@Gregory Well said!
Sweepstake
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competition usually done at work or with freinds that usually coinicdes with a major sporting event. everyone pays and then picks a participant of said sporting event out of a hat (entrants usually written on paper and screwed up)and the winner usually receivng a alloted sum of money.
Sweepstake meaning & definition 1 of Sweepstake.
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Sweepstake in Horse Racing. A race where all or most of the prize money comprises entry fees, subscriptions, forfeits from owners and any added money.
Sweepstake meaning & definition 2 of Sweepstake.
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A form of gambling, especially on horse races, in which all the stakes are divided among the winners.
Sweepstake meaning & definition 3 of Sweepstake.
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a type of gambling , often on a horse race, in which people pay a small amount of money and choose a particular horse, team, etc. The person who chooses the winning horse, team, etc. receives all the money paid by everyone else.
Sweepstake meaning & definition 4 of Sweepstake.