Best Progressive Jackpots $ Slots (2024)
Rachel Elam | May 30, 2023 | Updated on: January 30th, 2024
Try progressive jackpot slots if you love playing slots and want to win big. These slots have a jackpot that grows every time someone plays the game until someone hits the lucky combination and wins it all. In this article, we will explain what progressive jackpots are, how they work, and what are some of the best progressive jackpot slots you can play online in the USA.
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About Progressive Jackpot Slots
Progressive jackpot slots are among the most exciting and rewarding games you can play online. They offer you the chance to win life-changing money with just one spin. However, they also have some drawbacks you should know before playing.
One of the drawbacks of progressive jackpot slots is that they have a lower return to player (RTP) than regular slots. The RTP is the percentage of money a slot game pays back to players over time. For example, if a slot has an RTP of 96%, it means that for every $100 wagered on it, it will pay back $96 on average. The RTP of progressive jackpot slots is lower because a part of each bet goes into the jackpot, reducing the amount that goes back to players. Therefore, progressive jackpot slots are more volatile and less likely to pay out frequently.
Another drawback of progressive jackpot slots is that they have higher betting limits than regular slots. To qualify for the progressive jackpot, you often need to bet the maximum amount per spin, which can be quite expensive for some players. If you cannot afford to bet the total amount, you might miss out on the chance to win the jackpot or get a reduced payout.
What Are Progressive Jackpots?
A progressive jackpot is a prize pool that increases every time someone bets on a slot game that is linked to it. A small percentage of each bet goes into the jackpot, making it grow bigger until someone wins. Progressive jackpots can be connected to a single slot game, a group of slot games from the same provider, or a network across different online casinos. The more games are linked to a progressive jackpot, the faster it grows and the higher it can reach.
How Progressive Jackpots Work?
Progressive jackpots use a random number generator (RNG) to determine the outcome of each spin. The RNG software ensures that each spin is fair and independent of the previous ones. The RNG also decides when the progressive jackpot will be triggered and who will win it. Unfortunately, there is no way to predict or influence when or how a progressive jackpot will be won.
To win a progressive jackpot, you usually must bet the maximum amount and land a specific combination of symbols on the reels. For example, in Mega Moolah, one of the most popular progressive jackpot slots, you must land five lion symbols on an active payline to win the jackpot. However, some progressive jackpots are awarded randomly without requiring special symbols or combinations. For example, in Divine Fortune, another popular progressive jackpot slot, you can trigger the jackpot bonus game on any spin, regardless of your bet size or symbols.
List of Progressive Jackpot Slots
Hundreds of progressive jackpot slots are available online, but some stand out for their popularity and payouts. Here are some of the most famous progressive jackpot slots you can play online in the USA:
Mega Moolah
This is one of the most popular and highest-paying progressive jackpot slots ever created. It has four jackpots: Mini, Minor, Major, and Mega. The Mega jackpot starts at $1 million and can reach tens of millions. Mega Moolah has an African safari theme featuring wilds, scatters, free spins, and multipliers.
Divine Fortune
This popular and high-paying progressive jackpot slot has three different jackpots: Minor, Major, and Mega. The Mega jackpot starts at $100,000 and can reach millions of dollars. Divine Fortune has a Greek mythology theme and features wilds, re-spins, free spins, and a bonus game where you can win one of the jackpots.
Wheel of Fortune
This series of progressive jackpot slots is based on the famous TV show. There are several versions of Wheel of Fortune slots, each with different themes and features. For example, some have three jackpots: Mini, Minor, and Major. The Major jackpot starts at $200,000 and can reach millions of dollars. In addition, wheel of Fortune slots features wilds, scatters, free spins, and bonus rounds where you can spin the wheel and win prizes or jackpots.
Jackpot Giant
This progressive jackpot slot has one huge jackpot that starts at $100,000 and can reach millions of dollars. Jackpot Giant has a prehistoric theme and features wilds,
How Often Do Progressive Jackpots Hit?
The frequency at which progressive jackpots hit can vary widely depending on various factors, such as the specific game, the jackpot size, and the casino’s rules. However, here are a few points to consider:
Randomness: Progressive jackpots are typically designed to be random, meaning there is no predetermined pattern or fixed timeframe for when they will hit. The outcome of each spin or game round is determined by a random number generator (RNG), ensuring fairness and unpredictability.
Jackpot Size: The progressive jackpot size can influence how often it hits. Smaller jackpots tend to hit more frequently as they accumulate funds at a faster rate. On the other hand, more enormous jackpots may take longer to hit due to the higher amount of money required for the jackpot to trigger.
