Wow $119 Billion, Imagine what one could do with that boat load of cash but we fritter it all away, gambling.

The Economist compiles data on financial matters and recently came up that Americans blew $119 billion in casino gambling in 2013. That's some crazy money.

Another one of those crazy stories we had on The Morning Sideshow, we also learned that China lost $76 billion with Japan coming in third losing $31 billion in gambling alone.

Is gambling the new past-time? Especially when you consider how much we lose.

No worries we're going to win it all back this year right?