Once you finish the “Risk Assessment” mission in GTA V, the Parachute Jump activity will be unlocked. You can use any character and perform Parachute Jumps at 13 different locations in the city.
Parachute Jump Controls
First, before you jump, you’ll be able to look around using the right stick. When you’re ready, press the square button (PlayStation) or X button (Xbox) to jump.
Once you jump, you can steer your fall with the left stick. Use the X button (PlayStation) or A button (Xbox) to deploy your parachute.
After the parachute deploys, you’ll have a wider range of controls available to you. You can still steer using the left stick, but you can also make sharp turns by holding down L1 or R1. Holding down these buttons as you approach the ground will also enable you to make a more precise landing. To release the parachute, you must press the triangle button (PlayStation) or Y button (Xbox).
Finally, you can use the cinematic camera by holding down the O button (PlayStation) or B button (Xbox).
If at any point during the jump you’d like to cancel and retry, you can do so by pressing the square button (PS3) or X button (Xbox). If you quit a jump instead of retrying, you won’t earn any money for it.
The first Parachute Jump is called Pacific Tour, and you can find it by traveling east of Vespucci Beach. Jeff will take you up in a helicopter for the jump, and you’ll need to land on a boat. After you jump, wait 8 seconds and then deploy your parachute. This should give you enough time to make a precise landing.
The second Parachute Jump is called Photo Finish, and you can find it in Vinewood, at the race track. Enter from the south and hurry north to find Jeff and the helicopter. This Parachute Jump is the first to use checkpoints. After you jump, wait 2 seconds and then deploy your parachute. You’ll hang to the left.
The third Parachute Jump is called Turbine Terror, and you can find the helicopter north of Sandy Shores. After you jump, wait 2 seconds and then deploy your parachute to have plenty of time to reach your goal.