![]() How are Progressive Jackpots Paid?ĭepending on the software provider, and the casino offering the game, they may pay out the progressive jackpot in one lump sum, or in instalments. Progressive jackpots become much more attractive once they’ve built up over time. Statistically speaking, a progressive jackpot is just as likely to pay out immediately after resetting as it is after accumulating for months without paying out. Part of the percentage contributed from every bet reloads the base jackpot to ensure that the money is available to pay out the base jackpot after a reset, and once replenished, the taken percentage adds completely to the climbing jackpot. It begins at this minimum jackpot and with every bet placed, the house adds a fraction of that bet to the progressive jackpot. After someone wins a progressive jackpot, the jackpot resets to this base value. Progressive jackpots have a base jackpot or minimum jackpot from which they grow. Once again, online slots have created new opportunities, and it is possible to have a progressive jackpot networked across multiple venues that feature games from the same provider.
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