Microgaming online casino software is well known for hosting the largest wide-area progressive jackpots on the Web. One of their most popular progressive video slots, King Cashalot, recently surpassed the $1 million jackpot mark, and continues to grow at a staggering pace. The jackpot is now over $1,200,000, which could end up being one of the largest jackpots to be won online if a single player hits the max payout. King Cashalot currently holds the largest jackpot on record for $1,427,369 that was taken home by a lucky player at Roxy Palace Casino.

The King Cashalot game is a video slot machine with five reels and nine paylines. With a fixed stake size of $.05 per coin, and a max bet of five coins per payline, the maximum wager at King Cashalot is only $2.25, which is very reasonable for progressive video slots. This is precisely what makes King Cashalot so popular with players. It offers some of the largest jackpots on the Web without putting extensive strain on individual bankrolls. Considering the full jackpot can only be won if the maximum bet is made, this is exactly what most players are doing, thus increasing the likelihood that one player will take home the entire jackpot and become a millionaire.

King Cashalot comes with a wild, multiplier and scatter symbol - and also offers a bonus game. The King symbol is the most desirous for it serves as the wild and multiplier symbol. It will substitute for any other symbol aside from the Jester when completing scatter winning combinations and the Dragon when triggering the bonus game. As a scatter symbol, the Jester can appear on paylines that have not been engaged and still trigger winnings. Three dragon symbols scattered on the second, third and fourth paylines activate the Treasure bonus game on King Cashalot. The King symbol will double every payout of any winning symbol combination it completes, while five King symbols on the ninth payline will trigger the maximum jackpot.

Several Microgaming online casinos are in the running for being host of the latest jackpot winner at King Cashalot. The Belle Rock Entertainment suite of online casinos, which includes River Belle Casino, have been very active this past week - awarding four large progressive jackpots. The largest of these were won playing the Cash Splash progressive video slots (a jackpot of £20,749) and the LotsaLoot progressive slot, which returned a jackpot of €24,923.