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Usage area

This is a common term, widely used in different spheres of the gambling business. It is used in casinos, lotteries, bingo, and other industry. 

Description

Jackpot – the maximum prize that can be obtained in gambling game.

The jackpot can be fixed when at stake a certain amount, or progressive, when its size is constantly increasing at the expense of deductions from bets of players.

Progressive jackpots are most common in online casinos played on video slots, although there are also video poker, blackjack, poker and other games of chance with accumulative amounts. 

Very often the jackpot is called the largest payout, which is charged on a General basis. Also, the term can be used figuratively, denoting a big win.

Related terms

Progressive jackpot a progressive jackpot 

Denis Anipchenko
Denis Anipchenko
Editor-in-chief and online gambling expert

Denis is a true professional with many years of experience in the gambling industry. His career started back in the late nineties when he worked as a croupier, pit boss, manager and casino manager. This unique experience allowed him to deeply understand the world of gambling from the inside. Since the late noughties Denis has dedicated himself to writing articles and analyses about gambling, and since the early tens he has become a key figure in the Casinoz team. Here he not only writes and edits content, but also creates reviews, shares his expertise and helps readers understand the intricacies of gambling. Denis combines practical experience and in-depth knowledge, making him one of the most respected experts in the industry. His writings are always up-to-date, proven and useful information for anyone interested in the casino world.

An expert in:
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Facts checked Alex Vasilev Scientific editor and fact checker
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