Fixed Jackpot
A top prize set at a constant value that does not grow with play, unlike a progressive jackpot.
Definition
A fixed jackpot pays a predetermined amount, often expressed as a multiple of the stake, that stays the same no matter how much has been wagered on the game. It contrasts with a progressive jackpot, which grows as players contribute. Fixed jackpots are common in hold-and-win rounds and classic slots, sometimes with several tiers such as mini, minor, major, and grand. Because the value is set in advance, it is fully accounted for in the game's return figures, which still leave a margin for the house over time.
Worked example
Filling every position in a hold-and-win round awards the Grand jackpot worth a fixed 1,000x your stake. Whether that happens on the first day or the thousandth, the prize is the same 1,000x.
Why it matters
For a learner, distinguishing fixed from progressive jackpots clarifies which prizes grow and which do not. For a professional, fixed-jackpot values are a clean, predictable input to the RTP calculation.
Further reading
Authoritative references for slots — regulators, standards bodies and primary sources. Independent, not affiliated.
- Wizard of Odds — Slot Machineswizardofodds.com
- UK Gambling Commission — Remote gambling and software technical standards (RTS)gamblingcommission.gov.uk
- Gaming Laboratories International (GLI) — GLI Standardsgaminglabs.com
Compare with
Often confused with Fixed Jackpot? These head-to-heads spell out the difference and when to use which.
Note: The stake multiple a fixed jackpot pays and the number of tiers vary by game.