Examples of jackpot in a Sentence
The lottery jackpot is up to one million dollars.
a wily dude who managed to get himself out of one jackpot after another
Recent Examples of jackpot from the Web
Ellen gave the big jackpot to her studio audience to mark her One Million Acts of Good campaign with Cheerios.
Marshall Crosby, a personal trainer who’s been trying to break into the cannabis industry for 15 years, hit the jackpot this week.
That's not much different than the fraction of jackpot tickets in this week's Powerball lottery.
The jackpot for Friday’s drawing is $76 million or $46.6 million cash.
The jackpot money appears to come from Silicon Valley investors betting on the growing popularity of the game.
According to the Florida Lottery, one jackpot-winning ticket was sold at the Publix supermarket at 402 E. Dania Beach Blvd. and was a quick pick ticket, meaning the numbers were generated by computer.
Shane Missler, of Port Richey, Florida, won the January 5 Mega Millions drawing for a $450 million jackpot, opting to take a one-time lump sum of $281,874,999, according to the Florida Lottery.
Saturday's winning numbers were: 12-29-30-33-61, Powerball: 26, PowerPlay: 3x A single Powerball ticket sold in New Hampshire won Saturday's jackpot worth $559 million.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'jackpot.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of jackpot
Financial Definition of JACKPOT
What It Is
A jackpot is a big winning -- often the largest a competition or event has to offer.
How It Works
Let's say John Doe goes to Las Vegas to get away from his wife for a few days. He puts a few dollars in a slot machine and pulls the handle. Three red cherries pop up, lights start flashing, and music starts playing. John has won a $250,000 jackpot -- the largest payout the slot machines offer. He collects his winnings and leaves his wife, who later sues him for half.
Why It Matters
In the finance world, a jackpot is similar to a windfall -- it is an amount of money that is usually unexpected and usually very large. Jackpots can be the result of investing in IPOs that do well, holding onto a stock that everybody else left for dead, or investing in assets that were undervalued.
Note, however, that when you win a jackpot, the IRS does too -- income is taxable, regardless of whether it was expected.
JACKPOT Defined for English Language Learners
JACKPOT Defined for Kids
Seen and Heard
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