Gaming system and method for enabling a player to accept or reject a progressive award

1. A gaming system comprising:

a housing;

at least one display device supported by the housing;

a plurality of input devices supported by the housing, said plurality of input devices including:

(i) an acceptor, and

(ii) a cashout device;

at least one processor; and

at least one memory device which stores a plurality of instructions, which when executed by the at least one processor, cause the at least one processor to operate with the display device and the plurality of input devices to:

(a) if a physical item is received via the acceptor, establish a credit balance based, at least in part, on a monetary value associated with the received physical item,

(b) maintain a plurality of multi-level progressive award configurations, each multi-level progressive award configuration including a plurality of progressive awards of a plurality of progressive award levels, wherein each progressive award is associated with at least another one of the progressive awards of the same progressive award level of another one of the multi-level progressive award configurations,

(c) if a progressive award triggering event occurs in association with one of the multi-level progressive award configurations:

(i) select one of the plurality of progressive awards of one of the plurality of progressive award levels of the multi-level progressive award configuration associated with the occurrence of the progressive award triggering event,

(ii) enable a player to accept or reject the selected progressive award,

(iii) if the player accepts the selected progressive award:

(A) display the selected progressive award, and

(B) provide the selected progressive award to the player, and

(iv) if the player rejects the selected progressive award:

(A) select a replacement progressive award, said replacement progressive award being selected from the associated progressive awards of the same progressive award level of the rejected progressive award, and

(B) display the selected replacement progressive award; and

(d) if a cashout input is received via the cashout device, cause an initiation of any payout associated with the credit balance.

2. The gaming system of claim 1 , wherein each progressive award is associated with each of the progressive awards of the same progressive award level of each of the multi-level progressive award configurations.

3. The gaming system of claim 1 , wherein when executed by the at least one processor if the player rejects the selected progressive award, the plurality of instructions cause the at least one processor to provide the replacement progressive award to the player.

4. The gaming system of claim 1 , wherein when executed by the at least one processor if the player rejects the selected progressive award, the plurality of instructions cause the at least one processor to:

(i) enable the player to accept or reject the replacement progressive award,

(iii) if the player accepts the replacement progressive award, provide the replacement progressive award to the player, and

(iv) if the player rejects the replacement progressive award, select another replacement progressive award, said other replacement progressive award being selected from the associated progressive awards of the same progressive award level of the rejected progressive award.

5. The gaming system of claim 1 , wherein when executed by the at least one processor if the player rejects the selected progressive award, the plurality of instructions cause the at least one processor to reset one of the progressive awards selected from the group consisting of: the selected progressive award and the replacement progressive award.

6. The gaming system of claim 1 , wherein when executed by the at least one processor, the plurality of instructions cause the at least one processor to select one of the plurality of progressive awards of one of the plurality of progressive award levels of the multi-level progressive award configuration in association with a displayed progressive award determination sequence.

7. The gaming system of claim 1 , wherein when executed by the at least one processor, the plurality of instructions cause the at least one processor to select the replacement progressive award in association with a displayed progressive award replacement sequence.

8. The gaming system of claim 1 , wherein a determination that the progressive award triggering event will occur is independent of any occurrence in any play of any displayed games.

9. The gaming system of claim 1 , wherein at least two of the associated progressive awards of the same progressive award level of the rejected progressive award have different probabilities of being selected as the replacement progressive award.

10. The gaming system of claim 1 , wherein at least one of any progressive awards include at least one selected from the group consisting of: a quantity of monetary credits, a quantity of non-monetary credits, a quantity of promotional credits, a quantity of player tracking points, a quantity of free plays of a game, and a quantity of plays of at least one non-wagering game.

11. A gaming system server comprising:

at least one processor; and

at least one memory device which stores a plurality of instructions, which when executed by the at least one processor, cause the at least one processor to:

(a) maintain a plurality of multi-level progressive award configurations, each multi-level progressive award configuration including a plurality of progressive awards of a plurality of progressive award levels, wherein each progressive award is associated with at least another one of the progressive awards of the same progressive award level of another one of the multi-level progressive award configurations, and

(b) if a progressive award triggering event occurs in association with one of the multi-level progressive award configurations:

(i) select one of the plurality of progressive awards of one of the plurality of progressive award levels of the multi-level progressive award configuration associated with the occurrence of the progressive award triggering event,

(ii) enable a player to accept or reject the selected progressive award,

(iii) if the player accepts the selected progressive award:

(A) cause at least one display device to display the selected progressive award, and

(B) provide the selected progressive award to the player, wherein a credit balance is increasable based on the provided progressive award, said credit balance being: (I) increasable via an acceptor of a physical item associated with a monetary value, and (II) decreasable via a cashout device, and

(iv) if the player rejects the selected progressive award:

(A) select a replacement progressive award, said replacement progressive award being selected from the associated progressive awards of the same progressive award level of the rejected progressive award, and

(B) cause the at least one display device to display the selected replacement progressive award.

12. The gaming system server of claim 11 , wherein each progressive award is associated with each of the progressive awards of the same progressive award level of each of the multi-level progressive award configurations.

13. The gaming system server of claim 11 , wherein when executed by the at least one processor if the player rejects the selected progressive award, the plurality of instructions cause the at least one processor to provide the replacement progressive award to the player.

