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Phrase Meanings » in the money
What does "in the money" mean?
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Also, in the chips. Rich, affluent. For example, When he's in the money, he's extremely generous to his friends, or After that box-office bonanza, she's in the chips. The chips in the variant presumably allude to poker chips. [Colloquial; late 1800s]
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Placing first, second or third in a contest on which a bet has been placed, especially a horse race. For example, My luck held today, and I ended up in the money. [c. 1900]
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