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What is pay dirt?

What is pay dirt? Here are some definitions.

Noun
  1. (mining) Earth which contains profitable quantities of ore.
  2. (figuratively) A profitable area or period; success.
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Examples
With everyday reports of Indian entrepreneurs striking pay dirt in the US, the focus on India and its economy has increased over the years.
Then, on their second to last day in Madagascar, in a park called Ranomafana, they hit pay dirt.
The industry insists that companies won't drill unless they're certain to hit pay dirt.
Back in the deserted capital, power brokers were trying to assess who hit pay dirt and who fell short in a city tied up in partisan knots.
He hit pop culture pay dirt when he wrote a slim novel based on his experiences.
The question, then, is whether the energy sector will continue to hit pay dirt or whether it will start pumping mud.

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