How many progressive jackpot wins do Microgaming pay out each month?

How many progressive jackpot wins do Microgaming pay out each month?

Everybody knows that progressive jackpot games are among some of the most popular types of casino entertainments you can play nowadays. Players love the opportunity to wager a small amount of money in the hope that they can potentially earn a huge cash win, and in some cases a life-changing amount of money.

It's a similar premise to why the National Lottery is so popular with so many people, but there is no doubting that slot games, or other progressive jackpot games from Microgaming, are far more fun and interactive ways to try and secure your fortune.

However what people may not understand is just how often a company like Microgaming pays out a big progressive jackpot win. Many assume that they may only pay out a couple a year, others may think that there are several progressive jackpots paid out every day. So, what is the truth of the matter? How often are progressive jackpots paid out by Microgaming?

We decided to find out by reviewing each of the 16 Microgaming progressive jackpot games for the month of April 2018 and collating that data and outlined below is a timeline of all the different progressive jackpot wins for the month of April.

Progressive Jackpots Won in April 2018

  • 1st April - 36,569 - Cash Splash
  • 4th April - 183,047 - Treasure Nile
  • 7th April - 43,627 - Cash Splash
  • 8th April - 83,678 - Treasure Nile
  • 10th April - 29,917 - Lots A Loot
  • 11th April - 46,643 - Cash Splash
  • 12th April - 26,134 - Supa Jax
  • 13th April - 99,222 - Treasure Nile
  • 14th April - 7,559 - Lots A Loot
  • 14th April - 56,125 - Cash Splash
  • 15th April - 1,047,545 - Major Millions
  • 16th April - 24,476 - Cash Splash
  • 19th April - 5,691,921 - Mega Moolah
  • 20th April - 1,778,226 - Mega Moolah
  • 20th April - 57,872 - Cash Splash
  • 24th April - 203,182 - Treasure Nile
  • 24th April - 50,864 - Cash Splash
  • 27th April - 43,343 - Jackpot Deuces
  • 29th April - 152,926 - Treasure Nile
  • 30th April - 57,732 - Cash Splash

So what information can we gleam from this list of progressive jackpot wins? Let's take a look:

A Statistical Analysis

Let's begin by taking a look at the total number of wins across all games for the month of April 2018, as well as looking at the total amount of money Microgaming paid out in progressive jackpot wins during the month:

  • Total Progressive Jackpot Wins - 20
  • Number of Games that paid progressive jackpots in April 2018 - 7 (out of 16)
  • Total Amount of Cash won via progressives in April 2018 - 9,720,608 (in various currencies)
  • Smallest Progressive win - 7,559 - 14th April on the Lots a Loot slot
  • Largest progressive win - 5,691,921 - 19th April on the Mega Moolah slot

What we can gleam from this is that there was a Microgaming progressive jackpot won on 20 occasions during the 30 days of April, meaning that on any day, you had around a 66.6% chance of seeing a progressive jackpot triggered on one of Microgaming's offerings on any given day in the month.

Furthermore, the company paid out over 9.7 million in a number of different currencies to those lucky winners in one month alone. However over two thirds of that total went on paying the two winners of the Mega Moolah progressive jackpot prize on the 19th and 20th April.

The 14th, 20th and 24th April all saw two progressive jackpots won on those days across two different games.

Clearly, Microgaming progressive games pay out very frequently and while they do not average one progressive win per day, they do average better than one win every two days and the net pay out for the company in the month was considerable. All of which is very good news for progressive jackpot hunters.

Now let's take a look at how each of the individual Microgaming progressive games fared in April in terms of number of wins and the amount paid out by each.

Progressive Games Data for April 2018

A total of seven games paid out progressive jackpots from the Microgaming stable in April 2018, which means that nine games did not offer a jackpot payout this month.

Non-Paying Progressives in April

  • Poker Ride
  • Cyberstud Poker
  • Wow Pot Slot
  • Tunzamunni Slot
  • Roulette Royale
  • Caribbean Draw Poker
  • Fruit Fiesta Slot
  • Triple Sevens Blackjack
  • King Cashalot Slot

Of the seven games that did pay out, here's a statistical analysis of how each performed.

Cash Splash Slot

  • Number of Wins - 8
  • Biggest Win - 57,872
  • Smallest Win - 24,476
  • Total Payouts for April 2018 - 373,908
  • Average Win - 46,738
  • Average Hit time for April 2018 - Once per 3.75 days

Treasure Nile Slot

  • Number of Wins - 5
  • Biggest Win - 203,182
  • Smallest Win - 83,678
  • Total Payout for April 2018 - 722,055
  • Average Win - 144,411
  • Average Hit time for April 2018 - Once every 6 days

Mega Moolah Slot

  • Number of Wins - 2
  • Biggest Win - 5,691,921
  • Smallest Win - 1,778,226
  • Total Payout for April 2018 - 8,091,921
  • Average Win - 4,045,960
  • Average Hit time for April 2018 - once every 15 days

Lots A Loot Slot

  • Number of Wins - 2
  • Biggest Win - 29,917
  • Smallest Win - 7,559
  • Total Payout for April 2018 - 37,476
  • Average Win - 18,738
  • Average Hit time for April 2018 - once every 15 days

Major Millions Slot

  • Number of Wins - 1
  • Biggest Win - 1,047,545
  • Smallest Win - 1,047,545
  • Total Payout for April 2018 - 1,047,545
  • Average Win - 1,047,545
  • Average Hit time for April 2018 - once per 30 days

Supa Jax Blackjack

  • Number of Wins - 1
  • Biggest Win - 26,134
  • Smallest Win - 26,134
  • Total Payout for April 2018 - 26,134
  • Average Win - 26,134
  • Average Hit time for April 2018 - once per 30 days

Jackpot Deuces Blackjack

  • Number of Wins - 1
  • Biggest Win - 43,343
  • Smallest Win - 43,343
  • Total Payout for April 2018 - 43,343
  • Average Win - 43,343
  • Average Hit time for April 2018 - once per 30 days

As you can see, there are some games that tend to pay out their progressive jackpots more often compared to others, but interestingly, not all the games that paid out just one progressive prize in April paid out the largest amounts of money. This seems to show that if you 'shop around' and look at which game pays out more often, you can find better opportunities with some games (such as Treasure Nile and Mega Moolah) that pay out larger sums more often.

Conclusion

What we can draw from this analysis of the data is that Microgaming games do pay out their progressive jackpots relatively frequently and that not all the most frequently paid out progressive prizes are the lower value jackpots. This means punters can shop around to pick the games they feel offer them the best opportunity to land a win.

Byline: This article was published by Henry. Claim 150 Chances on Mega Moolah!

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