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Britain's Queen Elizabeth wins big at the Royal Ascot horse racing festival at Ascot, southern England, June 20, 2013. The Queen's horse, Estimate, won the Royal Ascot's Gold Cup event on Thursday, the first time the race was won by a reigning monarch.

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Why does the Queen look so happy?TOBY MELVILLE/Reuters

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But wait - what do we have here?TOBY MELVILLE/Reuters

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Hats!Alastair Grant/The Associated Press

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So many hats.TOBY MELVILLE/Reuters

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Hats and horse racing go together, you see, especially on this particular day, “Ladies' Day,” at the Royal Ascot horse racing festival at Ascot.DARREN STAPLES/Reuters

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Lovely hats...DARREN STAPLES/Reuters

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Royal baby themed hats...DARREN STAPLES/Reuters

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British flag hats?....DARREN STAPLES/Reuters

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Doggie hats...DARREN STAPLES/Reuters

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Man hats.DARREN STAPLES/Reuters

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Hats hats hats...TOBY MELVILLE/Reuters

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Anyway, back to the Queen!TOBY MELVILLE/Reuters

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Here we have the Queen’s pick, Estimate, jockeyed by Ryan Moore.TOBY MELVILLE/Reuters

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The royal booth. GO ESTIMATE!DARREN STAPLES/Reuters

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Check out the Queen’s granddaughters, Princess Beatrice (left) and Princess Eugenie, cheering on their granny’s horse.Tim Ireland/The Associated Press

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Now this is adorable.DARREN STAPLES/Reuters

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Queen Elizabeth smiles as she is presented with The Gold Cup by her son Prince Andrew after her horse Estimate won the feature race during ladies day. It was the first time the race was won by a reigning monarch.TOBY MELVILLE/Reuters

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Happy day.Tim Ireland/The Associated Press

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