The odds of winning a progressive jackpot are extremely slim. Slots RTP only refers to the average payback of the game overall. For example, a 98% RTP only means the slot pays back $98 for every $100 wagered across millions of spins.
The exact odds of winning a progressive jackpot ranges depending on the game. But, in general, the odds of winning are about 1 in 75 million.
However, the odds of winning the Powerball are 1 in 292.2 million, and the odds of winning Mega Millions are 1 in 302.6 million. So, compared to the online lottery, progressive jackpots are much more likely – although still highly rare.
