High-rise structures are normally tall and slender with a large height-width ratio. Under the strong seismic action, such a structure may experience violent vibrations and large deformation. In this paper, a spring pendulum pounding tuned mass damper (SPPTMD) system is developed to reduce the seismic response of high-rise structures. This SPPTMD system consists of a barrel limiter with the built-in viscoelastic material and a spring pendulum (SP). This novel type of tuned mass damper (TMD) relies on the internal resonance feature of the spring pendulum and the collision between the added mass and barrel limiter to consume the energy of the main structure. Based on the Hertz-damper model, the motion equation of the structure-SPPTMD system is derived. Furthermore, a power transmission tower is selected to evaluate the vibration reduction performance of the SPPTMD system. Numerical results revealed that the SPPTMD system can effectively reduce structural vibrations; the reduction ratio is greater than that of the spring pendulum. Finally, the influence of the key parameters on the vibration control performance is conducted for future applications.