JeffBet by Matthew Gover |
Date of Publishing: 31 January 2023

5/5 - (7 votes)

What is the highest paying online slot?

What is the highest paying online slot?

There are thousands of slot games in the gambling industry, each one defined by several features. Though reportedly, the highest paying slot currently is called ‘Mega Joker’, created by NetEnt.

Many who play slots are often keen to know the highest paying game because they focus on winning as much as possible. While this approach is not recommended, the Mega Joker slot can provide big wins for players – of course, this is entirely random. 

What is the Mega Joker slot?

A three-reel slot, this was released by NetEnt in 2011 and remains one of the most popular slots on the market today. One of the reasons it is understood to be the highest-paying slot is its RTP (Return-to-Player) rate, which stands at 99%. 

This means that on average, for every £100 wagered, a player, in theory, will receive £99 back, though this averages out over time, based on hundreds of spins. As a result, it is considered to be one of the top highest variance slots on the market. 

Due to it being a traditional slot, there are no overly complicated bonus features, and one of the main elements includes a joker symbol, whereby if you bet 200 coins and land the joker, you could win a mystery prize totalling 2,000 coins. 

At specific sites, you can also apply promotions and welcome bonuses to the Mega Joker slot. You could get up to 25 free spins to use, significantly increasing your chances of winning. 

The nostalgic feel of the slot means that this could appeal more to seasoned slot veterans, who are more attracted by the classic, traditional games that NetEnt have specialised in for so long. 

Some of the biggest wins on Mega Joker

Over the last 12 years, the slot has paid out significant jackpot amounts to a number of individuals, though this should not be the main reason why you play it. Below we look at some of the biggest winners who have played the slot and the payouts.  

In March 2018, a player by the name of ‘Christian G’ from the USA scooped £75,919 playing the Mega Joker slot, with this being the most recent, biggest payout. 

The first ever big payout on the slot came in February 2015, when ‘Bjorn T’ from Norway landed £57,042 playing the slot. 

The highest win, meanwhile, came in March 2017, when an unknown player won $94,269 on Mega Joker. Overall, there have been 12 big Mega Jackpot winners who have reaped the rewards of the high RTP rate

Despite this, the likelihood of landing a huge payout on the slot is considerably low. Although it has not paid out a massive amount to one person for a number of years, it does not mean that it is likely to do so soon. 

There are obviously no guarantees due to the random nature of the slot, and interested players should certainly consider this. 

Should you play high-paying slots?

Just because a slot labels itself as ‘high-paying’ does not necessarily mean you should play it. The chances of landing the big prize immediately, or even after a couple of hours, are slim, and the odds are that you could end up losing more than you can afford to wager. 

The best thing to do is find a slot that is based on a theme that you are interested in – there are many different slots now based on multiple themes. If you find one that appeals, you are more likely to enjoy it more and be able to step away if you see that things are not going your way. 

Adopting the approach of playing high-paying slots can be counter-intuitive because this can lead to you becoming obsessed with landing the jackpot. However, even if you have a small win, this should be regarded as an unexpected bonus due to the truly random nature of the slot. 

It is doubtful that most of the big winners on Mega Jackpot were expecting to win the jackpot, or indeed wagered a lot of money, or spent a lot of time playing. In most cases, the biggest wins in the industry have come from players who have spent a tiny amount or even have won with just one spin. 

While Mega Jackpot might be the highest-paying slot, it doesn’t mean that much in the grand scheme of things. Simply play to enjoy it!

About the Author

Author: Matthew Gover.

After graduating, Matthew began working as an English teacher abroad, initially in Spain and then Vietnam before finally coming back to the UK to settle. Matthew has always had a love for writing and an even bigger love for the igaming industry... Read More

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