Finance: What is a windfall?

What is a windfall? A windfall is the result of an unexpected large positive event. In the case of a company, it could be the earnings from a large contract above and beyond projections, or unanticipated sales growth from a PR campaign. When certain industries find that economic conditions have given business a boost, government may levy windfall taxes to take a piece of the extra prosperity.

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Transcript

00:26

to win fifteen bucks for that hand But it turns

00:29

out you just won the casinos one million hand and

00:33

suddenly you're surrounded by streamers and confetti and heavily made

00:36

up women in rhinestone studded dresses And well you're being

00:40

handed a massive check for one million dollars Yeah you

00:44

should probably not double down or you bought a Powerball

00:48

ticket on a whim You usually never waste your money

00:51

on these things But you had a single that was

00:53

just burning a hole in your pocket And you were

00:55

bored while you were waiting in line at the Quickie

00:57

Mart there So you took a shot and you scored

01:00

and now you're set for life Huge windfall Yeah Final

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example You were employee number eight at Google and you

01:07

decide to finally cash in your stock options Less of

01:10

a windfall and more of a sky fall there but

01:13

well it might be time to do a Google search

01:15

for how much does it cost to buy your own 00:01:17.84 --> [endTime] island Yeah that's a good one