14. The gaming system server of claim 11 , wherein when executed by the at least one processor if the player rejects the selected progressive award, the plurality of instructions cause the at least one processor to:

(i) enable the player to accept or reject the replacement progressive award,

(iii) if the player accepts the replacement progressive award, provide the replacement progressive award to the player, and

(iv) if the player rejects the replacement progressive award, select another replacement progressive award, said other replacement progressive award being selected from the associated progressive awards of the same progressive award level of the rejected progressive award.

15. The gaming system server of claim 11 , wherein when executed by the at least one processor if the player rejects the selected progressive award, the plurality of instructions cause the at least one processor to reset one of the progressive awards selected from the group consisting of: the selected progressive award and the replacement progressive award.

16. The gaming system server of claim 11 , wherein when executed by the at least one processor, the plurality of instructions cause the at least one processor to select one of the plurality of progressive awards of one of the plurality of progressive award levels of the multi-level progressive award configuration in association with a displayed progressive award determination sequence.

17. The gaming system server of claim 11 , wherein when executed by the at least one processor, the plurality of instructions cause the at least one processor to select the replacement progressive award in association with a displayed progressive award replacement sequence.

18. The gaming system server of claim 11 , wherein a determination that the progressive award triggering event will occur is independent of any occurrence in any play of any displayed games.

19. The gaming system server of claim 11 , wherein at least two of the associated progressive awards of the same progressive award level of the rejected progressive award have different probabilities of being selected as the replacement progressive award.

20. The gaming system server of claim 11 , wherein at least one of any progressive awards include at least one selected from the group consisting of: a quantity of monetary credits, a quantity of non-monetary credits, a quantity of promotional credits, a quantity of player tracking points, a quantity of free plays of a game, and a quantity of plays of at least one non-wagering game.

21. A method of operating a gaming system, said method comprising:

(a) causing at least one processor to execute a plurality of instructions to maintain a plurality of multi-level progressive award configurations, each multi-level progressive award configuration including a plurality of progressive awards of a plurality of progressive award levels, wherein each progressive award is associated with at least another one of the progressive awards of the same progressive award level of another one of the multi-level progressive award configurations, and

(b) if a progressive award triggering event occurs in association with one of the multi-level progressive award configurations:

(i) causing the at least one processor to execute the plurality of instructions to select one of the plurality of progressive awards of one of the plurality of progressive award levels of the multi-level progressive award configuration associated with the occurrence of the progressive award triggering event,

(ii) enabling a player to accept or reject the selected progressive award,

(iii) if the player accepts the selected progressive award:

(A) causing at least one display device to display the selected progressive award, and

(B) providing the selected progressive award to the player, wherein a credit balance is increasable based on the provided progressive award, said credit balance being: (I) increasable via an acceptor of a physical item associated with a monetary value, and (II) decreasable via a cashout device, and

(iv) if the player rejects the selected progressive award:

(A) causing the at least one processor to execute the plurality of instructions to select a replacement progressive award, said replacement progressive award being selected from the associated progressive awards of the same progressive award level of the rejected progressive award, and

(B) causing the at least one display device to display the selected replacement progressive award.

22. The method of claim 21 , wherein each progressive award is associated with each of the progressive awards of the same progressive award level of each of the multi-level progressive award configurations.

23. The method of claim 21 , which includes, if the player rejects the selected progressive award, providing the replacement progressive award to the player.

24. The method of claim 21 , which includes, if the player rejects the selected progressive award:

(i) enabling the player to accept or reject the replacement progressive award,

(iii) if the player accepts the replacement progressive award, providing the replacement progressive award to the player, and

(iv) if the player rejects the replacement progressive award, causing the at least one processor to execute the plurality of instructions to select another replacement progressive award, said other replacement progressive award being selected from the associated progressive awards of the same progressive award level of the rejected progressive award.

25. The method of claim 21 , which includes, if the player rejects the selected progressive award, causing the at least one processor to execute the plurality of instructions to reset one of the progressive awards selected from the group consisting of: the selected progressive award and the replacement progressive award.

26. The method of claim 21 , which includes causing the at least one processor to execute the plurality of instructions to select one of the plurality of progressive awards of one of the plurality of progressive award levels of the multi-level progressive award configuration in association with a displayed progressive award determination sequence.

27. The method of claim 21 , which includes causing the at least one processor to execute the plurality of instructions to select the replacement progressive award in association with a displayed progressive award replacement sequence.

28. The method of claim 21 , wherein a determination that the progressive award triggering event will occur is independent of any occurrence in any play of any displayed games.

29. The method of claim 21 , wherein at least two of the associated progressive awards of the same progressive award level of the rejected progressive award have different probabilities of being selected as the replacement progressive award.

30. The method of claim 21 , wherein at least one of any progressive awards include at least one selected from the group consisting of: a quantity of monetary credits, a quantity of non-monetary credits, a quantity of promotional credits, a quantity of player tracking points, a quantity of free plays of a game, and a quantity of plays of at least one non-wagering game.

31. The method of claim 21 , which is provided through a data network.

32. The method of claim 31 , wherein the data network is an internet.