- a race or other contest for which the prize consists of the stakes contributed by the various competitors.
- the prize itself.
- a lottery in which winning tickets are selected at random, each winning-ticket number then being matched to one of the horses nominated for or entered in a specific race, and the amounts paid the winners being determined by the finishing order of the horses that run.
- lottery (def. 2).
- any gambling transaction in which each of a number of persons contributes a stake, and the stakes are awarded to one or several winners.
- a risky venture that promises large rewards: the high-tech sweepstakes.
