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Online jackpot slots have of course pursued the reputation of land based slots and are the trendiest online casino Jackpots games nowadays astonishing graphics, huge jackpots and creative ideas are the sort of the day.
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Through progressive slot games, the slot machines are associated with one another, and from time to time with machines in additional casinos. Division of the stakes misplaced by earlier clients of these slot machines is employed to supply to one huge jackpot that can be conquered by striking a exceptional arrangement or a extraordinary jackpot token.
Since there are numerous slot games bucketing cash into one particular pot, you can be expecting this progressive jackpot to produce actually full-size.
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There are no genuine strategies in captivating a progressive slot game, merely clean fortune. However you can craft the largest part of your cash, when on earth you are gambling on a progressive slot game.
- Forever look into the payout table prior to playing in order that you recognize which arrangements will acquire you that indefinable progressive jackpot.
- Build the utmost bet allowed. In nearly all casinos, simply by inserting the utmost wager would formulate you entitled for playing in favor of the progressive jackpot.
- Fix to the cash that you have lay down as your betting financial plan to avoid trailing in excess of you can pay for to.
- If you succeed little funds, though it is not the progressive jackpot, walk out on and take pleasure in your prize money. If you misplace the complete bankroll you have lay down for yourself in favor of the day, walk off, carry out atypical and attempt once more in a day or two.
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Microgaming Progressive Jackpots
- Major Millions Progressive Slots
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Realtime Gaming Progressive Jackpots
- Mid-Life Crisis Progressive Slot
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Cryptologic Progressive Jackpots
- Rags to Riches
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The biggest winners up to now are the entire winners of the enormous progressive jackpot game called Megabucks. The Megabucks jackpot begins by the side of $7 million dollars and persists to cultivate pending there is a conqueror. Megabuck has a complex of slot machines in excess of 150 positions all through Nevada. Extra participants tote up to a superior jackpot in online slot.
The biggest jackpot that has forever been captivated in Las Vegas was $39.7 million dollars. The Excalibur Hotel and Casino boasted the hot machine within March of 2003. The jackpot winner was a 25 year aged gentleman that was holidaying Las Vegas on behalf of the NCAA Basketball Tournament. He was fortunate as much as necessary to twist his $100 dollar asset into a crushing $1.5 million dollars a year intended for the subsequently 25 years ( Refer Online Slot Winners ).
By the age of 92 Elmer Sherwin captivated the Megabucks jackpot for the succeeding time. Twenty one years following his first succeed; Mr. Sherwin strikes the Megabucks jackpot once more for $21 million. His primary succeed was for $4.6 million and he appeared pleased with that.
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Amy Nishimura from Hawaii was an additional huge winner. At 71, Nishimura was within Las Vegas on holiday and was fortunate adequate to strike a jackpot valued $8.9 million dollars. She was an additional winner of Megabucks, and Ms. Nishimura said that she had daydreamed regarding winning prior to she hit the jackpot. She merely used up nearly $100 playing the slots and appeared a vast winner.
A Mega-Moolah jackpot of in excess of $5.5 million has been captivated by a participant commencing Finland. Klaus E. positioned a $0.50 stake on top of the trendy progressive jackpot machine and in a fraction of seconds turned out to be a Mega-Moolah slot multi-millionaire. A spokesperson said: 'Klaus has immediately grown to be part of a cream of the crop society of online casino slots participants who have 'hit it big' and united the special Millionaires' Club.
We pat on the back him on his triumph and expect accompanying him in his celebrations.' Klaus himself couldn’t trust that he had got the gigantic-sized progressive jackpot, and said that his hands were really trembling. What time the anxiety was over he told casino administrators that he would start on utilizing the cash to forfeit off the credit on his residence plus seize a holiday.
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Mega Moola
Microgaming has afresh hoisted the bar within online slot distraction by way of the discharge of their foremost latest progressive slot machine in roughly a year. It was sound valued as Mega Moola is the earliest online progressive to approach through a foundation rank jackpot of $1,000,000.
