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
The next drawing is Tuesday with a jackpot estimated at $110 million.
While the aisles of Trader Joe's beckon with plenty of decadent treats, the popular grocery store chain is also a jackpot for healthy eating finds.
Beauty hacks that turn one product into two (or more) are a serious jackpot.
And now Mayweather, who loves to gamble, just won a $100,000 jackpot playing video poker, which might be the saddest gambling game of all.
States may have a new revenue source, but the gambling dollars might not be a huge jackpot in the long run.
Friday's Mega Millions prize is $45 million and Saturday's Classic Lotto drawing is for a jackpot of $6.1 million.
Here are the key takeaways: The penny slot machine has a minimum bet of 80 cents and offers a three-level progressive jackpot, with seven interactive bonuses.
Although the tournament was for charity, the games were intense as players competed for a $10,000 prize pool, including a $3,000 jackpot for the first-place finisher.
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.
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
Definition of jackpot for English Language Learners
: a usually large amount of money won in a game of chance
JACKPOT Defined for Kids
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