A gaming system includes a gaming machine for playing at least one casino wagering game, one or more electronic display devices, and game-logic circuitry. The game-logic circuitry directs at least one of the display devices to display a progressive jackpot, detects, via at least one electronic input device of the gaming machine, a physical item associated with a monetary value that establishes a credit balance, increments the progressive jackpot in response to play of the casino wagering game, directs at least one of the electronic display devices to display an outcome resulting from the casino wagering game, awards the progressive jackpot in response to the displayed outcome being a progressive-winning outcome and/or in response to the progressive jackpot being incremented to a triggering amount, and receives, via at least one of the electronic input devices, a cashout input that initiates a payout from the credit balance.
GAMING SYSTEMS AND METHODS FOR DYNAMIC JACKPOT ADMINISTRATION