Progressive jackpots have revolutionised the world of casino gaming, both online and in person. These slot games offer unrivalled top prizes that continue to grow until they are won. But how do these payouts occur, and what happens if you hit the jackpot?
Let's delve into the mechanics behind these jackpots and unfold the process of a progressive jackpot payout.
What Are Progressive Jackpots?
Unlike traditional slots that offer fixed jackpots, progressive jackpot slots feature a dynamic jackpot that continually grows with each bet placed by players. This characteristic allows the potential winnings from progressive slots to climb to extraordinary heights, often exceeding the million-pound mark. The jackpot continues to grow until a player hits the winning combination and wins the pot.
There are three primary types of progressive slots:
- Standalone Progressive Slots: These machines are not linked to any other slots, and the progressive jackpot accumulates from the bets placed on that specific machine only.
- Locally-Linked Progressive Slots: A group of slot machines within the same casino are linked together. The progressive jackpot accumulates from the bets placed on any of the linked machines.
- Network-Progressive Slots: The progressive jackpot is linked across numerous games and multiple casinos, resulting in the largest possible jackpot prize.
How Are Progressive Jackpots Paid?
Once you win a progressive jackpot, the game will automatically pause, and a screen confirming your win will pop up. Following this, the casino will commence a verification process to confirm the legitimacy of the win. This is a crucial step to maintain the integrity of the game and to prevent any fraudulent claims.
You may be asked to provide documentation to verify your identity and address. This is a standard security measure in place at most online casinos to ensure that the jackpot is paid to the correct person.
Once the verification process is completed and the win is confirmed, the process of transferring your winnings begins. The method of payment varies depending on the specific game and casino. Some casinos may choose to pay out the entire jackpot amount in one lump sum, while others may offer the option of receiving the money in instalments over a set period. Therefore, it's essential to familiarise yourself with the specific payout policies of the casino and the game you're playing.
What Happens When You Win A Progressive Jackpot?
Progressive slot machines are popular as the jackpot can trigger at random on any wagered base game spin of any of the participating slots. Anyone - from a novice gambler to a seasoned player - has the chance to trigger the jackpot. But what exactly unfolds if you hit that winning combination?
As mentioned above, if you win a progressive jackpot, the game will stop, and a screen confirming your win will appear. This screen will typically display the amount you've won, along with your username and the date of the win.
Following this, the online casino will commence a verification process to confirm the legitimacy of the win. This is a crucial step to maintain the integrity of the game and to prevent any fraudulent claims.
After your identity has been verified and the legitimacy of the win confirmed, the casino will begin proceedings to pay out your winnings.
Best Progressive Jackpot Slots
If you're looking to play progressive jackpot slots online, you're in the right place. Online casinos, like right here at Bonanza Slots, offer a vast array of progressive slot games, each with unique features and the chance to potentially win jackpot prizes.
Some of the most popular progressive slots include Mega Moolah, Aztec Realm, and Fluffy Favourites Jackpot.
Bonanza Slots also offers a vast array of mobile slots and table games such as roulette, blackjack, poker and more. Simply log in or join to view our full games library.
However, do remember that while progressive slots offer the potential for massive wins, they're still games of chance. Therefore, it's imperative to play responsibly.