A progressive jackpot is a jackpot (a gambling grand prize or payout) which increases each time the game is played but the jackpot is not won.When the progressive jackpot is won, the jackpot for the next play is reset to a predetermined value, and resumes increasing under the same rule.Many slot machines and video poker machines feature a progressive jackpot.The jackpot increases by a small predetermined amount each time the game is played.Often multiple machines are pooled or linked together to form a larger progressive jackpot which grows more quickly because more non-winning plays can be counted toward it. After each drawing in which the jackpot is not won, a large amount of money is "carried forward" to the jackpot for next drawing.The amount of the jackpot increases by a small amount for every play on any connected machine.The amount by which the jackpot advances is set by the casino ("the house").A machine offering a progressive jackpot usually displays the amount of the jackpot, rather boldly, to attract players.After a player wins the jackpot, the jackpot resets to a preset minimum level.For example, on a machine whose house edge is 5%, a generous jackpot contribution might be 1% (one fifth of the expected profit).The house is prepared to contribute some of the profit of a jackpot linked machine because players are attracted by the: Usually the progressive jackpot is only offered to players who wager the maximum number of credits per play.All wagers, whether or not they are maximum-credit bets, contribute to the jackpot.As a result, a game which requires a 10-credit wager to qualify for the progressive jackpot tends to have its progressive jackpot rise to higher levels (relative to its break-even level) than a game that requires only a 5-credit wager to qualify.Usually the jackpot can only be won by winning the combination with the highest payoff, e.g.A royal flush at a video poker game, or five of the most valuable symbols (lemons, cherries, alligators, etc.) on a slot machine.In some games such as video poker, blackjack, or Caribbean stud poker, it is possible to compute an optimal playing strategy based on the average payoff (the amount of payoff times the chance of payoff).
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