LEXINGTON, Ky. -- It’s Kentucky Derby weekend at Churchill Downs, and from the fashion to the special drinks, and of course, the money, there’s a whole lot more going on than just horse racing.
We’ll start with the number “2.” For such a big event, The Kentucky Derby takes just two minutes to run.
“We scoured news reports, data collections from previous years to really come up with a thorough list for the thoroughbreds,” said WalletHub analyst Jill Gonzalez.
The personal finance website came up with a list of “Kentucky Derby by the Numbers.” Here are some of the findings:
170,000 -- the number of attendees expected at this year’s event
$60 -- the price of a general admission ticket
90% -- of females will wear a hat
$500-1,000 -- the price range of each of those hats
1,000 pounds of fresh mint for mint juleps
127,000 -- the number of mint juleps served
$2 million -- the amount the owners of the winning horse will be paid
$200,000 -- the estimated value of the trophy
But the winners aren’t not the only ones reaping the benefits.
“We’re looking at a $4 billion horse racing economic impact within Kentucky. Just form the Derby alone, that’s $400 million in one day. Churchill itself makes $82 million in profit,” explained Gonzalez.
The final number?, 16 million -- the estimated number of people who will be watching the Derby from home.