If the US Government Won the Latest Powerball Jackpot

Yesterday morning I ran across this and thought it helped put our government’s insane level of spending into perspective…

The most recent Powerball jackpot was $570 million. Just for fun, let’s assume the Treasury Secretary Tim Geithner went into Turbo-Mart and bought a ticket on behalf of the U.S. government. Then let’s assume that the government was the lone winner of the jackpot (and just for kicks let’s stretch reality even further and assume the prize isn’t taxed).

At current spending levels, as the Heritage Foundation points out, that amount of money would fund the U.S. government for about one hour and 26 minutes.

Of course, that was yesterday. The length of time is probably down to about one hour and 24 minutes by now.

This entry was posted in Politics on by .

About Doug Powers

Doug Powers is a writer, editor and commentator covering news of the day from a conservative viewpoint with an occasional shot of irreverence and a blast of snark. Townhall Media editor. MichelleMalkin.com alum. Bowling novice.