A progressive jackpot is one of the main lures of a slot machine. These games are loved the world over, both online and offline, and yet they have one of the highest house edges of any other game in the casino. There are many reasons for this, including the audio and graphics used, both of which are designed to trigger the reward centre in our brains, but the progressive jackpots also play a big role.
So just what are progressive jackpots and where can you find the best and biggest progressive jackpots around?
Spin Palace Progressive Jackpots
At any given time, there is over $10 million available through progressive jackpots on the Spin Palace website. This online casino has been around for close to 15 years, and for much of that time it has offered some of the most generous progressive jackpots in the industry. There is a Recent Winners list on the main page of the Spin Palace website, and here you can study all of the big winners in real time.
There are a great number of slot machines that have progressive jackpots here on Spin Palace, in fact there are dozens of them, with many themes to choose from. Only a few of these have jackpots into the hundreds of thousands and millions though, and we have listed the biggest of these below.
- Mega Moolah: This game does not have the best graphics and it is not the most exciting slot machine around, but it has by far the highest progressive jackpot. On all Microgaming casinos, this is likely to be the game with the highest progressive jackpot, as the total amount regularly exceeds $10 million.
- King Cashalot: Although the jackpot here is not as much as it is on Mega Moolah, this regularly exceeds a couple of million dollars on Spin Palace and we also enjoy this game much more than Mega Moolah.
- Cyberstud Poker: This poker game offers the highest progressive jackpot of any poker slot. If poker is your game of choice then this is the game you need to play as the jackpot is usually always above $100,000, and there have been times when players have won around half a million through this slot.
- Major Millions: Very similar to King Cashalot, Major Millions also has a big progressive jackpot and a cash theme. There is usually over $1 million available on the progressive jackpot here.
So, just what is a progressive jackpot? Well, you may have heard the terms Jackpot and Base Game Jackpot, which refer to different aspects of slot machines. A Jackpot is the maximum you can win during a Bonus Round, often coming when you land the best symbols or when you make it to the very end of the bonus round. A Base Game Jackpot is the maximum you can win on the game itself, often by filling the reels with all of the most valuable symbols.
A Progressive Jackpot is a little different to these as it doesn’t rely on any symbols or even on a bonus round. A Progressive Jackpot is triggered randomly and there is a chance of this happening with every spin that you make. In this case every spin on a progressive jackpot game comes with a free lottery ticket, and every time you press “spin” you are triggering a random number generator that could land in your favour and change your life in a heartbeat.
Every spin you make on a progressive jackpot slot machine also goes towards building the progressive jackpot itself, with a very small portion of each spin being put to one side and used to build this rolling jackpot. That’s why the progressive jackpot continues to increase as you play.
If someone wins the jackpot then it will go down, but it generally doesn’t fall to 0. All games have an amount that the jackpot will reset to and some of those amounts, such as on the Mega Moolah game, are very high, with the casino supplying the funds themselves. There are also several different progressive jackpots to be won on most games, with Small, Medium and Big jackpots available. You can’t win all of these and can only aim for one at a time. Which one you aim for depends entirely on your stack, with those staking less than $0.10 often going for the small jackpot and those staking $2 or more getting a chance at the big one. The exact amount depends on the individual game, and there are some slot machine games that allow those staking just a few cents to take a stab at the big jackpot.
So that’s it, there’s nothing more to it. If you want a slot machine that can offer you all of the standard wins, bonus rounds and extra features, along with a chance at a life-changing jackpot, then sit yourself down in front of a progressive jackpot at Spin Palace. In a matter of moments your name could be on the Recent Winners list and in a matter of days you could have millions of dollars waiting for you in your bank account.