When talking about huge winnings in online casinos, the top spot is reserved for progressive jackpots. The humongous winnings that run in the tens of millions of dollars that one hears are pot prizes from progressive jackpots.
Just how does a progressive jackpot work? It’s simple.
Every time a player bets on a progressive game either by playing a hand or spinning the reels, a certain percentage of the player’s bet goes into the progressive jackpot pool. In most cases, the jackpot pool is shared by various online casinos so players from all over the world are contributing to this pool. Each online slot machine pays out their regular pay tables while the progressive jackpot gets bigger and bigger as people play their game. Once a player hits the winning hand or spin, he wins the jackpot. The pool is reset to a starting amount and contributions start to come in again.
Winning a progressive jackpot is not as easy as the odds of winning are quite small. In this connection, the combined jackpot reaches extremely huge amount before it is won.
There are currently more than 750 progressive jackpots available to online gamers with an accumulated progressive jackpot pool of $112,689,495 as of this writing. Two days ago, one fortunate player hit Net Entertainment’s Mega Fortune Dreams Mega jackpot of €3,637,620
As of this writing the top 10 current progressive jackpots are:
Mega Moolah Mega by Microgaming, Quickfire has a pot prize of $8,075,880.
Mega Fortune Mega by NetEnt has a progressive jackpot of €3,638,167.
Aladdin’s Lamp €5 by GTECH has €3,353,050 as the progressive jackpot amount.
Cleopatra’s Chest by Virtue Fusion has a pot prize of £2,263,925 .
The Big One Colossal Cash by PartyGaming currently has $2,756,685 as its accumulated progressive jackpot.
Monster Madness by TopGame has $2,731,260.
Millionaire Genie designed by Random Logic has $2,715,136 as jackpot.
Bingo Slot by TopGame has about $2,337,652 for its progressive jackpot prize.
The Winnings of Oz Ash Gaming has £1,607,714 while Gladiator by Playtech has $2,026,642 for its top prize.
About Author: Stan Roger is the senior contributor of Freeslotmoney.com . It provides online casino slot players with free welcome bonus money upon deposit and free no deposit money courtesy of the online casinos. Follow us on Twitter or Subscribe to the RSS Feed of our Blog today to get latest news and reviews of your favorite casino and slot games.