Major Millions Mega Spin
The unique accounts of Major Millions bust the entire online jackpot report at what time it was the earliest diversion to disburse a particular jackpot of greater than $1,000,000 back in 2002. From the time then we have noticed a video slot account liberated moreover yet bigger jackpots being captured.
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The three reel edition of Millionaires Club was the initial slot by the side of Wagerlogic casinos to present million dollar plus jackpots. At the present you encompass two modes to set out in favor of the identical gigantic jackpot. The progressive begins next to a finicky $175,000 and has departed as high as $3,500,000 - an acutely life altering jackpot.
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- For eternity lay a wager on the max coins. You can't triumph the big jackpot if not you've partaken max coins.
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Online slots jackpots have grown immensely within the past decade. In fact, 11 jackpots have paid over $10 million in the last decade.
These prizes may not compare to the largest Powerball and Mega Millions jackpots. However, they’ve definitely made gamblers filthy rich.
As big as online slots jackpots are today, they’re about to get much bigger. One gaming developer plans to launch a $50 million jackpot within the coming months.
I’ll discuss this upcoming prize below along with how it’ll smash the records set by previous internet slots jackpots. I must add, though, that I’m not sure if this payout will truly materialize.
What Is the Biggest Online Slots Jackpot Ever?
Mega Moolah (Microgaming) and Mega Fortune (NetEnt) have paid most of the largest prizes in online slots history.
Mega Fortune set world records when it delivered €11,735,446 (approx. $13.3m) and €17,860,868 (approx. $19.5m) in 2011 and 2013, respectively.
Mega Moolah has taken the reigns within the past few years, though. It awarded record payouts of $20,057,734 and €18,915,872 (approx. $21 million) in 2019 and 2018, respectively.
The $21 million prize from September 2018 currently holds the Guinness World Record for being the biggest online slots jackpot of all time.
Hacksaw Gaming Announces Upcoming $50 Million Jackpot
Hacksaw Gaming is a developer that just recently came onto the scene. However, they’re already looking to make a big splash with a series of massive jackpots.
They’re going to roll out a line of “insured” jackpots that feature payouts worth between $5 million and $50 million. These prizes will also be listed in equivalent euro and pound amounts.
Every huge online slots jackpot available today is of the progressive variety. They take small amounts from each bet to fund the prize and need time to grow.
“With our new concept, operators can rely on having huge, exciting jackpots on offer without having to wait for the progressive jackpot to build up,” said Marcus Cordes, COO of Hacksaw. “It also enables smaller operators to offer the same huge prizes as the Tier 1s, levelling the playing field.”
Hacksaw’s plan involves launching My Lucky Number with a $25 million jackpot. This game is scheduled to come out somewhere around the middle of 2020.
From here, the developer will launch a flurry of other big jackpot games. $5 million, $10 million, and $50 million prizes are all on the agenda.
A Record Setting Online Slots Jackpot
Earlier, I covered how Mega Moolah currently holds the record for the biggest-ever internet slots prize at $21 million. It could be on its way to offering another such prize when considering that its “Mega Jackpot” is worth $11 million at the time of this post.
However, the $21m record could be a distant memory if Hacksaw’s plan goes off without a hitch. The proposed $50m jackpot would break the current mark by a wide margin at $29 million.
Even the second-largest jackpot in Hacksaw’s proposal would be a record-setter. At $25m, it would top Mega Moolah’s mark by around $4 million.
What Is Hacksaw Gaming?
Hacksaw Gaming definitely isn’t the biggest name in online gambling. One reason for this is that they’ve only been around since September 2018.
They gained a foothold in the industry by producing online scratch cards. Hacksaw has been successful in this endeavor so far.
One year after opening, they produced their first online slot in Stick ‘Em. This game, which revolves around a marshmallow mafia member, brought a totally new theme to the industry.
They’ve produced one other internet slot in Om Nom. A 4×4 slot based on desserts, Om Nom gained praise for its simple, yet unique, style.
Can Hacksaw Really Pull Off a $50m Jackpot?