Game Mechanics: Different games have different odds and mechanics for hitting the progressive jackpot. Some games may require activating specific winning combinations or bonus rounds before the jackpot can be won. Understanding the game rules and mechanics can give players insights into the likelihood of hitting the jackpot.
Player Participation: The number of players actively betting on the game also plays a role. The more players participating, the faster the jackpot grows and, potentially, the more frequent the hits.
How Are Progressive Jackpots Paid Out?
Progressive jackpots are typically paid out in one of two ways:
- Lump Sum: Sometimes, when a player wins a progressive jackpot, they receive the entire accumulated amount as a single lump sum. This means they get the full jackpot amount in one payment. This method is standard in land-based and online casinos offering immediate payouts.
- Annuity Payments: For more enormous progressive jackpots, casinos may offer the option of receiving the payout as annuity payments. Annuity payments are structured over a while, usually spanning several years. The winner gets regular instalments, often annually, until the full jackpot amount is paid. This method provides long-term financial security and ensures the winner doesn’t spend the entire amount simultaneously. Annuity payments are more prevalent in lottery-based progressive jackpots.
Progressive Slot Game Developers
Progressive slot games are casino games that offer higher jackpots than regular slot machines. A progressive jackpot is a prize that grows every time someone plays the game. Some of the biggest progressive jackpots can instantly reach millions of dollars and change someone’s life. There are many progressive slot game developers in the USA, such as IGT, NetEnt, Scientific Games and Lightning Box.
These developers create exciting and innovative games with different themes, features, and payouts. Some of the USA’s most popular progressive slot games are Megabucks, Divine Fortune, 88 Fortunes and Fu Dao Le. You can find these games at online casinos that are legal and regulated in your state.
Drawbacks of Progressive Jackpot Slots
One of the drawbacks of progressive jackpot slots is that they have a lower return to player (RTP) than regular slots. The RTP is the percentage of money a slot game pays back to players over time. For example, if a slot has an RTP of 96%, it means that for every $100 wagered on it, it will pay back $96 on average. The RTP of progressive jackpot slots is lower because a part of each bet goes into the jackpot, reducing the amount that goes back to players. Therefore, progressive jackpot slots are more volatile and less likely to pay out frequently.
Another drawback of progressive jackpot slots is that they have higher betting limits than regular slots. To qualify for the progressive jackpot, you often need to bet the maximum amount per spin, which can be quite expensive for some players. If you cannot afford to bet the maximum amount, you might miss out on the chance to win the jackpot or get a reduced payout.
Benefits of Progressive Jackpot Slots
Despite these drawbacks, progressive jackpot slots have many benefits that make them worth playing. One of the benefits is that they offer huge payouts that can change your life in an instant. You never know when you might hit the lucky spin and win millions with just one click.
Another benefit of progressive jackpot slots is that they are fun. They have different themes and features that keep you engaged and immersed in the game. In addition, you can enjoy stunning graphics, animations, sound effects, bonus rounds, free spins, multipliers, and more.
Progressive jackpot FAQs
What is a progressive jackpot?
A progressive jackpot is a continuously growing prize pool in a casino game. It accumulates as players make bets, with a portion of each wager contributing to the jackpot. The prize keeps increasing until it is won, often reaching substantial amounts.
How do I win a progressive jackpot?
You must hit a specific winning combination or fulfil certain jackpot criteria outlined in the game’s rules to win a progressive jackpot. The requirements vary depending on the game, so it’s important to understand the specific conditions for each progressive jackpot.
How large can progressive jackpots get?
Progressive jackpots can grow to impressive sizes, ranging from thousands to millions of dollars. In addition, some progressive jackpots are linked across multiple casinos, allowing for even more significant prize pools.
Are progressive jackpots only available in slots?
While progressive jackpots are commonly associated with slot games, they can also be found in other casino games like video poker, blackjack, and roulette. These games often have a separate side bet or bonus feature contributing to the progressive jackpot.
Is there a strategy to increase my chances of winning a progressive jackpot?
Winning a progressive jackpot is based on luck, and there is no guaranteed strategy to secure a win. However, betting higher amounts or playing games with higher jackpot amounts may increase your chances of hitting the winning combination.
Can progressive jackpots be won on mobile devices?
Yes, many online casinos offer progressive jackpot games compatible with mobile devices. As a result, you can play and win a progressive jackpot on your smartphone or tablet, giving you the flexibility to chase big wins wherever you go.