Americans have developed a reputation around the world as materialistic and wasteful spenders. Based on the following numbers, that perception is not far from reality:
- $1,038: how much the average American spends each year on lottery tickets, according to a survey commissioned by Bankrate, a consumer financial services company based in New York City.
- $1,200: the amount Americans spend each year on fast food, a onepoll.com survey states.
- $70,000: how much Americans spend on takeout and delivery in their lifetime, according to research commissioned by Home Chef, a Chicago-based meal kit and food delivery company.
- $1.04 trillion: how much Americans owe in credit card debt, the Federal Reserve reports.