Investopedia

Jackpot

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Dictionary Says

Definition of 'Jackpot'

The top prize in a game of chance. Jackpot prizes can be anything from cash to cars and houses.
Investopedia Says

Investopedia explains 'Jackpot'

When winnings are high, as in the case of most jackpots, you may have to pay the estimated tax liability at source. As your employer does with employment earnings, the awarder will withhold the taxes and send them to the IRS on your behalf.

Articles Of Interest

  1. Winning The Jackpot: Dream Or Financial Nightmare?

    Don't assume all prizes are free. Many come with enough costs to render them worthless.
  2. 4 Fatal Financial Fantasies

    These dreams are likely to burst - and may blow away your financial future in the process.
  3. Sinful Investing: Is It For You?

    Sin stocks may seen outright undesirable to some, but these "naughty" industries bring stable returns - even in hard times.
  4. Socially (Ir)responsible Mutual Funds

    Not concerned about being an ethical investor? Maybe "sinful stocks" have a place in your portfolio.
  5. The Good And Bad Of National Lotteries

    Here's a look at some of the positives and negatives of national lotteries.
  6. Investing Vs. Gambling: Where Is Your Money Safer?

    Many people who have never invested before see it as just another form of gambling. Find out the truth.
  7. Making Money In Las Vegas

    It's never been a worse time to break into the ranks of Vegas dealers and pit bosses.
  8. States That Spend The Most On Lottery Tickets

    Here are the areas in the U.S. that spend plenty of money on lottery tickets.
  9. In Praise Of Lotteries

    Lotteries are horrible investment alternatives, but they ought to be better respected as entertainment options.
  10. The Evolution Of The Gaming Market

    The gaming market has a rich history in America, from lotteries in colonial settlements and card games in old west saloons to today's multibillion-dollar casino industry.
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