What are the Odds of Winning a Progressive Jackpot?
If you enjoy playing slot games on which you could win a life changing jackpot win, then it is going to pay dividends for you to play Microgaming’s impressive range of progressive slots! For when you play at any casino using their range of games and win one of the progressive jackpots attached to any of their slot games you are paid out those winnings in one single payment.
Many online casino sites tend to drip feed progressive jackpot winners their winnings over several weeks, months or even years! But Microgaming powered sites are obliged to pay progressive slot winners their winnings in one single lump sum payment.
However, it is always worth remembering that when you play progressive slot games your actual chances of winning the jackpots are tiny. With this in mind we would like to present to you a range of facts and figures that you may find interesting in regards to the actual odds of winning a progressive slot game jackpot.
Below we have listed several Microgaming designed progressive jackpot slots, and we have dissected the reel strips on each of those listed slot games and have worked out what the exact odds of you spinning in the progressive jackpot paying combinations on each of them. This should give you an idea of just which progressive slots to play if you want the best chance of beating the odds and winning a potentially life changing jackpot win!
Major Millions Slot – You will find both a 3 reel version of the Major Millions slot game along with a 5 video reel version of this slot on offer at Microgaming casinos. However both slot games share the same jackpot pool and as such you have the same chance of winning the jackpot no matter which one you play.
If you play the video slot version of the Major Millions slot game and have put into play maximum payline spins, which are required to win the progressive jackpot as it is awarded on the 15th payline only, then you will find that on each spin you play off the odds of you spinning in the jackpot paying winning combination are one in 7,484,400!
Be aware that the coin values on this slot are fixed at 0.20, and only one coin per payline can be activated which results in a maximum bet spin which needs to be placed to have the chance of winning the progressive jackpot working out at 3.00.
King Cash A Lot Slot – The King Cash a lot slot game is another popular progressive slot game found in the gaming suite of all Microgaming software powered sites. When you choose to play this slot game you will find it has been designed as a 9 payline slot.
To have any chance of winning the progressive jackpot attached to this slot game you will have to play maximum bet spins and then see the jackpot paying reel symbols all lining up on the ninth payline. The coin values on this slot are fixed at 0.05 but you will need to wager five of them on each payline to activate the progressive jackpot on its pay table will which result in the cost per spin for doing so being 2.25
In regards to the chances of you winning the progressive jackpot when playing each spin of the reels of the King Cash a Lot slot the odds work out at one in 7,917,000. That does of course mean that you have more chance of winning the progressive jackpot when playing the above named Major Millions slot game that you do playing this slot online!
