If you have visited the Jackpot Games tab in our casino lobby, you have probably noticed that we offer dozens of jackpot slots. These games have the potential to pay out huge jackpots worth millions of euros in a single spin. But have you ever wondered how jackpots work and how they become so incredibly big? In this guide, we will explain the concepts and math behind progressive jackpot slots.

How multi-million progressive jackpots work

Jackpot slots are the most volatile and highest-paying casino games in the world, and many of them can pay out life-changing sums in the blink of an eye. Games such as Mega Moolah and Hall of Gods are famous for paying out multi-million jackpots from time to time. While you need to be extremely lucky to land a progressive jackpot, the small chance of winning millions in a single spin is what makes jackpot slots so exciting to play.

Every time a player places a bet on a progressive jackpot game, a small percentage of the bet goes to the jackpot pool. The jackpot keeps growing until one lucky player wins it all. Some slots share a progressive jackpot, which means that it can reach six figures even faster. Here are some of the key terms that we use when describing jackpot slots:

  • Average Win: This is the jackpot’s average payout. A good strategy is to play once the jackpot is close to or above the average win since the game’s RTP increases as the jackpot grows.
  • Average Payout Rate: The average payout rate is how often the jackpot is won on average. But in some cases, jackpots can be awarded weeks or months after its average payout rate. However, keep in mind that the chance of winning the jackpot does not increase over time.
  • Jackpot Seed Value: Every progressive jackpot has a seed. When a jackpot is won, the jackpot will be reset to the seed amount instead of beginning from zero.

Play the biggest jackpots at Boom Casino today

If you’re feeling lucky, you can play the world’s biggest jackpots right here at Boom Casino. Visit our Jackpot Games section and play record-breaking jackpot slots such as Mega Fortune, Hall of Gods, Arabian Nights and many more. And don’t forget to check out Mega Moolah – its progressive jackpot has now reached over €10,8 million!