What is a Jackpot?

A jackpot prize in lottery is the grand prize available, typically paid out as either an annuity or lump sum cash payment depending on its game rules. Tuesday night's Mega Millions drawing ended without any winners, continuing the streak that started back in April. Still, its jackpot remains one of the three highest jackpots ever awarded in U.S. history. It is a fixed amount The word jackpot refers to any large prize won from gambling or sweepstakes, commonly lottery prizes; jackpots have grown larger as lotteries have reduced odds of winning. Furthermore, it serves as both an adjective and verb; its verb form means to hit a jackpot. These examples were automatically collected from online sources and do not necessarily represent the opinions or editorial stances of Merriam-Webste...

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