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Jolly good! Queen Elizabeth II backs the winning horse at the Royal Ascot races

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?

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But wait - what do we have here?

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Hats!

Alastair Grant/AP

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So many hats.

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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.

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Lovely hats...

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Royal baby themed hats...

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British flag hats?....

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Doggie hats...

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Man hats.

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Hats hats hats...

TOBY MELVILLE/REUTERS

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Anyway, back to the Queen!

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Here we have the Queen’s pick, Estimate, jockeyed by Ryan Moore.

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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/AP

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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/AP

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