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What is a Progressive Jackpot and How Does It Work?
November 7, 2022
What is a Progressive Jackpot and How Does It Work?
November 7, 2022
What Is a Progressive Jackpot and How Does It Work? We Explain
A progressive jackpot: what is it, how does it work, and how much can you actually win on progressive slot machines? Hold tight, we’re about to spill the beans.
What are progressive jackpots?
Never seen a progressive slot machine jackpot before? Well, just so you know, “progressive” doesn’t refer to a ‘liberal’ type of slot – it’s all about accumulation!
You see, a progressive casino slot jackpot differs from a regular jackpot payout because the grand prize keeps growing with every bet wagered by all players spinning the reels in the same casino games. It grows and grows – just like your appetite for big wins – until 1 lucky player bags the pot.
But there’s usually a little more excitement involved than that. ?☝️
Yup, that’s more like it! Because a progressive jackpot has the power to pop with a mind-blowing payout, and if you manage to bag the right one, it could be life-changing.
How do progressive jackpots work?
Progressive slot machines have been around for decades, with the first slot offering a jackpot that increases, launched in 1986 with the Megabucks slot game from IGT. With every losing bet wagered by players, the jackpot amount would be adjusted with a percentage of the losing wagers added to the pot.
Now that’s a pretty penny – $13 million? Sheesh! Today, progressive slot machine jackpot games work in a very similar way. But as casino gaming has evolved over the years, so have progressive jackpots.
Not only are they now available in the most famous land-based casinos in the world, but also in the comfort of your own home with online casinos delivering them by the dozens, or even hundreds, for you to witness one of these game-changing messages on your screen with a progressive jackpot on a mobile or desktop device, wherever you are.
That’s all good. But how does an online progressive casino slot jackpot actually work? Well, in online casinos, progressive jackpots are usually linked to a game provider’s network, with jackpot amounts accumulating through all the jackpot-linked games played from said provider.
This creates a big network of progressive slot machines with jackpots that will keep growing with every bet placed by all players on the same game across many different casinos. These jackpots tend to grow to astronomical amounts, which is why online progressive slots, in particular, are so popular with players.
There are also different types of progressive slot machine jackpots – some linked only to 1 game, whereas others may span across a whole range of games from a particular provider. Some providers even come up with different mechanics for winning progressives and create their own jackpot brands.
Take Fugaso, for example, one of our leading providers. This world-renowned studio has created its own jackpot brand called Day 2 Day™ Jackpots, with 3 daily progressive jackpots up for grabs that are guaranteed to pay out every day across various game titles in their portfolio.
How to win a progressive jackpot
Winning a progressive depends on the progressive slot machines you decide to play. Usually, a progressive slot jackpot award can be won by landing the maximum payout in a progressive slot. Other times, you may need to trigger special features or land a specific combination of symbols in order to trigger that life-changing win.
Then, there are our favorites: progressive jackpots that are triggered at random. Any player playing a slot game with this jackpot mechanic can win the jackpot payout simply for spinning the reels no matter the size of their bet, as is the case with Jewel Sea Pirate Riches, one of our newest progressive jackpot slots on the menu.
Oh yes, and those 3 jackpots up there – those are the Day 2 Day™ Jackpots from Fugaso we mentioned – guaranteed to pay out daily! And there’s more where that comes from on the Punt Casino game menu.
Whenever a progressive casino slot jackpot is won, the amount will be awarded to the player and the jackpot value will reset to the seed amount, which is never back to 0, by the way, but usually to the top award that can be won in the games excluding the progressive payout.
Progress to the next level with jackpot games at Punt today!
We have loads of jackpot slots at Punt Casino waiting to award your next big win. And now that you know what a progressive is, how it works, and how YOU can win one today, you’ve got every reason to hit up our best jackpot slots at Punt. Don’t waste time – other players are chasing those daily progressive jackpots right now – make the next big win YOURS!
