Everyone would love to win a jackpot, right? When you first start playing and, of course, big wins don’t immediately greet you with open hands, you start questioning and wondering ‘Will I ever win a jackpot?’ When that happens, the majority of people start looking for that answer and come across many sites who promise sure wins by following their simple (but effective!) tips. We aren’t promising anything, but we will try our best to provide you with the best information about slots and jackpot in general.
Slots - General
Fruit machines, one-armed-bandits or slots come in two basic kinds. Mechanical and electrical. Let’s explain mechanical first.
These machines feature three or four wheels with symbols which start rotating after pulling a handle. One by one they stop and when certain symbols line up, you win. This is effected by a series of pins attached to the wheels. When the wheels stop, a slider detects whether the formation is a winning one and if it is, it triggers the payout.
Random Number Generator
The electronic ones also have wheels, but while they may appear mechanical, they are in fact rotating on “stepper motors” that stop the wheels precisely where the machine’s computer has designated. And while the very basics of the machines, as well as the game’s objective remain unchanged, the technology that drives the machine has greatly advanced due to the Random Number Generator.
The RNG is a microchip that constantly generates numbers, even when nobody plays the machine. Normally, numbers are generated by the RNG at a rate of several billion hundreds of times per second. These numbers are used to determine the reels’ position. The random numbers correspond to positions on each of the machine’s reels. It is important to know that you are not really initiating anything to happen because the outcome has already been predetermined by the RNG the moment you have hit the spin button.
Let’s discuss payout. Well, all machines have a “payout percentage” that is determined by local gaming laws. This payout percentage is the key to the whole thing. It is also called ‘Return to Player’ percentage and it is used to describe the percentage of any wagered money that will be paid back to players over time from slot machine games. For example, if the RTP on a slot machine is 90%, it means that, for every £100 played in £1 bets, a player could, theoretically, expect to get around £90 back. Of course, the actual amounts vary hugely, with weighting added in favour of the ‘house’ (bookmakers, betting shop, casino or online platform). So an RTP of 90% would indicate that the bookmaker or casino will keep an average of 10% of all money played over time.
Now, let’s go with the thing that interests you the most – the jackpot. In case you didn’t know, there are two types of jackpots out there – progressive and non-progressive. Here are the differences:
A progressive jackpot is not ‘fixed’ at a certain amount or number credits. Instead, it will increase as players bet with a specific machine or group of machines. In many cases, the progressive jackpot will be shared among a group of affiliated casinos. The jackpot grows as players all over the state play until it reaches millions of dollars. Once someone hits the jackpot, the process is being reset.
Unlike the progressive, a non-progressive jackpot is fixed at a specific amount. For example, many slot machines use the traditional slot symbols like ‘cherries’ ‘bars’ and the ‘big 7’. A jackpot on this type of machine might be 5,000 coins for landing three 7’s or some other high-valued symbol. Slot machines with non-progressive jackpots are of a more traditional design and the top jackpot never changes no matter how many times its hit.
Regular slots with non-progressive jackpot often have prizes which are considerably smaller than progressive jackpot slots, and the amount that you can mostly depends on the amount that you wager. A regular slot may have a jackpot which is worth 500x your total stake for instance. If you win the jackpot, it will always be worth that amount, no matter whether you have wagered $0.20 per spin or $200 per spin.
The Biggest Online Jackpot Wins
Winning a progressive jackpot surely is something everyone has dreamed about. You might think, “oh no, that would never be me, I never win anything”. Remember the saying ‘you’ve got to be in it, to win it’ and keep in mind that the lucky winner is always as unassuming as the next.
For motivation, check out the top 5 biggest jackpot wins to date:
- $9.2 million on Mega Moolah Slot - The player, who preferred to be kept anonymous, was placing bets of $7.2 per spin when the jackpot dropped for them.
- $9.57 million on Mega Fortune Slot - The $9.57 win gave Alexander from Sweden quite the surprise, letting him pay off his mortgage in one fair swoop.
- €11,736,375 on Mega Fortune Slot - Mega Fortune has certainly kept true to its name. The 2nd in the top 5 biggest online jackpot wins was a lucky winner from Norway who decided to play a few games when he couldn’t sleep one night only to find himself in the Guinness Book of World Records for the largest ever jackpot payout.
- £13.2 million on Mega Moolah Slot – Won by the lucky British soldier named Jonathan Heywood who hit the record-breaking jackpot win on 6th October 2015 whilst he was playing at 25p per spin.
- €17,861,800 on Mega Fortune Slot - the biggest jackpot winner to date is one lucky 40 something year old man from Finland who won the mega jackpot on 20th January 2013 on none other than Netent’s Mega Fortune slot after he placed a 25-cent bet!
Will I Ever Win A Jackpot - Conclusion
Here’s what you need to remember from all of this – stop asking yourself ‘Will I ever win a jackpot?’ and start acting! In slots, especially in progressive jackpot type, it’s all a matter of luck, and who knows – maybe today is your lucky day!