those of a lottery. Although numerous standard video slots provide great cash prizes, there is no slot machine payout that competes with payouts from the progressive slots.
It is for this reason that most players only want to play progressive jackpot slots with the biggest jackpots available. For them, it’s all about hitting the jackpot and winning millions of dollars.
Biggest Jackpots in Casino Gambling
Although the winning odds are largely against us, we all play with hopes of getting a lucky break. This happens to players every day. Today, you can travel to Las Vegas or join a reputed gambling site and stand a chance to win enough money. You can dive into progressive jackpots with low paying casino games such as blackjack or head straight to try and beat the house. You can do this by trying out the biggest jackpot games.
If your sole purpose is going for the biggest wins possible, the best casino games that you can play are progressive jackpot slots. Slot machines offer the best jackpots among all casino games. Seven-figure jackpots are very common for progressive slot machines.
Essentially, progressive jackpot refers to the jackpot that grows over a period of time. As players put chips into the slot machines, a part of all these bets are added to the progressive jackpot. The biggest progressive jackpot casino games are linked across different online casinos. With hundreds or thousands of players spinning the reels 24 hours, these jackpots usually grow to mind-blowing heights.
However, you should take note of the fact that progressive jackpots are not always easy to win. The chances of winning a million-dollar progressive jackpot are often stacked against you. It needs a lot of good luck to stand a chance of winning one of the games. If you know the odds and still want to try out the games, below is what you must do:
- Start by checking out the best gambling sites
- Sign up and deposit funds into your account
- Download the app/software
- Go to the slots section at the casino
- Start playing
Progressive Slots Jackpots
While progressive jackpots are often linked to slots, especially online pokies casinos in 2021, you can also find them in other casino games such as roulette, blackjack, and video poker. Like these casino games, the jackpot is triggered by events that are completely random.
In brick and mortar casinos, a network progressive jackpot is inter-linked to different slot machines across multiple casinos. Networks are often confined within a state, and thanks to Atlantic City and Las Vegas, the networks are highly concentrated in New Jersey and Nevada.
What Is A Progressive Jackpot?
The progressive jackpot can be defined as a payout that starts at the base figure and keeps growing as a percentage of all wagers made on a game are added to the jackpot. This is often triggered randomly, awarding the large payout to a single player, before resetting to the starting point.
Types of Progressive Jackpots
Standalone Progressive Jackpot
As the name indicates, the standalone progressive slots are not connected to any slot machine. When playing on the web, multiple players might use different virtual versions of a slot machine at the same time. However, there are risks that one of the players may scoop the progressive jackpot before others, but the good news is that the payout will be much higher.
On the other hand, in a brick and mortar casino, using the standalone jackpot means that it’s only you who can win the jackpot when playing the slot machine. Essentially, the cash prize for the standalone jackpot is much lower as compared to that of linked casino games.
Local Progressive Jackpot
As the name suggests, these progressive jackpots are usually tied to a specific location instead of just one slot machine. Online, local progressive jackpots can be very flexible. An online casino with the local progressives can opt to limit it to just one tie or might offer them across different casino games from the same software company.
In land-based casinos. The local progressive jackpot slots function like local area network (LAN) gaming that’s used in the 1990s and 2000’s, different machines in just one casino establishment are interconnected to a progressive jackpot, which can be won.
Network Progressive Jackpot
With the biggest progressive jackpots available, the network jackpots are what many people associated with slot machines. On the web, the network progressive jackpots are available at different online casinos that feature casino games from the same software providers. For example, Mega Moolah is available on different online casinos powered by Microgaming and you can hit the jackpot at any of them.
However, when it comes to land-based casinos, the network progressive jackpot is usually linked to different slot machines at multiple online casinos. Networks are often confined to just one state and thanks to Atlantic City and Las Vegas; these networks are highly concentrated in New Jersey and Nevada.
Mega Moolah Jackpot by Microgaming
You may think that the word ‘mega’ is overused in this game, but this is largely because of the fact that there are 4 mega moolah jackpots. The jackpot is often seeded at $1,000,000 and has the average win amount just below $2,500,000. The largest win ever that is achieved for this progressive jackpot is about $5, 880,000, although this will with time increase, even higher at the time of writing this article.
This progressive jackpot is pooled and can easily be a win at different online slots include Mega Moolah 5 Reel Drive, Mega Moolah Isis, Mega Moolah Summertime, Dark Knight, and Mega Moolah. To win this progressive jackpot, you should enter the jackpot round.
Mega Fortune Mega Jackpot – NetEnt
Again, you may think the word “Mega” is being overused, but if the slot developers offer such incredible sums, they might be forgiven. The jackpot starts with an initial amount of only $250,000, but you shouldn’t be very alarmed that you won’t win the millions you are looking for. This is because in January 2013 this progressive jackpot had an amazing record winning of $17.8 million.
You can win this jackpot while playing the Mega Fortune slot; here you might find fewer jackpot sizes. To stand a chance of winning the progressive jackpot amount, you will have to land 3 or more bonus symbols on any of the available 25 pay lines and after this, you will head to the wheel of fortune style games, even though here you will find three concentric reels. You will get started in the external reel and try hitting arrows to move to a new wheel. If you fail, you will a certain cash amount, but if you make it to the next level, you will hit an arrow pointing to the biggest mega jackpot.
Hall of Gods Mega Jackpot
This amazing progressive jackpot offers the biggest payout of just about $5.5 million, with the seed amount of just $500,000. The biggest amount ever won while playing the Hall of Gods at about $7.8 million.
To stand a chance of winning the Mega Jackpot, you will have to try out the maximum 20 winning paylines and hitting the 3 bonus scatter symbols. You will then be directed to the screen showing about 15 shields. On the other hand, Thor’s Hammer scatters every field in order to reveal the win amount of one of the 3 progressive jackpots.
How Progressive Jackpots Are Paid?
Progressive jackpots are usually paid out in just one lump sum. However, there are some that are paid out in installments. This depends on different criteria like the casino and software provider behind the game you are playing and also the jackpot size. Also, it’s important to take note of the fact that the biggest jackpots are not always paid out in installments.
For instance, the Mega Moolah jackpot by Microgaming is one of the most popular progressive jackpots. The jackpot is paid as a single lump-sum payment.
Nevertheless, you will also find some progressive jackpots that are paid out over 10 – 16 years, with payments credited into your bank account every year.
24 Jan. 2021, by Ari Waknine
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