A money gift given at New Year (usually to children). Often used with the honorific prefix お (お年玉).
子どもたちはお正月に親から年玉をもらって大喜びした。
The children were thrilled to receive New Year's money from their parents.
祖父母は毎年、小学生の孫に年玉を包む。
Grandparents wrap (give) New Year's money to their elementary-school grandchildren every year.
年玉は地域や家庭によって金額に差がある。
The amount of New Year's money varies by region and family.