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Jackpot Slots Explained

Are you a fan of  big risks and big wins? Then you’ll love jackpot slots. Games like Goldilocks slot operate a little like crowd surfing as we all contribute to the jackpot. In other words, every time we bet money in one of these games, the jackpot increases. (Thus, they’re also known as progressive jackpot slots.)

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But how much can we actually win on these slots, what kinds of jackpot slots are there and what are some famous jackpot slot games?

How Much Can We win on online Jackpots?

Thanks to the internet and mobile technology, the payouts on progressive slots can be truly massive. In fact, British soldier Jon Heywood entered the Guinness book of Records for the biggest online slot win after winning £13.2 million on the jackpot slot Mega Moolah in 2015. And do you know how much he bet on the life-changing spin? 25p. Dang! But Jon doesn’t hold the record for the greatest slot win of all time; that honour goes to an unnamed LA software engineer in 2003 who won $39.7 million (£32.28 million at today’s exchange rate) on the jackpot slot Megabucks in Vegas.

Jackpot Slot Types

There are four types of jackpot slots: standalone jackpots, local jackpots, wide area network jackpots and online jackpots. Standalone progressive slots only accumulate on one particular machine (in a casino). But due to the internet and advances in technology, these machines are no longer as popular as they once were.  Local progressive slots contain jackpots that are formed by several machines within one particular casino, while wide area network jackpots (WANJ) boast jackpots from machines based at multiple casinos. Thus, the payouts on the latter are much larger than with the previous two. However, online progressives rival WANJ  these days as they boast jackpots boosted by players playing from devices (like smartphones) from all over the world.

Famous Jackpot Games

Although jackpot slots are extremely popular, some games are a lot more recognisable than others. Take the aforementioned two – Megabucks and Mega Moolah – plus Mega Fortune, for example. Megabucks from IGT is a Nevada state WANJ  and has been responsible for most of the biggest wins of all time, while Mega Moolah from Microgaming is the most famous online progressive slot on Earth. Meanwhile, Mega Fortune by NetEnt is another legendary online jackpot slot that makes millionaires overnight. Of course, since the jackpots on progressive slots are so big, (e.g., the minimum payout from Mega Moolah is £1 million), the return to player (RTP) percentages are a little lower than with regular slots. But, as mentioned earlier, these games are king for huge wins!

Final Thoughts

To sum up, jackpot slots contain life-changing jackpots, fall into four categories and are spearheaded by Megabucks, Mega Moolah and Mega Fortune. But since most of us can’t show up in Nevada whenever we feel like it, if you want to try your luck on a progressive slot, opt for the likes of Mega Moolah or Mega Fortune.

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