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The best progressive jackpot video slots online 2020

Many players will argue that there is no point in chasing free spins features or pick-me bonuses in online video slots unless they are attached to a progressive jackpot and given the history of epic wins over the years, it’s really hard to come up with any valid counterarguments.

It’s pretty easy to overlook slots that promise a maximum payout of 50,000x when there are progressive jackpots in the millions out there, just waiting to change the life of one lucky player. Sounds too good to be true? Ask any of the seven millionaires created in the first seven months of 2020, and they will disagree with you.

Let’s take a look at the best jackpot slot machine games in 2020 and how far we’ve come since the release of the progressive jackpot slot that would change the future of online gambling, and what could be lying ahead.

Biggest online jackpot win in 2020

Already in January 2020, Mega Moolah from Microgaming’s progressive jackpot network paid out €14,239,532.84. To date it’s the biggest jackpot ever won in Sweden at an online casino.

But this is not to say that there haven’t been other noteworthy wins this year. Here’s a list of some of the biggest paying jackpots in 2020:

  1. Mega Moolah, €14.2 million, January
  2. Mega Moolah, €10.7 million, April
  3. Atlantean Treasures Mega Moolah, €7.8 million, May
  4. Empire Fortune, €4.2 million, May
  5. Mega Fortune, €2.6 million, June

Still, these wins are only the tip of the iceberg. It’s safe to say that when the bell tolls on December 31 to ring in 2021, progressive jackpots will have paid out hundreds of millions during 2020.

The emergence of progressive jackpots

To understand where we’re going, it’s paramount to know where we’ve been. Back in 2006, Microgaming had been in business for 12 years, but it was that year’s release of Mega Moolah that would propel the company into the stratosphere. If there would be a Hall of Fame for online slots, Mega Moolah would be its first admission.

By comparison to today’s video slots, Mega Moolah is very modest looking to say the least. But this doesn’t take away from the fact that it’s probably one of the most played online slots of all times.

A couple of years later, in 2008, NetEnt unveiled its progressive jackpot slot Mega Fortune, and the two slots have been competing ever since. Still, Microgaming is far ahead in that race with a total of more than €1.2 billion paid out from its jackpot network.

The future of progressive jackpot slots

Microgaming has introduced the world to Wowpot slots, which are essentially progressive jackpot slots that start from €2 million. But is this enough to satisfy the demand for life-changing wins from online slots for real money? Hardly.

It’s possible that game providers like Microgaming, NetEnt, and Yggdrasil consolidate their progressive jackpot networks.

This could put these companies in a position to rival state lotteries and consistently pay out jackpots of over €20 million, which is currently the next barrier to break.