WASHINGTON (Gray DC) -- It’s Kentucky Derby weekend at Churchill Downs. 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 cost 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 are’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.
Finally, 16 million – the estimated number of people who will be watching the Derby from home.