Big Wins – Lottery or Progressive Slots?

A Mega Moolah progressive jackpot of $6,179,526 can potentially pay out this very second as I’m writing this article. For every word I type, the $ increases. The thought of it makes you shiver. But what’s worse, I know it’s there but I won’t have a chance since I”m not playing. I’m writing this article.

Having my own blog is a lot of fun but it won’t make me a millionaire in a second. Most of us have probably played with the thought of winning big and why not, who wouldn’t want to win a $10 million jackpot on a slot game? Or $2 million on the lottery? A win like that is a life-changer and in theory we all have an equal chance as these games are entirely based on luck. There are several types of games that potentially can pay out very large jackpots. Lottery tickets are probably known to most people but surprisingly not everyone has heard of “Progressive Jackpot Slots” and are unaware of the better odds on these games compared to the lottery. Progressive slots are played at casinos, it’s a simple game based on the “old” fruit machine and the only difference between a regular “slot game” and a “progressive slot”, is the size of the potential win.

Now you may ask why the win gets so big. Well, the jackpot on a “Progressive Slots Game” is growing by ever wager players around the world do on the game until the jackpot explodes” and pays out. As these games are very popular and globally available, the jackpot can become enormous! The high jackpot is the main reason for why these games are so popular but the truth is that there is something about progressive jackpots that just makes playing them so much better than other types of online casino games. To start with, many gamers are all chatting amongst each other through chat boxes next to the slots, which gives a nice community feel about them. On top of that, each time you spin the reels there is that dangling carrot of an absolutely huge jackpot. This could be tens of thousands or even millions depending on the games that you play, but there is much more to progressives than just the available jackpot.

I’ve picked out some of the most exciting progressive jackpots available at online casinos in 2020, so please read on and feast your eyes on what these games have in store.

1. Mega Moolah

This is the Granddaddy of them all! Mega Moolah constantly redefines the definition of “big” jackpot and the game offers some of the best action available when it comes to progressive jackpots. Mega moolah has been designed by the hugely successful software provider, Microgaming, and it is one of the most widely available progressive slots in the entire nation. You can simply sit back and watch as a range of exotic animals and symbols whizz through the reels, and for every spin that doesn’t result in a jackpot, the enormous potential payout will just keep rising.

The biggest wins in the world on slot machines are from this game and the jackpot continues to grow as more people play and contribute to the prize pot. The game pays out several jackpots per year, every year, but May of this year was insane. On the 8th of May, 2020 a player in New Zealand won NZ$ 13.6 million! This win was the second jackpot above $10 million paid out in 2020. On the 24th of the same month (!) it paid out $9.9 million and a few days later, on the 27th of May, another $4.5 million! As I write this article less than a month since it paid out the last time, the jackpot is already above $6 million and still ticking.

Mega Moolah is a 5 reel and 25 payline slot, and the RTP for this game is approximately 94%, so even if you don’t land that huge jackpot, you should still get a series of small wins. Besides the jackpot on offer, you can also lock in some free spins which are triggered by 3 scatter wilds, and there are also additional multipliers for certain symbol combinations. All in all, it’s one of the most loved progressives on the market today, and deservedly so!

2. Cleopatra Mega Jackpots

She may have been described as one of the most breathtaking women to ever grace the Egyptian Kingdoms, but now her legacy has evolved into both an online casino (Cleopatra Casino) and a progressive jackpot game. The slot game has come from the library of IGT, which is also one of the most renowned software providers on the market today. This in itself speaks for the quality of this game, but let’s look at some of the key features.

The RTP for this game is lower overall, as it is just under 89%, and there are 5 reels along with 20 pay lines. At first glance, it would appear that the Cleopatra Mega Jackpots isn’t all that rewarding if you only consider the RTP, but it’s worth noting that you can get up to 180 free spins on this game. There are also in-game rewards including Mega Jackpots and other bonus symbols, as well as some rather cool ancient Egyptian symbols like the Scarab and Sphinx, and even Cleopatra herself.

3. Beach Life

Beach Life is a more relaxed progressive jackpot that has been produced by Playtech, which is another industry leader when it comes to online casino games. In this game, you will see more soft and welcoming symbols spinning through the reels such as popsicles and surfers, but the rewards available here are anything but relaxing. They are enough to make anybody get excited, and with an RTP of 93% along with 5 reels and 20 pay lines, Beach Life has a lot to offer.

This is one of the few progressives that actually has an in-game animated bonus too, where you can pick out random treasure chests that will add a multiplier to your winnings. On top of this, Beach Life has scatter wilds to increase your chances of winning, and it has been known to drop jackpots into the millions of dollars. We have a feeling that the Beach Life game won’t feel all that relaxing once you realize this is what’s potentially available!

4. Gladiator

Gladiator is one of our favorite progressive jackpot games in 2020. This game takes you on a journey back to Ancient Rome and the Colosseum, and the theme tune, as well as in-game sounds, are what really makes this game pop. This awesome game was designed by Playtech, and there are 25 pay lines spread over 5 reels, as well as a stated RTP of just above 91.5%. This is respectable for a progressive jackpot.

There is also an in-game bonus here that coincides with some formidable characters from the hit-movie, Gladiator, not to mention the swords and shields of the Colosseum dictating your fate with every spin. It’s an all-time classic really, and it deserves its place as one of the best progressives in 2020.

5. Cash Splash

The jackpot on this game doesn’t reach the high amounts we see on Mega Moolah but the game is frequently paying out jackpots of around $20, 000 and most of us would be very happy for a win of this size.

So what are the odds of actually winning a jackpot on a game like this compared to the lottery? These five progressive slots games are only a small selection with wins between $10 million up to hundreds of millions. The estimated chance to win a jackpot on these types of games is calculated to 1 in 50 million. This can be compared to the odds of winning a jackpot on the lottery, US Mega Million Lottery 1 in 259 million, The Oz Lotto in Australia 1 in 45 million, and the Italian Lottery with 1 in 623 million. The odds of winning may seem low when looked at like this and this is usually the reason why some people never try their luck on lottery tickets, or play progressive slots. Low odds or not, these games, both slots and lottery tickets, pay out lots of money to real people every month and they are completely based on luck. One time spinning the wheels may be enough – you never know! But one thing is for sure, if you never try, the jackpot dream will never be more than a dream.