Progressive Slot Machine Jackpots

Highest Paying Progressive Slots to Date

Of all of the different kinds of slot machines for players to choose from, progressive slot machines have to be the most lucrative and enticing to play. This is because progressive slots offer jackpots in addition to their standard payouts that can often reach astounding heights, many times in excess of several hundred thousand dollars or more with some machines even managing to reach the million-dollar mark. I don’t care who you are, that is life-altering money.

How do Progressive Slot Machines Work?

Now, progressive slot machines don’t just automatically start with that life-altering money, that jackpot has to be built first. So, how does that happen?

Well, progressive jackpot slot machines are set up to take a portion of each wager and contribute it to the jackpot while the difference is used for the standard payout. Each machine will build at a different rate depending if it is setup as an individual machine or setup on a network; we’ll get to this more in a second.

Even though a player is contributing to the jackpot with each wager that he or she makes, the only way to actually win a progressive jackpot is typically by wagering the maximum amount and then of course hitting the winning symbol combination. Anything less and a player is only playing for the standard payout which of course, defeats the purpose of playing on a progressive slot machine altogether.

In addition to understanding the basic idea behind progressive slot machines, it’s a good idea to understand the few different ways that a progressive slot machine can be set up as it can make a slight difference in how fast a jackpot is built and how frequent that it may be won. Here are the different ways that a progressive machine is setup.

Individual: Individual machines are machines where the jackpot, including how fast it is built and how often it may be won, is solely dependent on one person which is whomever is in front of the machine at that time. Since this is the case, these machines’ jackpots are going to be much smaller, especially in comparison to jackpots on some sort of network.
Linked/In-House: Linked or In-House machines are linked together so that more than one player is contributing to the same jackpot. In many cases, these machines are using the same theme and in a brick and mortar casino, they tend to be huddled together with a large sign over the top of them all displaying the current jackpot amount. Players should expect these jackpots to build much faster than the stand alone individual progressive slot machines.
Multi-Location: Multi-location progressive slot machines are machines that are linked together regardless of whether they are in the same casino or not. A prime example of this would be any online casino that uses Real Time Gaming as their software provider. All RTG progressive slot machines are linked together in a network so that regardless of what casino a player is playing at, as long as they’re playing on a RTG progressive machine then they are contributing to the overall progressive jackpot. These types of jackpots tend to build much faster since there can be several players occupying the machine at the same time. It would also make sense to assume that these jackpots tend to be some of the biggest and most frequently won.

So as you can see, the larger the network or in other words, the more players contributing to the overall jackpot, the more likely that the jackpot will build quickly and will grow to be a substantial amount.

Now all of this talk about progressive slots and huge payouts more than likely has many of you foaming at the mouth in want of finding the best and highest paying machines online. So with that in mind, we have provided all of you with the information on the highest paying progressive slot machines to date below.

Online Progressive Slot Machines

Out of all the available games in a casino, progressive slot machines have to simply be the most sought after simply because of the potential rewards that it could award one lucky and unassuming player. Just one word of advice before you rush off to the nearest and most highest paying slot machine however; be sure to always bet the maximum while sitting at a progressive machine so that if and when lady luck smiles down on you and you hit the winning combination, that you win the biggest prize possible.