The Kentucky Derby—which is often referred to as the "most exciting two minutes in sports"—will return to Louisville’s Churchill Downs Racetrack for the 145th year on Saturday, May 4th. While the historic horse race itself may not last long, the hoopla surrounding it is a much bigger affair (as are the hats).

So grab a mint julep (120,000 of them are served at the event each year) and take a look at WalletHub's breakdown of the finances and fashions surrounding this year's Kentucky Derby.

Source: WalletHub