A spillway is a structure used to provide the controlled release of water downstream from a dam or levee, typically into the riverbed of the dammed river itself. In the United Kingdom, they may be known as overflow channels. Spillways ensure that water does not damage parts of the structure not designed to convey water.

Spillways can include floodgates and fuse plugs to regulate water flow and reservoir level. Such features enable a spillway to regulate downstream flow—by releasing water in a controlled manner before the reservoir is full, operators can prevent an unacceptably large release later.

Other uses of the term "spillway" include bypasses of dams and outlets of channels used during high water, and outlet channels carved through natural dams such as moraines.

Water normally flows over a spillway only during flood periods, when the reservoir has reached its capacity and water continues entering faster than it can be released. In contrast, an intake tower is a structure used to control water release on a routine basis for purposes such as water supply and hydroelectricity generation.