Most slot machines have a fixed jackpot, but you can also find slot machines with one or more progressive jackpots.
A fixed jackpot is fixed in size, e.g. a certain amount of $$$ or a certain amount of coins or casino credits. A progressive jackpot on the other hand will gradually grow bigger until it is payed out to someone.
How progressive jackpots are fed
Normally, a progressive jackpot will not automatically grow bigger by the minute. Instead, it grows bigger when it is fed by players. Typically, a certain percentage of each wager on the slot machine will go to feed the progressive jackpot. This means that if someone sits down and make a lot of big wagers on the slot machine, the progressive jackpot will grow considerably. When no one is making any bets on the slot machine, the progressive jackpot will not grow at all.
Online as well as offline, connecting several individual slot machines to a shared progressive jackpot is popular. Such a jackpot can be fed by a multitude of players simultaneously and the jackpot can be won on any of the connected slot machines.
Pooled progressive jackpots online
The most common type of progressive jackpot online is the one fed by players in a specific casino. Examples of such jackpots are the ones you can win on the slot machines Super Lucky Frog, Icy Wonders and Cosmic Fortune.
A pooled progressive jackpot on the other hand is fed jointly by players in several different casinos. The famous Mega Fortune Mega Jackpot is one example of a pooled progressive jackpot – it is fed jointly by all Mega Fortune-players regardless of which online casino they elect to play in. This means that if the Mega Fortune Mega Jackpot payed out in Betsson Casino, it will not just contain money from Betsson-players; it will contain money from Unibet players, Paf players, Mr Green players, etc as well.
Examples of famous pooled progressive jackpots online:
- Mega Fortune Mega Jackpot
- Hall of Gods Mega Jackpot
- Mega Moolah Mega Jackpot
- Gold Rally Jackpot
- Beach Life Jackpot
- King Cashalot Jackpot
- Major Millions Jackpot
There are pooled progressive jackpots available online that are fed by more than one slots title. The Mega Moolah Mega Jackpot is for instance not just fed by Mega Moolah wagers, but also by wagers on the slot machines The Dark Knight, Mega Moolah Isis, Mega Moolah 5 Reel Drive and Mega Moolah Summertime. You can win the Mega Moolah Mega Jackpot on any of these five slots.
It’s not very fun to win a progressive jackpot that paid out very recently and contains hardly any money. To make progressive jackpots interesting even right after a pay out, game developers often design progressive jackpots with a starting point that is well above zero.
Example: The King Cashalot Jackpot seeds at $100,000. This means that when someone wins the progressive King Cashalot Jackpot, the jackpot starts over again at $100,000 instead of dropping down to zero. So even if you win the jackpot right after someone else, you are guaranteed to get a minimum of $100,000.