Jackpot slots offer players the chance to potentially win huge sums of money. Fixed jackpot games often feature several jackpots, but these are shown as multiples of the bet. Players can win minor prizes in the region of 10x the stake, or with the right mix of symbols, grab mega jackpots that can pay 5,000x or more.
The difference with progressive jackpot slot types is that a portion of all stakes placed on the game, across all online casinos that carry it, is set aside. This increases the value of progressive jackpot prizes and instead of set limits, these can grow to vast amounts of 10,000,000.00, 20,000,000.00 or more before one lucky player lands the perfect combination to win the lot.
Progressive jackpot values then ‘seed’ back to a base level and begin to grow once more until won again. Note the slot machines with progressive prizes often have lower average returns in the main games, as a few percentage points, typically around 4%, goes into the pot.
Some of the most well known progressive games include Microgaming's Mega Moolah, NetEnt's Mega Fortune, and Megabucks by IGT.