If you open the site of any real money online casino, you are likely to see hundreds of slots. That’s the most popular category of casino games, so all operators are doing their best to add more and more titles that vary in terms of gameplay, themes, and many other factors.

Picking a slot game that’s fun to play and looks good is important, of course, but many players ignore another crucial aspect. Each game comes with a different Return to Player, or RTP percentage. That number determines what percentage of the wagers is returned as prizes. The higher it is, the most generous a slot machine is.

Amaya slots are by far and away the worst slot machines for payouts with a 92% RTP average (more on that later). NetEnt make the most player friendly slot games averaging a 96.51% payout percentage. The majority of companies are within 1% of each other setting an online industry standard of about 95% for slot payouts. Ugga Bugga Slot - 99.07% RTP. We’re starting off the list with the best payout slot machine, which has an RTP of 99.07% - Ugga Bugga Slot. We’re talking about the highest RTP slot in our selection that runs on the Playtech software platform. Penny slots are at the foundation of modern gambling. Penny slot machines have been the most popular ones in the United States for decades. People would pay their buy-ins with nickels and hope.

If you want to improve your chances to win, as well as increase the value of all bonuses and promotions you are clearing, you should stick to the high RTP slots at online casinos. They can be a bit hard to find, so I decided to give you a hand.

I have assembled a list of some of the highest payout slot machines in 2020. These high paying online slots have the lowest house edge possible and reward players handsomely. Let’s take a look.

Good Girl, Bad Girl – Highest Payout Slot for US Players

• Theme: Angels and devils
• Sub-Category: Video slots, Progressive slots
• Developer: Betsoft
• Casino: Wild Casino
• RTP: 97.79%

Let’s begin the list of highest payout online slots with Good Girl, Bad Girl. The game was produced by Betsoft and comes with the exceptional RTP of almost 98%. In comparison, most slots out there only return about 92-93% of the wagers, and 95% is considered decent.

The high RTP is not the only advantage of Good Girl, Bad Girl. The game features various mechanics like wilds, scatters, free spins, and even a progressive jackpot.

If you add the nice graphics and animations, it’s easy to see why I decided to include this title. The best news is that Good Girl, Bad Girl is available at Wild Casino, which makes it one of the highest paying slots for US players in 2020.

You can join the casino and see for yourself right now.

Cleopatra’s Gold – One of the Highest Paying Mobile Slots

• Theme: Ancient Egypt
• Sub-Category: Video slots, Progressive slots
• Developer: Realtime Gaming
• Casino: Bovada Casino
• RTP: 95-97.5%

Another excellent option for people looking for the highest paying slot machines in 2020 is Cleopatra’s Gold. The game was developed by Realtime Gaming and has a classic Ancient Egypt theme revolving around the famous Cleopatra.

The return to player can reach 97.5%, which beats almost any other real money slot in terms of generosity. Cleopatra’s Gold is fun to play, too, as it includes wilds, scatters, free spins, and a progressive jackpot.

While the graphics are not the prettiest compared to some other top mobile slots, this is one of the slots with the best payouts available on the go, so I can live with that.

If you can too, you should try Cleopatra’s Gold at Bovada Casino, which is open to players from various countries, including the USA.

Dr Watts Up Slot – Entertaining With High RTP

• Theme: Nutty doctor
• Sub-Category: Video slots
• Developer: Microgaming
• Casino: Betway Casino
• RTP: 97.05%

If you want to combine fun with high payouts, you should most certainly try Dr Watts Up. This Microgaming game returns 97.05% of all bets to the players in the form of rewards and provides endless entertainment through the bonus games and special symbols included.

There are also multipliers and free spins, a large jackpot that could go up to 48,000 coins, and a lot more to experience. Dr Watts Up comes with flexible limits, so it’s a good choice for all kinds of players.

You can find the game in plenty of online casinos, but I recommend you pick Betway Casino. It’s one of the best out there in terms of games, bonuses, and player safety.

Pay Dirt – High Payout Slot With Low Stakes

• Theme: The Gold Rush
• Sub-Category: Video slots, Progressive slots
• Developer: Realtime Gaming
• Casino: El Royale Casino
• RTP: 95-97.5%

Some people think that the highest payout slots online require large bets. That’s not really the case, as many games with at least solid RTP work with small stakes, and Pay Dirt is the best example among them.

This Realtime Gaming product is available to everyone because the lowest coin value is $0.01, and there are only 25 paylines. That means you can cover them all with a stake of $0.25 or even go for one only for $0.01, which is pretty much as low as it gets for video slots in 2020.

A bankroll of 10 or 20 bucks will be more than enough to enjoy Pay Dirt. The slot has a progressive jackpot, free spins feature, wilds, and scatters, so it provides plenty of exciting moments, too.

You can see for yourself by joining El Royale Casino, one of the best online that offer Pay Dirt in 2020.

