The phrase 'get a payout' is correct and can be used in written English.
For example, you could say, "After years of hard work, Joe finally got a payout for his retirement plan."
When he does get a payout, he says, believably, that it will be to pay taxes, not build a yacht.
You won't get a payout from the airline if you have to cancel transport or accommodation at your destination, but you may not lose money.
You might think that is worth it, as you'll get a payout of £13,159, but the thing is, you won't.
" If you bought protection and now all of a sudden, a 50 percent haircut is imposed on you and you don't get a payout on your insurance, that really casts a large doubt".
"I've already outlined what some of those changes were, even during the election campaign: one of them, if you get a payout as a result of an accident... that is exempted from the $500,000 cap," he said.
Our brain's pleasure circuits are also hard-wired to be activated by unpredictable rewards: While a roulette wheel is spinning or horses are on the track, we get a pleasure buzz even if we don't get a payout in the end.
