that'll be the day
American Heritage Dictionary of Idioms:
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that'll be the day
That will never happen, that's very unlikely, as in You think I'll win the lottery? That'll be the day! Presumably this phrase is short for that will be the day worth waiting for, but it is nearly always used ironically, as in the example. [Mid-1900s]
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American Heritage Dictionary of Idioms
The American Heritage® Dictionary of Idioms by Christine Ammer. Copyright © 1997 by The Christine Ammer 1992 Trust. Published by Houghton Mifflin Company. All rights reserved.
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