Hacksaw has had a very successful start. However, I’m skeptical on their plan to offer the biggest slots jackpots known to man.
At the time of this post, they haven’t even been around for two years. Already, they’ve proposed slots prizes that would easily crush any payout that’s been offered so far.
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Neither Om Nom nor Stick ‘Em features a top payout that’s anything notable. Their next upcoming slot, My Lucky Number, will allegedly leap onto the scene with a $25 million jackpot.
I’m not accusing Hacksaw of lying about what they intend to do. They’ve proven to be a reputable developer so far with their online slots and two dozen scratch cards.
Most likely, Hacksaw Gaming has secured large outside investments and/or big loans to help them offer these jackpots. They’re assuredly not announcing $25m and $50m prizes based on air.
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Again, though, I want to see these jackpots before automatically believing that slots prizes will reach astronomical heights in less than a year’s time.
Will Hacksaw Encourage Other Slots Providers to Up Their Jackpot Game?
Microgaming and NetEnt have had no trouble offering big slots payouts in the past. Playtech and Yggdrasil Gaming have delivered massive prizes too.
However, none of these providers hold a candle to the upcoming Hacksaw insured jackpots. I wonder if the latter will kick-start an arms race to feature bigger and better top prizes.
Microgaming is best positioned to challenge Hacksaw’s $25m and $50m payouts. They currently seed Mega Moolah at $1 million, but they could increase the seed to $5m or $10m and encourage faster-growing jackpots.
Bovada Casino, which uses proprietary software, also features a large jackpot through Shopping Spree (currently $4.56m). They could conceivably offer bigger payouts when considering their large share of the US market.
GTECH has built a large jackpot through Aladdin’s Lamp €5 that’s worth over $4 million. They might be a dark horse contender for the future slots jackpot record.
Playtech, Yggdrasil, Realtime Gaming (RTG), Blueprint Gaming, and NetEnt are other possibilities that could factor in.
Of course, the idea that developers will suddenly began offering bigger jackpots just because of Hacksaw is pure speculation. But I wouldn’t be surprised to see at least 2-3 of these software providers make an attempt to compete with Hacksaw.
Should You Play for These Record Setting Prizes When They Launch?
Assuming these giant online slots jackpots become available as planned, they figure to cause hysteria among the gaming community. As for whether you should join in this frenzy depends on your personal preferences.
If you’re somebody who dreams of getting rich through slots, then you can best accomplish your dreams through these upcoming games. No slot machine—online or land-based—has ever paid out $50 million.
Only Megabucks, which is available in Nevada casinos, has delivered over $25 million. It currently holds the record for the biggest slots jackpot ever at $39.7 million (2003).
Therefore, Hacksaw Gaming’s slots will offer the largest prizes you can find at any casino. You should target these games above all if you have visions of mansions, Lamborghinis, and private islands.
Downsides to pursuing this prize include volatility and the odds. Regarding the latter, you’re almost assuredly not going to win $50m, $25m, or even $5m.
Of course, the dream is that you’ll defy the odds and win big. However, I wouldn’t count on it in this lifetime.
Any slot that offers even a $1 million jackpot will have serious volatility. Just imagine what kind of volatility you’ll deal with when a $25m or $50m prize is introduced.
Finally, you also need to worry about the taxes and potential payout structure if you do somehow win. Lumpsums for big gambling prizes usually only deliver 60% of the amount, while annuities (annual payouts) reduce the value of the prize when account for inflation.
Conclusion
Hacksaw Gaming is embarking on an insane plan to offer several insured slots payouts worth between $5 million and $50 million. The latter would smash the record for the biggest slots jackpot of all time.
I’m still skeptical on whether these prizes will launch as planned. After all, Hacksaw is proposing to more than double the largest online slots jackpot ever.
Nevertheless, I’ll be watching with vested interest if these games do roll out as planned. Based on Hacksaw’s solid reputation so far, I’m guessing that they will actually offer the $25m and/or $50m payouts at some point.