What Does A Progressive Slot Machine Look Like

Mega Fortune is a progressive Slot machine game developed by top gambling software provider NetEnt. If modern 3D Slots and Vegas Slots that look like online video games are not up your alley. This post features 10 of the most interesting facts I could find about progressive slot machines. 1 – Megabucks Is the Biggest Slot Machine Jackpot. Megabucks is IGT’s most famous progressive slot machine. It’s a state-wide game run in Nevada, and it’s the main reason the state doesn’t have an actual lottery. What revolutionized progressive slot play and the gaming industry as a whole was the networking of progressive machines. There are two types of progressive networks – local and wide-area. Local area progressives provide larger potential jackpots than the original stand-alone machine because the contributions of all machines on the network add. A standalone progressive slot machine has a jackpot ticker on the game, but only bets placed on that specific machine feed the jackpot. This was, at one time, the only kind of progressive slot machine game available, but most progressives feature multiple machines that are linked together.

• What Does A Progressive Slot Machine Look Like Anything
• What Does A Progressive Slot Machine Look Like Mean
• What Does A Progressive Slot Machine Look Like Something
• What Does A Progressive Slot Machine Look Like Money

The first progressive jackpot slot launched in March 1986 and was created by International Game Technology is known as IGT. Megabucks video slot featured a progressive jackpot that differed from other jackpots in the sense that instead of offering a fixed jackpot prize, its jackpot was linked and contributed to by a percentage of players wager.

The major fascination with the progressive jackpot was due to IGT’s announcement, the developer would fund the first million dollars to set the jackpot into motion, and by February 1987, the first jackpot winner, Reno cashed in a jackpot prize worth $4,988,842.17.

Being named the “biggest progressive jackpot” in the world is a title, many online software developers compete for, and currently, the two main contenders are Microgaming and NetEnt.

Microgaming launched its signature progressive jackpot slot titled Mega Moolah in December 2006, and during its steady climb from one million to five and a half without any winnings along the way, the first lucky winner was awarded $5.5 million in April 2008.

NetEnt released Mega Fortune in January 2009, the first winner of the mega jackpot bagged an extraordinary win worth €4.3 million, while the second winner won €3.9 million, yet the progressive jackpot first to astonish the world & enter the Guinness World Record was in January 2013 when a student from Finland claimed €17.8 million!

Best Progressive Jackpot Slots

Progressive Jackpots the Millionaire Makers

There are several types of progressive jackpots including standalone progressives, in-house progressive jackpots known online as local progressives and wide area progressive jackpots also referred to as linked progressive jackpots.

Progressive jackpots wins are something every player have fantasized about, its life-altering and a single spin can transform a casual player into a multi-millionaire. The difference between a jackpot and a progressive jackpot is major, fixed jackpots offer players the prize indicated in the paytable while progressive jackpots increase every time the slot is played, should the progressive jackpot be won the minimum jackpot prize instantly re-sets to its minimum guaranteed predetermined value.

Every online and land-based slot machine operates via a computerised algorithm called a random number generator referred to as the RNG, which determines the result of every spin and at the same time guarantees that every result is completely random. Playing a progressive jackpot very much depends on the progressive jackpot rules indicated in the paytable section. Most progressive jackpots state that the main jackpot prize can only be triggered via a maximum bet, but at the same time this hugely differs from one slot to the next. The first step towards winning a progressive jackpot is to ensure you are familiarised with the requirements, since should you be lucky enough to spin in the required combination it would be dramatic to only win a part of the jackpot should your selected bet not adhere to the conditions.

Types of Progressive Jackpots

The two main types of progressive jackpots offered at online casinos are local and pooled jackpots. Local progressive jackpots are exclusive to players at the casino, only wagers made by members contribute to the always increasing jackpot, and it can only be won at that casino. Local progressive increase slower than linked progressive jackpot and often don’t reach the same massive payouts in the same time-period.

Linked progressive jackpots are shared amongst several online casinos and players at all the participating casinos contributes to the same jackpot/s, while the progressive prize can be won by a member of any one of the participating casinos. The benefit of selecting to wager on a linked progressive jackpot is that the contributions from thousands of online players ensure that the top prize increase much quicker and that it always reaches multi-millions.