Inferno Star – One of the Highest Paying Classic Slots

• Theme: Fruit
• Sub-Category: Classic slots
• Developer: Play’n GO
• Casino: Playamo Casino
• RTP: 96%

If you are looking for a classic slot that pays well and uses a simple gameplay system, Inferno Star is one of your best options. The game has only five reels and paylines and no side games, allowing you to focus solely on the reels.

The old-school sensation is completed by the fruit symbols, and there are some nice additions like re-spins, wilds, and scatters for additional fun.

If that sounds like a good slot for you, Playamo Casino is the best play to try it out in 2020.

At the Copa – High Payout Progressive Slot

• Theme: Night Clubs
• Sub-Category: Video slots, Progressive slots
• Developer: Betsoft
• Casino: BetOnline Casino
• RTP: 97.5%

Most progressive slots out there don’t come with a good return, but there are exceptions. One of the best of them is At the Copa. Betsoft’s game has an astonishing 97.5% RTP, which makes it the perfect choice for those who want to go after life-changing jackpots without losing too much in the process.

The design and symbols are also really enjoyable, and the betting limits are flexible. You can start low and go all the way up to $150 per spin. If you add the bonus game, the wilds, and the free spins feature, it’s easy to see why At the Copa is one of my picks for the highest payout slots online.

One of the best places to enjoy the game is BetOnline Casino because of their awesome promotions and a good variety of quality games.

Find the Best Paying Slots Online

If you reached this post, I’m sure that you are one of the players looking for the highest paying slot machines online. My recommended game options are solid, and the casinos I’ve suggested all have plenty of games with a high RTP.

If you want to explore some other options, you can find some of them on our page dedicated to the best payout gambling sites. There are plenty of casinos there, but also other gambling platforms that are worth your attention.

Table Of Contents

Penny slots are at the foundation of modern gambling. Penny slot machines have been the most popular ones in the United States for decades.

People would pay their buy-ins with nickels and hope for the best.

When Bally came out with their now famous 'Money Honey' slot, players enjoyed the fact that they were allowed to play for up to five nickels at a time.

Don't be fooled by the fact that the word 'penny' is used to describe these games. Penny slots are not as cheap as they sound.

The first things that pop into your mind when you hear the words 'penny slots' might be low payouts and low costs.

In fact, casino penny slot machines were also viewed as slots that cost nothing but a penny to play, which can't be further away from the truth.

New Penny Slots: 2020 Addition

We've decided to expand the list and present you with a few extra penny slots that have become increasingly popular in 2020.

Take a pick and try out a new penny slot:

Double Tigers

Double Tigers is a well-designed penny slot with 3-reel, 8-payline and d 96.43% RTP.

You also get to adjust the volatility levels thanks to their unique Volatility Levels™ feature.

Necromancer

Evoplay Entertainment has really taken that extra step towards improving the slots experience when they came up with this VR-inspired 95.9% RTP game.

Throw on your VR set, grab your mobile and transport yourself to a place where scary things are happening.

The three-dimensional penny slot world offers you 80 betways and a type of gameplay that you don't see often in gambling.

Disco Bar 7s

With coin value ranging from $0.01 to $50, the max bet you can place on Disco Bar 7s is $500.

It's a classic video slot, so there isn't much going on in terms of bonus rounds, but fill up the spots with Disco Ball wild symbols and score a 10,000-coin win.

This 3-reel, 10-payline slot features an RTP of 95.96%.

Care to see our all-time top 10? Scroll down and enjoy the list and reviews of the best 10 penny slots in 2020!

Top 10 Penny Slots

Penny Slots are more than sitting down in front of a machine and popping nickel after nickel into it, after which you pull the 'arm'.

In fact, today's online penny Slots are an extrapolation of the old ones.

These penny Slots are multi-line games allowing for more than one coin bet per line.

With themes like popular movies, shows and games, but also bonus features and special symbols, these penny slot machines represent the best there is in the gambling industry today.

But enough with the chit-chat! You're here to learn about the best penny Slots you can play right now.

Below you can find a list of 10 greatest penny Slot machine games to play online.

The sites that offer these games offer both free penny Slot machines and free penny Slots with bonus rounds, you'll surely find the favourite suits you best.

All you have to do is pick your favorite, as millions of players around the world vouch for the quality of these very best 10 games.

Book of Dead

We've already mentioned this penny slot, but we'll do it again, this time in more detail.

This penny video Slot is extremely similar to the famous 'Book of Ra', yet still has some new features that will ensure good gameplay, emerging the player into the mysterious Egyptian-theme world the game depicts.

There are 5 reels and 10 paylines in the Book of Dead online Slots game.

The symbol to look for is the Book of Dead, which acts like the Wild and the Scatter of the Slot.

Golden Colts

If you get over the fact that this game is one of the creepiest out there, then you can start thinking about the Mega Symbols, Wild Reels, Stacked Symbols, Wilds, Scatters, Free Spins, and other features Golden Colts has to offer.

