bingo

[bing-goh]
noun (sometimes initial capital letter)
1.
a form of lotto in which balls or slips, each with a number and one of the letters B, I, N, G, or O, are drawn at random and players cover the corresponding numbers printed on their cards, the winner being the first to cover five numbers in any row or diagonal or, sometimes, all numbers on the card.
interjection
2.
(used to call a win in bingo.)
3.
(used to express suddenness or swiftness, as of an action): He waved his hand, and, bingo, the card reappeared.
4.
(used to acknowledge someone's sudden understanding or correct response): Bingo! That's just what I meant!

Origin:
1935–40; apparently alteration of beano1

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
bingo (ˈbɪŋɡəʊ)
 
n , pl -gos
1.  Compare lotto a gambling game, usually played with several people, in which numbers selected at random are called out and the players cover the numbers on their individual cards. The first to cover a given arrangement of numbers is the winner
 
sentence substitute
2.  a cry by the winner of a game of bingo
3.  an expression of surprise at a sudden occurrence or the successful completion of something: and bingo! the lights went out
 
[C19: perhaps from bing, imitative of a bell ringing to mark the win]

Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
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Etymonline
Word Origin & History

bingo
1936, as a lotto-like game of chance; many theories about its origin, none satisfying; the most likely is bingo! as an exclamation of sudden realization or surprise (attested from 1927). Uncertain connection to the slang word for "brandy" (1690s); attested as "liquor" in Amer.Eng., 1861. Thomas Chandler
Haliburton ("Sam Slick") in "The Americans at Home" (1854) recounts a story of a drinking game in which the children's song about the farmer's dog was sung and when it came time to spell out the name, every participant had to take a letter in turn, and anyone who missed or flubbed had to drink.
Online Etymology Dictionary, © 2010 Douglas Harper
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Example sentences
The run-down parish gym is also used as a dining hall and for bingo and budget
  meetings.
Nearby, folks play bingo, and in the band shell a group does a sound check for
  the big dance.
In winter they bring their mothers here every week for free prime rib or to
  play bingo.
Bingo, as any teacher of writing or rhetoric would acknowledge.
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