In America, we're known for our indulgences — home appliances, electronics, vacations, cars. So how does our spending stack up against Europeans, or folks in Asia? Read on for our analysis of the most uniquely American spendings habits out there.
1. The Lottery
Americans spend more money playing the lotto than on books, video games, and movie and sporting event tickets combined. In 2014, lottery spending in the U.S. totaled a whopping $70 billion. (See also: 6 Ways of Improving Your Lottery Odds)
2. Doctors and Dentists
The U.S. spends more public dollars on healthcare than all but two countries. There are a couple of reasons for that. First, healthcare services are notably higher in the U.S. than in most other nations. And secondly, Americans are greater users of expensive medical treatments and technologies, such as MRI machines.
3. Housing
Americans spend more money on housing than people in Canada, the United Kingdom, and Japan. In a 2009 study, Americans funneled an average 26% of their expenditures toward shelter.
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