(Image credit: A Vandalay)
The biggest selling point of any slot machine is the potential to win a large payout for not a lot of risk. Although we’re well aware that the odds favour the casino over the long run, we can’t help but love them anyways. The idea of winning a life-changing amount of money with just one lucky spin of the reels is enticing to us all.
Every slot machine is capable of paying out serious amounts of money, but some games are much more promising than others in this regard. Out of all the different types of slots you’re bound to encounter at online casinos, progressive jackpot machines offer the biggest payouts of them all. Paying out a six or seven-figure jackpot is just another day at the office for a progressive slot.
Progressive games are capable of paying out such large sums of money because they grow over time. As you and other gamblers insert coins, the machine sets aside a portion of every wager for the ever-growing jackpot. These games are often linked across multiple casinos for even faster jackpot growth.
$21 Million – Mega Moolah (2018) Currently, this win has the pole position and has also made it into the Guinness Book of World Records as the biggest ever online slot jackpot win. The lucky player came upon this windfall of wealth in September of 2018. The win was precisely €18,915,872, which converts to approximately $21 million. This $3.5 million win was also on a online slot machine, but this time, on a Mega Fortune Dream slot machine and the creator of this is NetEnt. Smaller Jackpot Wins from Online Casinos in 2020.
Next, we’ll be taking a look at some of the biggest jackpot slots online today. The numbers below are current at the time of this posting, but they are always changing. Even so, these numbers should prove useful as they give you an idea of the types of jackpots these games are capable of producing. Even if someone hits one of these jackpots before you have a chance to take your own shot, the odds are good it will have had enough time to build back up to a respectable amount by the time you read this post.
Jackpot Giant
Current Jackpot: £2,990,381
Payout Rate: 94.22%
The aptly-named Jackpot Giant is a Playtech offering that always starts at a guaranteed EUR 100,000 and grows from there. It is still a fairly new game, but it is wildly popular already and the jackpots grow quickly. It is not uncommon to see this one top out in the range of £5 million.
You qualify for the top prize by placing the maximum allowed bet. Catch five wild symbols in the first payline and the jackpot is all yours. When you play the maximum amount, 2.98% of every spin goes toward the jackpot. If you don’t play the maximum amount, no money is set aside for the jackpot.
Iron Man 3
Current Jackpot: £291,728
Payout Rate: 93.02%
The Iron Man 3 slot is a part of the popular Marvel collection of video slots. This one tends to be a fast grower because all Marvel games share the same progressive jackpot. Other titles that share this jackpot include the Incredible Hulk, the Avengers, Fantastic Four, X-Men, Wolverine and more.
One thing that makes this a particularly attractive slot machine is that there are no minimum bet requirements like you see with most jackpot games. All you have to do to qualify is play any Marvel game. The jackpot game is triggered at random and then you are awarded one of four possible jackpots at random. If you’re lucky enough to trigger the Ultimate Power jackpot, you win the whole thing.
Available at: William Hill Casino
Beach Life
Current Jackpot: £454,117
Payout Rate: 92.25% to 94.25%
Beach Life is a simple Playtech-inspired title that provides big jackpots and simple gameplay. You can activate this one by wagering the max and then hitting five wild symbols on the 20th payline. About 3% of every wager placed by all players goes directly to the jackpot prize pool. The popularity of Beach Life ensures a quickly growing jackpot that is always worth a look.
Available at: William Hill Casino
Funky Fruits
Current Jackpot: £1,646,016
Payout Rate: 93.97%
Funky Fruits is a lighthearted video slot offered by numerous online casinos. With quirky graphics and hilarious sound effects, Funky Fruits is a truly unique game. Standard jackpots can reach as high as 5,000 times your original bet while the progressive jackpot often tops out at around £2 million before being won by a lucky player.
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The progressive jackpot is triggered by hitting a combination of 8 to 25 cherry symbols. The exact amount you win varies based upon the size of your bet:
- £1 bet: Wins 10% of the jackpot
- £2 bet: Wins 20% of the jackpot
- £5 bet: Wins 50% of the jackpot
- £10 bet: Wins 100% of the progressive jackpot
Every gambler’s favorite word is jackpot.
The seemingly elusive prize given for all your time, money and sweat, spinning reel after reel on a slot machine.
Over the years there have been some truly monumental jackpot wins, changing people’s lives forever.
Read the facts on the biggest and most famous slot machine jackpots available, for any gambler with a little spare cash.
The Lions Share.
The Daily Mail recently reported on a Vegas slot machine, which stunningly hasn’t hit the jackpot for 20 years.
They call it the “Lions Share”, US ruling cannot get rid of the outdated slot until one lucky punter hits the now $2.3 million jackpot!
Definitely worth stopping by then?!
Gambling online.
Watch New Video Slot Jackpots
Online gambling is now beginning to take over traditional gambling. Online gambling in America achieved a staggering $74 billion turnover in 2013.
What makes this stat even more mind-boggling is that it was just $24 billion in 2004.
For this reason I believe it’s very important to keep up to date with the best sites offering the best jackpots.
When visiting such websites, a whole range of information becomes available, such as jackpots, generous offers, loyalty schemes and all the latest on great new games!
Sites to check out.
The gambling site “Mr Green” offers some of the biggest jackpots around.
Games such as Mega Riches and Tiki Wanders are both offering jackpots of over $1million.
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“Mr Green” also offers a brilliant opening bonus.
My undisputed two favorite games are “Beach life” and “Mega Moolah” however.
Both games operate using a progressive jackpot system, which builds a player’s maximum jackpot as they continue to play the game. – The more you play the bigger you’ll win!
Starting in the spring of 2011, the Beach Life jackpot went on a long run before being hit.
Fans of the game watched as the jackpot meter most past first $5 million, then $6 million and eventually even $8 million – far beyond what the game had ever awarded before.
Finally, on February 12, 2012, a lucky player managed to hit the right combination of symbols in order to win the Beach Life Jackpot.
That player ultimately took home a prize of more than $8.2 million, one of the biggest prizes ever seen in online gambling.
My other favorite, Mega Moolah also uses a progressive slot system, and boy can you win big!
It’s no surprise that the game is known as “The Millionaire Maker” among online casino players!
Not only does it provide one of the biggest online jackpots but it also comes with a great and enjoyable theme.
For those not wanting to gamble online high streets offer great slot machines too, with the only downside being relatively small jackpots can be won on any one spin.
Online gambling sites and land-based casinos love these sort of jackpot winners because they generate huge publicity when the fact of the matter is that in the long-run, the house always wins.
Did you know that online gambling in America achieved a staggering $74 billion turnover in 2013?