Progressive jackpots offer gamers the opportunity to win huge sums of money for a small stake. These jackpots are occasionally an option in online poker games but they are most popular with online pokies. Online video pokies are games of chance that provide you with the chance to win cash for landing on similar symbols as on the reels. These games pay out fixed amounts of money regularly. However, progressive jackpot games have an extra potential win, with the prize cash often reaching 5-, 6- and sometimes 7-figure sums.
Progressive jackpot works by having a number of people playing within a network of connected games. With every spin by a player, a small fraction of their wager is added to a shared jackpot. Once the amount gets to a predetermined threshold, a lucky winner is awarded. With potentially millions of players funding the jackpot with every bet, the prize money becomes extremely large. With time, a random player wins the whole amount and the prize pot starts building again from a pre-set minimum amount.
While the thrilling opportunity to win a huge sum of money with a single wager is what entices many to play the progressive jackpot games, the potential of actually winning the jackpot is quite low. The jackpots are never ‘due’ to pay out like other pokie jackpots are, therefore, the chance of winning still remains the same.
Potential Jackpot Amounts
Online progressive pokies regularly pay out in excess of $1 million, though some machines pay in tens or hundreds of thousands. According to Guinness World Records, the largest win recorded for an online progressive pokie was a 47-year-old player from Finland, who scooped an amazing sum of $15,143,600 with a stake of € 0.25 on NetEnt’s Mega Fortune in 2013.
It is also possible to win the progressive jackpot through your mobile device. The highest mobile win recorded was by a UK punter known as Gabriel L, who bagged 3.7 million on Microgaming’s Mega Moolah.
While progressive jackpot pokies at land-based casino will remain a big attraction for many, online casinos have become more popular and feature a wide variety of games, with greater prizes.
Lucrative Progressive Jackpot Wins for 2019
As mentioned, chances of hitting the jackpot are quite minimal. However, there are those that are lucky enough to walk away with large stacks of money. Let us look at some of the progressive jackpot wins from the last six months.
- Mega Moolah Jackpot of €13.3 million win
On January 30th, Mega Moolah created its first millionaire of 2019. The amount that is equivalent to $15,123,762.50 is the third largest ever cash prize to be paid out by this iconic game. The highest amount paid was €18,915,872.81 in September 2018 and then the €17,879,645.12 Guinness World Record as the biggest win ever by a pokie machine. Then third in line is the lucky winner of the 13 million. The amount might not be thrilling but think of what you can do with 13 million cash. You will agree that there is pretty much you can fulfill.
The winner of the jackpot is not known. However, the press release had something to say about the winner. They commented that the win was thrilling ride and they are happy for the winner who happens to be a long-standing punter. To crack the jackpot in less than 30 minutes of play is simply amazing!
- $1,117,047.93 Jackpot win for VGT’s super Hits
A lucky punter hit the jackpot and won the $1,117,047.93 while playing VGT’s Super Hit jackpot. The Super Hits Jackpot is a 3-reel mechanical wide area progressive offered by VGT games. The winner was playing Smooth As Silk game when he won the jackpot. This is the largest jackpot in the history of VGT.
- $12.9 million Mega Moolah Jackpot Win
It seems like Mega Moolah carries the show all the time. In March 2019, a lucky player scooped the $12.9, which is equivalent to £9.8. It is not certain from where the player came from as he placed his bet using the USD since Mega Moolah is not accepted in the US. Most winners prefer to remain anonymous and it wouldn’t be a surprise that this winner too decided on the same. The win came shortly after the January win, which places it as the second Mega Moolah jackpot win for 2019.
These are some of the recorded wins for 2019. People are winning every other day so we expect more wins to be announced. Who knows, it might be you! Just choose a good online pokies site and start spinning those reels and try your luck.