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The Winner Takes It All is een nummer van de Zweedse popgroep ABBA. Het nummer werd uitgebracht als eerste single van hun zevende album Super Trouper. Het nummer is een ballad die gaat over het einde van een romance.

"The Winner Takes It All" is a song recorded by Swedish music recording group ABBA. Released as the lead single from the group's seventh studio album, Super Trouper (1980) on 21 July 1980, it is a ballad in the key of G-flat major, reflecting on the end of a relationship. Penned by Björn Ulvaeus and Benny Andersson, it features Agnetha Fältskog on lead vocals. The single's B-side was the non-album track "Elaine". Although Ulvaeus has denied the song being about his divorce from Fältskog, he has stated the song is about the experience of a divorce.

Continuing ABBA's streak of successful singles, "The Winner Takes It All" topped the charts in Belgium, Ireland, the Netherlands, and the United Kingdom, where in the lattermost country became their eighth number one hit. The single became ABBA's fourth and final top ten chart hit in the United States, peaking at number 8 on the Billboard Hot 100. It has since become one of the group's most enduring hits. In a 1999 poll for Channel 5, "The Winner Takes It All" was voted Britain's favourite ABBA song. This feat was replicated in a 2010 poll for ITV. In a 2006 poll for a Channel Five programme, "The Winner Takes It All" was voted "Britain's Favourite Break-Up Song." The song has been covered by multiple artists, the most notable being Cher and Susan Boyle.