Slots with a progressive Jackpot are particularly popular among many players. While a regular jackpot is a fixed amount, a progressive jackpot keeps increasing with every Bet players make. Consequently, the jackpot in these games keeps increasing until it is eventually cracked. For this reason, it is not uncommon to see possible winning amounts of several million euros here.
In slot machines with a progressive jackpot, it is usually the case that a small percentage of the bet goes directly into the jackpot. In addition, the jackpot is filled by the Casino with a starting amount at the beginning. How exactly the jackpot is won depends on the game. Most often, there is a special bonus game. So, characteristic of progressive slot machines are the partly life-changing wins. While a win of only a few thousand euros is usually to be expected on "normal" slot machines with manageable stakes, it is not uncommon for players to take home several million euros on a progressive jackpot. It is important to know that a progressive jackpot can also be offered across games or providers. Accordingly, different players play on different games for the same jackpot. By the way, the word "progressive" comes from Latin and means something like "to progress" or "to advance".
However, interested players should be aware that the high jackpot amounts are of course largely Player-funded. This means that a jackpot in the millions is financed by losses incurred by other players. Generally, progressive slot machines therefore have lower payout ratios (RTP), since the jackpot has to be paid for. The legendary Mega Moolah slot, for example, only has an average Payout ratio of just over 88%.
Among the most popular slot machines with a progressive jackpot are especially the Mega Moolah slot and the Mega Fortune slot. Other popular jackpot slots include Arabian Nights, Joker Millions, Hall of Gods and Beach Life. The highest jackpot of all time was won on the Mega Moolah slot in April 2021. Here, a Belgian won over 19.4 million euros.