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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
The question, then, is whether the energy sector will continue to hit pay dirt or whether it will start pumping mud.
Flash forward to the present day as we meet a rusty group of salvage experts who think they've hit pay dirt.
He hit pop culture pay dirt when he wrote a slim novel based on his experiences.
With everyday reports of Indian entrepreneurs striking pay dirt in the US, the focus on India and its economy has increased over the years.
In fact he had hit pay dirt as he was performing his joke to one of the country's top comedy managers.
According to one of many legends, Wickenburg named the Vulture Mine after the buzzards circling over his head as he struck pay dirt.

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