Video Slots Featuring Multiple Progressive Jackpots

One of the best-known progressive jackpots is Mega Moolah, which offers players the change to win three progressive jackpots linked to five different slots. The jackpots include the major offering the highest payout, the minor which is in the middle and the mini jackpot rewarding a lesser jackpot prize than the minor and the major.

Mega Fortune created by NetEnt also features three different progressive jackpots with the highest payout offered by the mega, a lesser payout by the major and the smallest of the three is the rapid progressive jackpot.

Unique Progressive Jackpots

NetEnt created, Cosmic Fortune slot is quite unique in that it offers avalanche style play with a total of five jackpots, consisting of a mixture of fixed and progressive jackpots.

Playtech’s progressive jackpot titled Everybody’s Jackpot is an eight payline slot and in remaining true to its name the winner of the progressive jackpot shares a percentage of the prize with players who wagered in the past 24 hours. The winner receives 70% of the progressive jackpot prize, while the remaining 30% is distributed to the most recent participants.

Top Progressive Jackpots by Award-Winning Software Developers

Mega Moolah and Mega Fortune are the best known for their frequent multi-million payouts, although online players have an enormous variety to choose from, and therefore we list some of the most popular jackpots created by premier online software providers.

NetEnt: Mega Fortune, Arabian Nights, Hall of Gods, Mega Fortune Dreams, Cosmic Fortune

Microgaming: Major Millions, Mega Moolah, King Cashalot, Tunzamunni, Major Millions

Playtech: Jackpot Giant, Gold Rally, Beach Life, Gladiator, Age of the Gods, Funky Fruits

Yggdrasil: Joker Millions, Empire Fortune, Holmes & the Stolen Stones

Biggest Progressive Jackpot Payouts by NetEnt

The biggest progressive payouts awarded by NetEnt’s progressive jackpots include €7,820,888 awarded by Hall of Gods on the 18th of April 2015, €8,835,872 won on Arabian Nights in November 2012, and Mega Fortune’s mega jackpot has awarded a lucky player with €8,577,104 in November 2015, €11,735,446 in September 2011 and its biggest payout yet was €17,860,868 on the 20th of January 2013.

Biggest Progressive Jackpot Payouts by Microgaming

Mega Moolah is not only the biggest progressive jackpot part of the Microgaming platform it has also recently surpassed its biggest competitor when it awarded the biggest progressive payout on a slot on the 28th of September 2018 when the luckiest player in the world won €18,915,721. Other massive payouts by Mega Moolah also includes £13,212,882 in October 2015, $11,633,898 in November 2016 and $10,423,223 in April 2016.

Biggest Progressive Jackpot Payouts by Playtech Slots

Playtech’s signature progressive jackpot is Beach Life which awarded its biggest payout to date in February 2012 when an anonymous winning cash in a prize worth $5,219,723, other high payouts also includes £3,780,736 in July 2015 as well as $4,248,570 in December 2009. Other high payouts awarded by Playtech slots include £3,917,927 in January 2016 via Jackpot Giant, and Gold Rally awarded £3,917,927 in November 2013.

Biggest Progressive Jackpot Payouts by Yggdrasil Gaming Slots

Yggdrasil Gaming is a newcomer in the world of progressive jackpots games, although the developer has accumulated quite a list of big winners in recent years. The highest rewarding jackpot is Joker Millions, which have rewarded a €5,196,319 on the 4th of July 2017, €3,475,894 in October 2017, €3,201,285 in December 2016, and €2,881,257 in July 2016.

Mega Moolah vs Mega Fortune Progressive Jackpots

Mega Fortune is inspired by a wealthy theme. It represents the flamboyant lifestyle that awaits the winner of its mega jackpot across twenty-five paylines and five reels. While the background displays an evening-sky enjoyed on an island, lounge music sets the mood. The theme related symbols all drenched in gold and diamonds includes golden rings, silver and gold cufflinks, designer watches, cognac & cigars, limousines and a stack of cash kept orderly via a gold dollar designed money clip.