Blaze of Ra

Here's another Ancient Egypt virtual world for the fans of gods and amulets to explore .

The 5 reels are covered by 40 potential paylines, which is great considering the screen is cut into 4 rows and 5 columns.

The graphics of this game are very high-quality.

You have your desertic background with pyramids at the back of the reels, while the mighty god Ra stands on the left of the screen, watching your every move.

Land on a Scarab, the Scatter of the game for bonus rounds with free spins.

Pirate's Charm

This Quickspin penny Slot has a Mystery Charm Respin feature which lets you re-trigger bonuses repeatedly in the game.

The thing that makes this game stand out is the possibility to play on up to 243 paylines, which is why many players consider Pirate's Charm to be one of the best Slots ever produced by Quickspin.

As a penny Slot, you can start betting from as low as $0.2 on one spin.

The game feels like the movie Pirates of the Caribbean, offering great visuals and a theme song fitted for a pirate's life feel to it, with stunning visuals and a very nice pirate soundtrack.

Then, if you need more Slots of this kind, have a look at our curated list of the best pirate Slots.

Vikings Go to Hell

We are all familiar with the stories about the courageous Nordic Vikings, the rulers of the Scandinavian seas and the lands surrounding them.

Vikings Go to Hell is a 5-reel, 4-row, and 25-payline Slot featuring the last recorded years of these amazing people.

Of course, the story is fantasized, so the Vikings have to take on the demons of the underworld in order to make it out alive.

Look for the Sticky Wilds which will enable multipliers and free spins once they appear on your reel. The minimum bet? Just $0.1 for one spin.

Divine Fortune

Here's another penny video Slot to consider if you're into Ancient Greek-themed Slots.

This visually gorgeous game will emerge you into the world of the gods with its 5-reels, 3-rows configuration and 20 pay lines.

Having an RTP of 96.69%, Divine Fortune can be more like a 'Divine Comedy' when you land on some Wilds, for example.

There are also three progressive jackpots scattered throughout the game.

Wild Wheel Big Money

Wild Wheel might be just a penny Slot, but don't be fooled by that, as it has one of the most impressive arrays of bonuses in the industry.

Piggy Banks, Wads, Gold Coins, and Dollars, but also Gold Bars and Cash Suitcases, these are the symbols of this Slot.

When you land on 3 Wilds, you get to play the Wheel of Fortune Bonus Game. This is the feature you should hope to become familiar with since it is the best one in the game.

What Progressive Slot Machines Have Had The Highest Most Payouts Ever

Valley of the Gods

Are you ready to take another trip to Ancient Egypt?

With nice, yet simple graphics, good sound effects and bonuses, Valley of the Gods is one of those Egyptian Slots with a simple gameplay but a great return for their players.

This game by Yggdrasil has the Anubis and the Horus statues as its most rewarding symbols.

The Return to Player rate is 96,2%.

Gold King

With the Gold King Slot, you won't get to earn all the gold on the planet, but at least can spend some time playing a game with good graphics, sounds, and gameplay.

The simple 5 reels, 3 rows, and 20 paylines make this game a favorite with both the novices and the experienced players alike.

Released only a few months ago, this new Slot game is already a hit and the symbols to look for are the Gold Bars and the Gold Kings, for free spins and other bonuses.

Temple of TUT

Remember the famous story of the discovery of King Tutankhamen’s tomb?

How about you yourself take on the trails of Howard Carter and George Herbert and try to figure out the mystery surrounding this Egyptian figure?

In Temple of TUT, there are more Super Reels than there are tombs in the Valley of the Kings in Egypt!

Land on 5 Free Spins Symbols and you will activate whopping 30 Free Spins.

The Stacked Wilds can be randomly discovered after any normal spin, but the symbols to look for are the Light beam and the Golden Scarabs.

Good luck not catching a cold, or a deadly Ancient Curse...

Penny Slots FAQ

It all depends on what you're looking for. Penny slots are amazing for players who like to spend time getting to know the slot machine and spinning reels without the pressure of making bug bets.

Penny slots are great because you can bet as little as $0.01 while you're still learning the ropes, but if you're looking to land some wins, you will probably need to increase your bets. There is no single trick that will help you win on penny slots every time, but slot strategy tips will come in handy.

What Progressive Slot Machines Have Had The Highest Most Payouts Wins

What Progressive Slot Machines Have Had The Highest Most Payouts Winning

Generally, if you want a penny slot machine with the best odds, you should aim at those with RTP over 97%. Progressive jackpots, bonus rounds and free spins features should also be taken into account when you're deciding how much you could win on a particular slot.

What Progressive Slot Machines Have Had The Highest Most Payouts Today

It's hard to say what penny slot game is the best to play because it varies from person to person. We've put together many great penny slots, so skim through the article and see what strikes your fancy - this list of top penny slots will have your new favourite on it.