Bad-Beat Jackpot( poker )

In some card-rooms, a prize that is shared by the players in a game, when a very good hand (usually Aces full, or better) is beaten by a higher hand.
Jackpots are usually financed by taking a drop ($1 is a common amount) from every pot.
A typical division of the jackpot will give the losing hand 50 %, the winning hand 25 %,
and the other players at the table share the remaining 25 % of the Jackpot.