Road to Riches—Exploring the Different Types of Progressive Jackpots in Online Slots

Looking for a chance to win big without breaking the bank? Look no further than the world of online slots and progressive jackpots. With just a small deposit, you can enjoy the thrill of spinning the reels and potentially hitting the jackpot. So if you’re looking for a chance to win big at the best NZ$1 deposit casino, look no further than progressive jackpots in online slots. Choose a $1 deposit casino and let Lady Luck take the wheel. 

What are progressive jackpots, and how do they work?

Progressive jackpots are a type of slot game reward where the jackpot continues to grow until one lucky player hits the winning combination. A small percentage of each player’s bet goes into the jackpot, which allows it to grow over time. These jackpots can reach millions of dollars and are a popular choice for many online slot players.

The types of progressive jackpots in slot machines

There are six main types of progressive jackpots that players can enjoy:

  1. Standalone progressive jackpots

These jackpots are specific to one machine and are not connected to other machines. The jackpot amount is determined by the number of bets placed on that machine.

  1. Local progressive jackpots

These jackpots are linked to a network of machines within a single casino or gaming site. The jackpot amount is determined by the number of bets placed across all the machines in that network.

  1. Wide area network progressive jackpots

These jackpots are linked to a network of machines across multiple casinos or gaming sites. The jackpot amount is determined by the number of bets placed across all the machines in this multiple casinos’ network.

  1. Random progressive jackpots

These jackpots are triggered randomly, regardless of the symbols on the reels. The player does not need to hit a specific combination of symbols to win the jackpot.

  1. In-game progressive jackpots

These jackpots are triggered by a specific combination of symbols on the reels. The payout amount increases each time a player makes a bet.

  1. Daily progressive jackpots

It is a newer type of jackpot that’s becoming increasingly popular in online slots. These jackpots are struck once a day, no matter the amount in the prize pool. The player who hits the winning combination on that day will win the jackpot, ranging from a few thousand dollars to hundreds of thousands of dollars.

  1. Must fall-/upper cap-driven progressive jackpots

Upper cap-driven progressive jackpots are a type of jackpot where the payout is limited to a certain amount. Once the jackpot goes past a certain amount, it will be struck. This type of jackpot is excellent for those who want to win a substantial amount of money but don’t want to wait for the jackpot to grow to a massive amount. On this type of jackpot you can sometimes find no-pedos bonuses.

The best progressive jackpot slots of all time

Ready to hit the jackpot? These top five progressive jackpot slots might be your best shot: 

  1. Mega Moolah: The king of progressive jackpot slots

With its fun safari theme and a massive prize pool, Mega Moolah from Microgaming is the undisputed king of progressive jackpot slots. This popular game has four different jackpots, including the Mega Jackpot, which starts at $1 million and has paid out over $1 billion in winnings since its release. With a high RTP of 88.12%, this game is a fan favourite among players.

  1. Hall of Gods: Enter the mythical world of Norse gods

Hall of Gods is a popular NetEnt slot that takes players on a journey into the world of Norse mythology. This beautifully designed game has three different jackpots, including the Mega Jackpot, which can reach millions of dollars. With a high RTP of 95.3%, this game offers players plenty of chances to win big.

  1. Mega Fortune: A life of luxury awaits

Another NetEnt classic, Mega Fortune, is known for its luxurious theme and record-breaking payouts. The game features a Mega Jackpot that has paid out over $20 million in the past, and two smaller jackpots. With an RTP of 96.4%, this game is a top choice for players looking for a chance to win big.

  1. Arabian Nights: A tale of riches and treasure

Inspired by Arabian Nights tales, this NetEnt slot offers players the chance to win one of three progressive jackpots. The largest prize is the Mega Jackpot, which can climb into the millions of dollars. With an RTP of 95.6%, Arabian Nights is a must-play for players who love a good story and the chance to win big.

  1. Major Millions: A classic game with a massive prize pool

Developed by Microgaming, Major Millions is a classic slot game that has been around since 2000. With a military theme and simple gameplay, the game offers players the chance to win one of two progressive jackpots. The Mega Jackpot has paid out over $1 million in the past, and with an RTP of 89.37%, this game is a great choice for players looking for a chance to win big on a classic slot.

Ending thoughts

Regardless of the type of progressive jackpot, the concept is the same. The jackpot grows as players make bets on the game, and a specific combination of symbols determines the payout. The odds of hitting the winning combination are typically low, but the potential payout can be life-changing.

Whether you prefer a daily progressive jackpot, an upper cap-driven progressive jackpot, or one of the other six types, there’s something for every type of player. So be sure to choose a reputable online casino, make your low deposit, and start spinning the reels today. Who knows—you could be the next big winner!