Ten different bet levels are available to select from, while the coin value starts from a minimum of $0.01 up to $0.50. Packed with bonus features, Mega Fortune enhances winning chances via wild yachts paying maximums worth up to 10,000 coins, champagne scatters releasing free spins and bonus wheels unlocking the door to the jackpot bonus round. The main attraction is the three progressive jackpots displayed directly above the reels, which includes the rapid, major and the mega jackpots.

Mega Moolah is inspired by the freedom of nature, it’s twenty-five paylines transport players to the wild where a purple monkey throws the bonus, and for the lucky winner, he predicts a life of riches. Apart from four progressive jackpots, Mega Moolah also features an array of fantastic bonus boosters including the wild lion replacing all symbols to increase combination winnings. The monkey represents the scatter, and during the free spins bonus round all payouts are tripled.

Once the jackpot bonus round activated a window appears over the main game, and the player gets the chance to spin the wheel. The colour the bonus wheel halts on determines which of the progressive jackpots are won, the mini activates on red, the minor jackpot triggers on orange, the major n yellow and the mega jackpot pays out should the wheel land on the paw prints on the grey area.

Progressive jackpot slots are the most exciting casino games. A chance to win a life-changing sum of money will undoubtedly get everyone's attention (and bankroll). But progressive slot machines are far from a good investment; in most situations, they're the worst possible slots you can play, and they will suck your wallet dry faster than any other casino game.

Jackpots may often seem close but not quite there - this happens because a slot machine's wheels are weighted differently. The first reel is the lightest and the last one is the heaviest - from the first reel to the last one, the odds of getting a jackpot become worse and worse.

Types of Jackpots

Casinos have fixed and progressive jackpot slots. With fixed jackpot slots (or 'flat-top slots'), there's usually an incentive to play with maximum coins because the jackpot is bigger relative to the bet than if you made any bets other than with maximum coins. Two examples:

So a simple yet effective rule is to always bet the maximum when playing flat-top slot machines.

Flat-top slots have a lower house edge than progressive slots and you will win more often (in other words, have a higher hit frequency) since a smaller portion of total payback comes from the jackpot (in flat-tops, this is often around 2% but in a progressive jackpot like Megabucks it's around 10%).

With progressive jackpots slots, a certain percentage of each pot is added to the jackpot and the jackpot increases until someone hits it, after which it re-starts. Because a portion of the bet goes to the jackpot (and not the casino), the house edge is often over 10%, possibly close to 20%.

In fact, in Megabucks 10% of the bet goes to the jackpot, and then the casino must make something on top of that, so the payback is well under 90%.

Progressive jackpots may be high enough to make it worthwhile to play them, however, there's no telling when this is the case since casinos aren't required to share payback information for individual slots.

What Does A Progressive Slot Machine Look Like Anything

If you do play them, always bet the maximum amount of coins in order to compete for the jackpot (just like with flat-top slots).

Progressive slot machines can be divided into three categories:

1. Stand-alone slots:
   Individual progressive slots, not linked to any other machines. Instead of having a fixed jackpot, a percentage of each bet goes to the machine's own jackpot. Obviously the jackpot is smaller than with machines that are linked to each other.
2. Local slots:
   A group of slot machines linked together in a casino or in properties of the same gaming company. For these machines, the jackpots are already big, but not necessarily in millions of dollars.
3. Wide-area slots:
   These machines aren't just linked locally but between several casinos in several states; one example being Megabucks, in which the jackpot can become eight figures (as of right now, it's slightly over $11 million.)

What Does A Progressive Slot Machine Look Like Mean

There are also multi-level progressive slot machines, in which the player gets to decide which level of jackpot he or she wishes to play for. Obviously, you can win more often by playing lower level progressives and vice versa.

What Does A Progressive Slot Machine Look Like Something

Popular Progressive Slots

You can participate in real money slots with progressive prizepools at casinos like Slotland, Spin Palace and Loco Panda. By the way, I've also written about USA slots, Aussie slots and United Kingdom slots.

Following is a list of popular progressive slot machine - this is not a comprehensive list of progressive jackpot slots, just examples of some of the machines that I know of. There are many more but these are some of the biggest.

What Does A Progressive Slot Machine Look Like Money

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