Just to give you an idea how far up shit’s creek we are without a paddle.
Via CNS News:
Two lucky individuals won $587.5 million last night by matching all six numbers in the Powerball lottery. This represents the second-largest jackpot in U.S. lottery history.
To put this amount in perspective, and to shed light on the United States’ spending problem, the math below shows that the federal government’s pace of deficit spending would consume this amount in just four hours.
In fiscal year 2012, the debt of the U.S. government increased by $1,275,901,078,828.74, according to the Treasury Department. That equals about $3.5 billion per day, or $2,430,555.00 per minute.
Based on these numbers, the federal government would blow through the lottery winnings in just 4.0 hours.