One lucky winner in New Jersey will not only come into some life-changing winnings, but they will also become the biggest jackpot winner in the near-11-year history of NJ online casinos.
Actually, they’ll become the biggest jackpot winner in the history of legal iGaming in the United States.
As of Monday, BetMGM Online Casino features a progressive jackpot of over $6.2 million on its “The Big One” selection of slot titles.
Putting $6.2 million jackpot at BetMGM into perspective
Indeed, BetMGM Online Casino NJ will be on the hook for quite a paycheck soon.
Just how big?
Since online casinos in New Jersey launched in November 2013, iGaming has generated over $8.5 billion in gross gaming revenue, including June’s total of $186.8 million.
To put some perspective on Monday’s progressive jackpot total: The $6.2 million payout would represent about 3% of total revenue reported by NJ online casinos in June. What’s more, it would stand as more than 22 of the 30 operators that reported figures that month.
According to a report of jackpots over $50,000 from the New Jersey Division of Gaming Enforcement, as of Aug. 1, the previous 36 payouts totaled some $6.27 million, dating back to July 20. And that includes a whopping $2.4 million jackpot at DraftKings Casino.
No operator in the history of online casinos will have awarded a jackpot of this magnitude. The current (and soon to be previous) record sits at $3.5 million, won by a user playing MGM Grand Millions in 2021.
Quick refresher on how progressive jackpots in NJ work
It should come as no surprise that progressive jackpot slots in NJ stand as one of the more popular games among online casino players.
With progressive jackpots, slot titles are all part of one large pot. Each time a player places a wager on one of those games, a percentage of that money is added to the purse.
Until a player triggers the jackpot, the pool continues to increase.
All it takes is one wager. Sometimes, even just $10, like that $3.5 million winner in 2021.
As that online casino player put it: “I just knew it had to hit soon.”
“I thought ‘someone is going to hit it, maybe it could be me.’ On the night I won, all it took was a $10 spin. One second later, I became a millionaire – thanks to BetMGM – and my life has changed forever.”
