What slot machine pays out the most?

The slots that pay out the most are determined by the idea of the return to player percentage, known as RTP for short. If you have a 98 percent RTP, for example, then you’ll average winnings of $98 for every $100 that you play. Therefore, finding the slot machine that pays out the most is based on finding the games with the highest RTP. If we are talking about the highest payout from slot machines money wise, the highest paying slots are progressive jackpot machines such as Mega Fortune and Mega Moolah.

The Largest Individual Payouts Available Today

There are a number of progressive slots that have a starting value for their jackpot of $1 million. Mega Fortune by NetEnt and Mega Moolah by Microgaming are two good examples of this. Their progressives have both broken into the eight-figure range at times, and they have traded the world record for the online slot machine with the largest payout in history back and forth for a while now. With wins in the currency equivalent range of $15 million to $20 million on a single spin, it’s easy to see why these games are so popular.

With that having been said, these games might not always be the best option in terms of average payout, and we’ll show you why.

highest paying slot machines online

How the RTP of Progressive Slots is Determined

The RTP of progressive slots is determined in two parts. The first part is the RTP of the base game without the jackpot included, and that’s usually somewhere in the range of 90 to 95 percent. You never want to play a progressive jackpot game that doesn’t have the progressive itself activated for this exact reason: The RTP is horribly low.

The rest of the RTP is determined by the size of the progressive jackpot, and because the jackpot itself fluctuates, the total RTP of the slot itself fluctuates. However, if you know the value of the RTP for the seed value (or starting amount) for the progressive, then you have all of the information that you need to find the total RTP at any point in time.

An Instructive Example

For example, suppose we have a progressive jackpot slot with a base RTP of 92 percent without the jackpot. The progressive jackpot starts at $100,000 and is worth an additional 2 percent of RTP. This would put the starting amount for the RTP at 94 percent, and if the jackpot got to $200,000, that would boost it to 96 percent accordingly. What you need to realize here is that once the jackpot got up to the $300,000 level, the payout rate would be 98 percent, and at $350,000, it would be 99 percent.

At the $400,000 level, the total RTP of the progressive slot would be 100 percent, and anything over that would make playing it profitable, on average, for the players.

Progressive Jackpot Tracking Strategy

A simple method to find the progressive slots with the best RTP percentages is to make a basic spreadsheet that lists the name of your favorite five to ten games and the base value (or seed value) of the progressive jackpot for each. Then when you start your session, you can make a quick list of the current jackpot values for each of those games, and you’ll get a quick look at which jackpot is the largest relative to its starting value. This can be very valuable information when it comes to deciding on which game to play in terms of getting the best slot payouts possible.