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noun, (used with a singular or plural verb)
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.
a sweepstakes.

a lottery in which the stakes of the participants constitute the prize
the prize itself

any event involving a lottery, esp a horse race in which the prize is the competitors’ stakes


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