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The Collaborative International Dictionary
hit the jackpot

Jackpot \Jackpot\, n.

  1. Same as jack pot. See under jack.

  2. Any larger-than-usual gambling prize formed by the accumulation of unwon bets.

  3. The highest gambling prize awarded in a gambling game in which smaller prizes are also awarded, especially such a prize on a slot machine.

  4. An unusually large success in an enterprise, either unexpected or unpredictable, esp. one providing a great financial benefit.

    hit the jackpot to receive an unexpectedly large (or the largest possible) benefit from an enterprise; as, after prospecting for years, he finally hit the jackpot when he discovered a silver lode.

Wiktionary
hit the jackpot

vb. (context idiomatic English) To receive a more favorable outcome than imagined, especially by good luck.

WordNet
hit the jackpot

v. succeed by luck; "I lucked out and found the last parking spot in the lot" [syn: luck out]