Poker glossary definition of Jackpot

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A jackpot is a pool of prize money that grows with time that can be won by one or more players when the conditions for winning are fulfulled.

One common form of jackpot is the bad beat jackpot, which one or more players can win if their strong hand is beaten by a stronger hand in a very unlikely way, e.g. a four of a kind losing to a straight flush.