The Ultimate Guide to Online Casino Progressive Jackpots for 2020
Progressive jackpots are the ultimate attractions in casinos, offering players the chance to win life-changing sums of money. And when we say life-changing, we’re not talking about just a few hundred thousand or even a million euros. Some of these progressive jackpots can soar beyond €10 million, as you’ll discover below.
Among online casino players, progressive jackpot machines enjoy immense popularity, primarily due to the massive prizes they offer. While the majority of these casino games are online slots, you can also find progressive jackpots in other types of games, such as video poker and Caribbean Draw Poker. So, if you’re eager to learn all there is to know about progressive jackpots, continue reading!
What are Progressive Jackpots?
This section is of utmost significance as it provides an explanation of what progressive jackpots are and how they accumulate to reach substantial amounts. Unlike most games with fixed payouts, progressive jackpots are not set at a specific value. Instead, they increase gradually with each player’s spin, steadily growing over time. Typically, around 7% of each bet is allocated to the progressive jackpot. In games featuring a single progressive jackpot, all contributions go directly to that specific jackpot. Conversely, games with multiple progressive jackpots distribute the funds according to their respective terms and conditions.
The reason why progressive jackpots can reach such staggering heights is due to their challenging nature to win. Often, it takes months for someone to hit the winning combination, during which numerous players continue to contribute to the jackpot. Once the jackpot is won, it resets to a predetermined minimum amount, and each progressive jackpot has its own unique minimum value.
It’s important to note that your odds of winning the progressive jackpot remain the same with every spin, regardless of the current jackpot size. Whether the jackpot has recently been claimed or has surpassed €10 million, your chances of winning remain constant. However, it’s still practical to aim for games with the largest current progressive jackpot. If you’re interested in discovering some of the progressive jackpot games available at the top online casinos, you can find them below on this page.
How to Participate in Progressive Jackpot Games
To begin playing a progressive jackpot game, the first step is simple: find a reputable online casino where you can enjoy them. One convenient way to achieve this is by reading the comprehensive reviews available on this website. These reviews offer detailed insights into various online casinos, providing you with all the necessary information to make an informed decision. With plenty of excellent online casinos to choose from, you’ll have a wide selection at your disposal.
Once you’ve signed up and made a deposit, proceed to the progressive jackpot section. If some sites don’t have a designated section, you can search for progressive jackpot games individually. Then, it’s a matter of selecting the progressive jackpot game that appeals to you the most, which is often the one with the largest jackpot, and start playing!
Concerns might arise regarding what happens when you win a progressive jackpot. You might wonder if some online casinos impose maximum withdrawal limits, potentially delaying your ability to claim your massive winnings for months or even years. However, there’s good news: progressive jackpots are paid by the game producer or software provider, such as Microgaming or NetEnt, not by the actual online casino. Therefore, if you win, you won’t have to worry about any withdrawal restrictions imposed by the casino you chose.
How Big Can Progressive Jackpots Get?
Progressive jackpots have the potential to reach unlimited amounts in theory, but in reality, probability ensures that they are eventually won. The size of a progressive jackpot depends on the number of players participating in the slot game. For instance, popular games like Mega Moolah by Microgaming attract a large number of players, leading to rapid jackpot accumulation. On the other hand, progressive slots from smaller producers might see slower jackpot growth.
The largest ever progressive jackpot prize was won by a fortunate player from Finland, who secured an astounding €17,861,800 while playing the fantastic progressive slot machine, Mega Fortune, developed by NetEnt. This remarkable win occurred at PAF Casino, and remarkably, the lucky winner had placed a mere €0.25 bet on the winning spin. The second-largest jackpot in history came from Mega Moolah by Microgaming, awarded to a player from the UK at Betway Casino, with an impressive win of £13.2 million.
Mobile players also have the opportunity to win progressive jackpots, and the largest amount ever won at a mobile casino stands at €7.9 million. This remarkable prize was claimed by a player at Zodiac Casino, who was enjoying the game on an iPad. The slot responsible for this life-changing win was, once again, Mega Moolah – a slot that frequently features in the list of top online casino wins of all time. Interestingly, this win also highlights the significance of casino promotions, as the jackpot was won by a player using bonus funds! For more incredible stories about progressive jackpot wins, you can explore our infographic on The 8 Biggest Hit Casino Jackpots of 2016 and 2017.
