New Jersey has become the latest state to authorize multi-state progressive jackpots. The states’ Division of Gaming Enforcement has authorized a wide-area progressive slot jackpot system involving New Jersey and other jurisdictions.
Called “Powerbucks,” the system will be supplied by slot-maker International Game Technology.
The DGE’s announcement said that “several states” have indicated interest in participating in the multi-state jackpot, but identified only South Dakota. Nevada recently authorized links between jackpots in its state and other states. The goal of the systems is to create jackpots similar to those offered by multi-state lotteries, such as Powerball and MegaMillions.
“I commend the staff of the Division and IGT for their efforts in establishing a system for the first Powerball-type slot machines through interstate slot play,” said DGE Director David Rebuck. “This is an exciting time for New Jersey, as we expand the gaming opportunities available in the Atlantic City casinos. We hope to now see even larger progressive jackpots with the links to wide-area progressives in other states. With competition from surrounding states, the increase in slot machine jackpots will make Atlantic City more appealing to players.”
“IGT’s Powerbucks completely transforms the jackpot experience—creating more winners, more frequently,” added Joe Sigrist, IGT’s vice president of game development and global product management. “Imagine the excitement of progressive game play across multiple states, watching the jackpot build as players in the hottest casinos are joined together in their quest for the big win.
“Powerbucks expands possibilities for both casinos and players, and as IGT continues to lead and transform gaming entertainment, we applaud the gaming industry for advancing the slot experience.”
The system will not be available in Delaware, New York or Pennsylvania. The odds of winning: 150 million to 1.
