6 Online Slot Game Pays The Most (Latest Update)

The question that has been at the back of every online slot game player’s mind is, what online slot game pays the most in 2024? It’s about this: the golden ticket for which every slot enthusiast is in search. This simply suggests that striking it big, after which one departs with a fat jackpot, is an ever-constant principle in the rotators of the reels. But discerning which slot game gives you the best chance to win isn’t that simple, either.

Throughout this guide, we will consider a look at which online slot games boast the highest payout, what to consider when you go to choose your eventual game, and how you can work towards the chance of a significant win. Once you have read through this article, you will have a much better idea of which games to play and what to look out for while spinning those reels.

Understanding Slot Game Payouts

Before describing specific games, it is necessary to understand how slot payouts work. The two main factors that affect the payout when it comes to playing slots are RTP and volatility.

Return to Player (RTP): The percentage of investment that a certain slot game returns to the players in due time. For example, if the RTP is 96%, then for every $100 wagered, a game should theoretically return $96 back to the players. The higher the RTP, the better the payout over the long run.

Volatility: This determines how frequent and how much a particular game pays out. A high volatility game means fewer wins, but its potential big payoffs are very high. A low volatility game offers more frequent payoffs, although usually somewhat small in size.

When looking for online slot games that pay the most, there is a need to balance these two factors based on your playing style and bankroll.

Top High-Payout Online Slot Games

Below are some updated of the most popular online slot games which are known for having high payouts of:

Mega Moolah

Often referred to as the “Millionaire Maker,” Mega Moolah is one of the most popular progressive jackpot slots in the world. Created by the development powerhouse of Microgaming, this African safari-themed slot has often been in the news for paying out record-breaking amounts and has, on one occasion, paid out a ground-shaking amount to a player in excess of €18 million from a single spin. Mega Moolah has different types of jackpots such as Mini, Minor, Major, and Mega; its Mega jackpot often reaches life-changing sums of money.

RTP: 88.12% (low, but makes up for it with enormous jackpot potential)
Volatility: High

Mega Fortune

Mega Fortune is another progressive jackpot game from NetEnt, which has made several ordinary players millionaires. The theme of this game is sleek and luxurious, with yachts, diamonds, and champagne. It also boasts a multi-level jackpot system, much like its counterparts. A recorded huge online slot payout of €17.8 million holds the record on Mega Fortune.

RTP: 96%
Volatility: Medium

Book of Dead

Book of Dead by Play’n GO takes the punters deep into ancient Egypt on an action-packed online slot. This variance game is well-paying, particularly with its bonus rounds and expanding symbols that could lead to massive wins. Well, this slot might not be a progressive jackpot, but it has the serious possibility of winning.

RTP: 96.21%
Volatility: High

Gonzo’s Quest

Another fan favorite from NetEnt, Gonzo’s Quest is an innovative slot with cascading reels that multiply after every consecutive win. The lack of a progressive jackpot is somewhat limited, but the multiplier potential this game has makes it one of the prime candidates for anyone who is looking to land huge hits.

RTP: 95.97%
Volatility: Medium-High

Dead or Alive 2

If huge payouts are what you’re after, then Dead or Alive 2 might be the game for you. This wild west-themed slot from NetEnt boasts some of the most generous multipliers around and is often included among the highest variance slots to have ever been created. Players do have a chance of hitting big due to the free spin feature that leads to very big rewards thanks to the sticky wilds and increasing multipliers.

RTP: 96.82%
Volatility: High

Divine Fortune

Divine Fortune also made a stir in jackpot prizes, being yet another progressive slot by NetEnt. The slot takes on the theme of the great Greek mythology and features a local jackpot that resets when it pays out a big win. While the jackpot isn’t as high as those in Mega Moolah or Mega Fortune, it’s nonetheless considerable.

RTP: 96.59%
Volatility: Medium

Additional Tips: How to Choose the Best Paying Slot Game

Not all the factors to consider when trying to find the very best online slot game that pays more, are confined to just RTP and volatility.

Progressive Jackpots

Some progressive jackpots, like those in Mega Moolah and Mega Fortune, reach into the millions of dollars. Learn more about what triggers a jackpot on a slot machine if you really want to know. Okay, let’s move back to the topic. In these games, a portion of all players’ wagers goes into an ever-increasing pot that eventually pays out to one individual player. The negative is that such games often come with substantially lower RTPs, but the rewards are incredibly big.

Bonus Features

Free spins, multipliers, and bonus rounds are all plus points in slot games. These features can make it more possible for you to get a big win, which would especially be through a multiplier mechanic in the game.

Understand the game mechanics

Games like Gonzo’s Quest have special mechanics that will, combined with the free spins, create an effect of boosting your winning with each bonus round that happens.

Get Researching on the Size of the Jackpot

If you are after a progressive jackpot, first check the current size of the jackpot before playing. Some of these games have minimum thresholds for their jackpots, and playing when the jackpot is huge will increase your potential return.

Choose the Right Volatility to Suit Your Playstyle

If you’re playing for fun and prefer more frequent, smaller wins, then a low or medium volatility game is what you want. But if you chase those big pays and can withstand dry spells, then high volatility slots are perhaps better suited to your taste.

Our Final Conclusion

So, which is the highest-paying online slot game? Well, the ultimate answer would vary, but progressive jackpot slots are normally known for doling out millions to lucky players. If you are one of those who want consistency, then high RTP slots, such as Book of Dead or Dead or Alive 2, do have excellent opportunities to win big with the help of bonus features and multipliers.

At the end of it all, the question is what online slot game pays the most based on what you want: giant, life-altering jackpots or frequent payouts. By learning about RTP, volatility, and mechanics of games, you can make an intelligent decision and perhaps increase your chances of coming out as a winner. Good luck, and may the reels be ever in your favor!

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