{"id":1646383,"date":"2023-01-05T08:04:36","date_gmt":"2023-01-05T05:04:36","guid":{"rendered":"https:\/\/clashofslots.com\/?p=1646383"},"modified":"2023-10-13T14:56:18","modified_gmt":"2023-10-13T11:56:18","slug":"what-is-progressive-jackpot","status":"publish","type":"post","link":"https:\/\/clashofslots.com\/nz\/for-beginners\/what-is-progressive-jackpot\/","title":{"rendered":"What Is Progressive Jackpot and Which Are the Best Progressive Jackpot Games"},"content":{"rendered":"

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Once in a while, the lives of very few lucky players change forever after they win a massive progressive jackpot. These types of games collect money from thousands of punters for weeks and months just to one day award it to a single person.<\/p>\n

By now you\u2019ve already guessed what a progressive jackpot is. Unlike regular jackpots, progressive ones grow in size. Player bets contribute a small share to the pot. It\u2019s typically between 3% and 5%. Suppose you place a \u20ac10 bet, then between \u20ac0.3 and \u20ac0.5 is added to the jackpot. Over time, these small contributions add up to a decent amount.<\/p>\n

The more actively a jackpot game is played, the faster its prize pot grows. And if no one plays it, then an amount won\u2019t change. Progressive doesn\u2019t necessarily mean massive because the amount accumulated varies. But these types of payouts can indeed break the record. No regular win can compare to the top figures progressive networks drop.<\/p>\n

Many games have multi-tier jackpots, and their smallest pots usually award just tiny amounts. Check out Microgaming\u2019s page for Mega Moolah, for instance. The studio provides some interesting stats. Its smallest, Mini jackpot, awards on average around \u20ac9. But because it drops on average once every 18 seconds, its total value of wins is impressive. For two years, from January 2021 to January 2023, it paid close to \u20ac30.5 million.<\/p>\n

How Do Progressive Jackpot Games Work<\/h2>\n

These are regular games but they set aside a certain part of a bet for a jackpot to grow. Placing a bet is similar to buying a lottery ticket – you may lose, win a small amount, or hit the jackpot. Games provide information on jackpot contributions in their game files.<\/p>\n

If you load Divine Fortune, for instance, and click the question mark icon at the bottom of the screen, you\u2019ll open the Game Rules page that explains everything about the accumulation of its Mega jackpot. 3.7% of each bet contributes towards the jackpot accumulation. But only 80% of these contributions are added to the current jackpot. The rest 20% is added to the seed value of the next jackpot. Divine Fortune Mega is seeded at 10,000 EUR, but thanks to the 20% set aside, its initial value is bigger. That\u2019s how most jackpots work.<\/p>\n

Jackpots usually must be verified after they land. Until then, the money won\u2019t be withdrawn. The software supplier will have to confirm the legitimacy of the win.<\/p>\n

Win Mechanics<\/h3>\n

Every game has different win mechanics. Some drop prizes randomly, while others award jackpots only during special jackpot rounds. Even within the same network, games use different jackpot trigger mechanisms. Take Mega Moolah, for instance. It connects multiple slots which either trigger bonus rounds randomly, or require a collection of certain symbols.<\/p>\n

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Once an entry into a jackpot round is granted, at least the min payout is typically guaranteed. It can be a regular multiplier or a jackpot. For instance, when triggering the Age of the Gods bonus game, at least the smallest pot will be yours. But Divine Fortune can award just a few 10x bet wins if unlucky.<\/p>\n

Chances of Winning<\/h3>\n

Landing a progressive jackpot can be easy or nearly impossible. Because it’s all about the amount you chase. As mentioned, figures range between tiny and massive, and it gets harder to hit larger jackpots, simply because they don’t drop that often and competition is more fierce.<\/p>\n

Traditionally, software providers do not provide any info on the chances and how they change in response to wagering more at a time. But some provide stats on average time and amount, so it’s possible to make some estimates. You can also check out our jackpot tracker<\/a>\u00a0page to get some stats. But no statistics can show what\u2019s going to happen next time as jackpots can drop at any moment. There are even cases when two of them drop almost within hours when the average time is 30 days.<\/p>\n

However, when talking about the must drop type, this isn\u2019t true. Jackpot triggering remains random, but as it gets closer to the max allowed time or amount, the chances of it being hit increase. And once the limit is reached, the drop is guaranteed. Suppose a jackpot must drop at \u20ac1,000. It still can get hit at any moment, but the moment the pot accumulates a maximum amount, it drops. That\u2019s why this category is also called guaranteed jackpots.<\/p>\n

Those who invest more in every round typically get an upper hand, because larger bets typically give higher chances of winning. Everyone with a minimum required bet can land a win, but the chances grow when players risk more money per round. However, developers don\u2019t reveal how the chances change. So, you just trust them and pay more for spins if possible.<\/p>\n

How Big Can It Get<\/h3>\n

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You choose how much money should be on the line. Most online progressive jackpots are multi-tier and they offer small, medium size, large and massive prizes. The sky\u2019s the limit when talking about top figures. At press time, the record win was over \u20ac19.4 million in Mega Moolah. But it can surely get bigger as typically jackpots don\u2019t have the max amount cap.<\/p>\n

The seed value is a good indicator of how big it can get. \u00a0Microgaming networks Mega Moolah and WowPot! have the most impressive seed values. Every time their largest jackpots get triggered, they reset to \u20ac2 million. No wonder they attract thousands of punters and grow to massive sizes.<\/p>\n

Check out our Jackpot Pokies<\/a> page\u00a0to find an extensive collection of games. They offer a wide variety of jackpots, from small to multimillion ones.<\/p>\n

Types of Progressive Jackpots<\/h2>\n

Online gambling has introduced plenty of jackpot types. Two main categories are local and global (network). The former accumulates within a single NZ casino or a casino family, and the latter accumulates across all casinos.<\/p>\n

Ozwin\u2019s Jackpots<\/a> by Yggdrasil features local jackpots. That\u2019s why you\u2019ll see a different amount accumulated in different casinos at any given moment. Because only players at a certain venue contribute. The popularity of a casino plays a big role in how fast a local jackpot grows. Whereas networks connect games across all operators and the popularity of a single operator doesn\u2019t have much impact.<\/p>\n

Must drop\/guaranteed type is also popular. It\u2019s especially suitable for punters looking for the thrill of chasing big pots but who appreciate a degree of certainty. They have a certain time or amount limit that can\u2019t be exceeded. When it\u2019s reached, the trigger is guaranteed. But it can drop at any other moment. There are also a few other types that are mostly tied to land-based gambling, and we discuss them below.<\/p>\n