The phrase 'Close, but No Cigar' is used to indicate that you have fallen just short of a successful outcome and have received no reward for your efforts.
Example of Use: “Did you make enough sales to get a bonus?” Answer: “Close, but no cigar.”
The phrase 'close, but no cigar' and a variation, 'nice try, but no cigar,' originated in the United States during the mid-20th century, when carnival booths gave out cigars as prizes. One had to win a game to get a cigar; a close call went unrewarded.