You won the lottery in 2006 for $22 million and gave your sister $500,000.Your winning contributed how much to GDP?
A)$500,000
B)$22 million
C)$0
D)$21.5 million

Question

Quizplus · Accepted Answer

Winning the lottery and giving a portion of it to your sister does not contribute to the Gross Domestic Product (GDP) because these transactions do not involve the production of new goods or services. GDP measures the value of goods and services produced within a country's borders in a specific time period.

You Won the Lottery in 2006 for $22 Million and Gave