The Top Progressive Jackpot Providers
In the realm of online casinos, three game providers stand prominently above all others: Microgaming, NetEnt, and Playtech. These three companies are renowned for offering massive progressive jackpots to players, and it’s common to find at least one of them featured at the majority of online casinos. While there are other game providers as well, they don’t enjoy the same level of popularity, resulting in fewer players gravitating toward their games. Consequently, the progressive jackpots offered by these less popular providers don’t reach the same heights.
It’s worth noting that while progressive jackpots can be found in various game types, slots consistently offer the most substantial prizes. This is primarily because slots are the preferred choice of the majority of online casino players. However, this doesn’t imply that the jackpots in games like video poker and Caribbean Draw Poker are insignificant – they can still offer substantial rewards to fortunate players.
An Overview of the World’s Top Progressive Slots
Here are details about many of the world’s most well-known progressive slot games, along with information on how to play them and the potential heights their progressive jackpots can reach:
- Mega Moolah (Microgaming): Mega Moolah, themed around the jungle, is one of the most popular progressive slots globally. It offers four different progressive jackpots, with the Mega Jackpot reaching over €17 million. The chances of winning a jackpot increase with higher stakes, and the bonus game leading to the jackpot is triggered randomly through a wheel spin.
- Mega Fortune (NetEnt): Mega Fortune boasts the record for the largest online casino win, with a payout of €17.8 million in 2013. Players can activate the progressive jackpot feature by getting three Bonus symbols on consecutive reels and advancing to the center of the wheel for the Mega Jackpot.
- Mega Fortune Dreams (NetEnt): A sequel to Mega Fortune, Mega Fortune Dreams, shares the same massive jackpot prize. The Caribbean-themed slot is equally popular and offers players a chance to win millions by spinning its reels.
- Jackpot Giant (Playtech): Set during the Stone Age, Jackpot Giant offers a fun and rewarding gaming experience. Players can win the progressive jackpot by getting five wild symbols across the first payline, without the need for a bonus game.
- Hall of Gods (NetEnt): This Norse-themed slot has twenty fixed paylines and allows anyone, regardless of bet amount, to win the progressive jackpot. Three scatter symbols activate the bonus game, where players can win one of three progressive prizes.
- Arabian Nights (NetEnt): Although not the most visually stunning, Arabian Nights is a favorite among online slots players. The progressive jackpot can be won by landing five jackpot symbols on an active payline and often reaches around €2 million.
- Icy Wonders (NetEnt): With a chilly theme featuring polar bears and penguins, Icy Wonders offers two progressive jackpots – Wonder Jackpot and Mega Wonder Jackpot. Filling an active payline with five jackpot symbols triggers the larger Mega Wonder Jackpot, which can exceed €100,000.
- Age of the Gods (Playtech): Based on Greek mythological characters, Age of the Gods offers a progressive jackpot worth millions. Players at any stake level can trigger the random jackpot, with higher bets increasing the chance of winning.
- Major Millions (Microgaming): Available as both a classic slot and a video slot, Major Millions shares the same progressive jackpot. Players have an equal chance to win the significant prize, and it often surpasses €1.5 million.
- Monster Madness (Pragmatic Play): Monster Madness, a spooky-themed slot, features a progressive jackpot that can occasionally exceed €2 million. Players win the jackpot by landing five haunted house symbols on an active payline.
- Joker Millions (Yggdrasil Gaming): Joker Millions is known for its appealing graphics and classic slot feel. Players can win the progressive jackpot by getting Joker symbols on each reel during respins, potentially reaching over €3 million.
- Beach Life (Playtech): Beach Life is a popular progressive slot with a holiday theme. Players can win the impressive jackpot, sometimes exceeding €6 million, by spinning in five sun symbols on the 20th payline, requiring all paylines to be active.