The Biggest Slot Jackpot Wins Recorded
With a lot of games, there is the potential to win tens of millions from a single spin. This is the lure of the jackpot games. Below we have included the biggest slot jackpot wins in the world.
Please take note that these are all correct at the time of writing and jackpots can drop and change daily. Keep checking back to this article to see the latest record jackpot wins.
🤑 $39,710,826.36 – A near $40 million win came about in the Excalibur casino Las Vegas, almost 20 years ago in 2003. The winner was said to be aged just 25 and had wagered just $100 on the Megabucks slot machine.
🤑 $34,959,458.56 – This almost $35 million was, at the time, the biggest jackpot win in the world. Again, it came from another casino on the Las Vegas strip, but this time it was the Desert Inn, now the Wynn Casino. Cynthia Jay Brennen, a former waitress, was the lucky recipient.
🤑 $24 Million – The biggest online win came about on the Mega Fortune slot, where a professional poker player from Finland was passing the time in between poker matches. What’s even more remarkable is that the win came from a single 25c spin.
🤑 $21 Million – The oldest jackpot winner in our list was that of a 92-year-old veteran, who picked up this staggering win on the Megabucks game. What’s even more incredible is that winner, Elmer Sherwin, had won $4.6 million on the same game 12 years prior!
🤑 $18 Million – The online sector strikes again with another massive win, this time coming from a British soldier. It came from another single 25c spin before seeing the jackpot on the Mega Moolah game start to drop.
Slot Games with the Biggest Jackpots
The jackpot games for online slots are one of the biggest sectors of the online casino industry. As a result, the volume of games that you can now play on and win serious sums of money is huge.
However, some games are simply able to offer jackpots and prizes like no other. Below we have listed the top highest paying jackpot games in the world right now. As ever, this information is correct at the time of writing.
Network Jackpots v Fixed Jackpots
There are two types of jackpots that we’ve touched on earlier in the article and these are network and fixed jackpots. They both play an important role in online slots, but they both work very differently.
A fixed jackpot is one that is linked to that game or even that casino. This means that the jackpot is fixed throughout the game and you know exactly what you are set to win should you trigger the jackpot.
A network jackpot is a sum of money that is linked over the network and not just the casino. This may mean that 10 casinos each host the same game, but instead of that jackpot being dedicated by the casino, it’s instead dictated by the network. Often you find these games have much bigger jackpots as a result of more people playing.
One of the best examples of this when you look at progressive jackpots. These are games where the amount of the jackpot is dictated by the amount of money that players contribute to the pot.
For example, a progressive game may state that 10% of every bet gets put into the pot. So, if you wagered €1 a spin, then 10c of that would go into the jackpot. The more bets that are made, the bigger the jackpots.
These games are linked across a network, so it means that players from a multitude of casinos that are playing the same game all contribute to the same jackpot. As you can imagine, the numbers start to stack up here and this is why progressive jackpot games are the biggest and most popular for any online casino.
Jackpot Slots Conclusion – What to Know Before You Play
One of the main things to note about jackpot slots is that there is no rhyme or reason as to when a jackpot will drop. It’s random, which means that it’s as likely to drop in consecutive spins as it is once every 1,000,000 spins.
You also need to be aware of the volatility of the games. This is the frequency that these games payout.
Compared to most slots, jackpot games are often what are classed from mid to high in terms of volatility. To put this simply, it means that they pay out less frequently than most slots, but higher amounts when these wins eventually come.
The games are heavily stacked around the lure of winning the jackpot. In terms of gameplay and even RTP rates, they are pretty poor. But unlike other slots, they give you a chance of winning life-changing sums of money, which is the trade-off with most jackpot games, especially progressive ones.