It is often said about a lucky person that he “hit the jackpot”, and what to say about a lucky person who managed to win the jackpot by playing at an online casino like megamoolah website. Not all slots imply such an opportunity. So how can you become a millionaire with the help of an online gambling site?

What are jackpots and what are they?

Many fans of gambling entertainment wonder how to break the jackpot. The jackpot is the biggest winnings that can periodically fall to individual players with a random probability.

Important! The prize fund in the online casino is formed in the course of substitution of funds of the institution with the clients’ money.

Amounts are deducted as a percentage of the bets lost or of their total number, at the expense of which the final winnings are increased. In this case, the bank is constantly growing due to the automation of its replenishment process. The institution also remains in the black and can lose their money only if the jackpots are won several times in a row.

There are several types of jackpots:

• Fixed, the size of which is determined by the rules of the game and does not change. Most often found in slots;
• progressive, in which the bank is formed by deductions from each bet. Chances of getting a prize increase when making large bets;
• Secret, which involves determining the size of the payout during the drawing;
• Double Trigger – jackpot format, in which the payout can be obtained in a bonus game. However, the size of the super prize is not known in advance.

Door Prize – every thousandth or millionth client of the gambling hall can win.

Maximum winning – jackpot, possible in many slot machines, lotteries and other games of gambling orientation.

What to do if I hit the jackpot?

When you win the jackpot, especially if it is a large one, the player usually gets part of the amount in hand, and part of it may be paid in monthly interest. In this case, a significant amount will go to the tax office. In some cases, the winnings can still be paid in full. Money is withdrawn from the account within the allowable limit, using the payment services on the site.

Important! If a player is lucky and manages to win a large sum of money, experts in the fight against gaming addiction advise not to succumb to temptation and not to get into the excitement.

With the emergence of additional funds in many gamers desire to play for a large, that eventually often leads to losses. According to statistics, most lucky people overestimate their financial capabilities after receiving the money, which is fraught with unforeseen expenditures.

Jackpot history

The term jackpot itself came to the forefront in the second half of the 19th century. It appeared among poker players by combining the words jack and pot. If no player had two jacks in a hand, the pot was not drawn with the full amount, but only a part of it, and the rest was left on the line.

Thus, the size of the pot was constantly increasing until the combination of jacks found its lucky owner. He would take all the money.

Nowadays, the term jackpot in the casino went beyond poker, but its essence has not changed globally. From each game and each bet a certain percentage goes to the formation of the jackpot. Whoever gets the casino jackpot takes the maximum winnings.

The jackpot in online casinos is actually a prize fund, formed from a percentage of the organizers’ earnings. And at the same time it is the main goal of every player, regardless of experience and gaming skills.