The average federal tax refund this year will be $2,803.  That's some hot cash right there.  How are YOU going to spend it?

Capital One just released the results of a survey, so you can see how other Americans are going to spend their refunds.

22% will use it to pay down debt . . . 16% will put it in the bank . . . and 4% will invest it.  But at least 35% plan to blow ALL of it.  On WHAT, you ask?

30% will use the money on everyday expenses.  Do those guys know how to party or what?!?

23% will spend it on a vacation.

Find out how others will spend their refund at the link below.

(PR Newswire)