Progressive jackpots offer players the opportunity to win life-changing sums of money for a small stake. They're occasionally an option in online poker games, but by far the most common place they're found is in online slots.
Online video slots are games of chance that offer players the opportunity to win cash for lining up matching symbols as they spin a wheel. These games pay out fixed amounts fairly regularly. But progressive jackpot games feature an additional potential win, with prize money often reaching five, six or even seven-figure sums.
In an ordinary slot game, when and how much it pays out depends on a single machine. But a progressive jackpot works by having a number of people playing within a network of connected games. Each time a player spins, a small percentage of their stake is added to a collective jackpot, which could be won by any player once the amount reaches a certain threshold. With potentially millions of people contributing to the jackpot with every wager, the prize pot becomes extremely large. Eventually, one random player will win the whole amount and the prize pot will start building up again from a pre-set minimum amount.
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