Bye Bye, Penny! U.S. Government Finally Breaks Up with Its Smallest, Most Annoying Coin

Buy Me A Coffee

Check under the couch cushions one last time—because the U.S. government just announced it’s officially dumping the penny by 2026. That’s right. America’s least useful coin is getting ghosted.

According to the Wall Street Journal, the Treasury Department is done playing games and will stop putting new pennies into circulation by early 2026. It’s the breakup we all saw coming but no one had the guts to initiate. Until now.

The Great Round-Up (or Down)
So what does this mean for your everyday shopping trips? Well, cash transactions will start rounding up or down to the nearest nickel. That means if your bill is $7.02, it could either become $7.00 or $7.05 depending on the store’s mood and the direction of the wind. It’s basically coin roulette!

See also  Keith Morrison, Matthew Perry's Stepfather, Speaks Out After Arrest Made In His Death

Bipartisan Agreement: Everyone Hates the Penny
The penny has managed to do the impossible—get both Democrats and Republicans to agree on something: it’s a waste of space, metal, and time. Presidents Obama and Trump both side-eyed the penny hard. Trump even went full keyboard warrior on Truth Social, saying:

“Let’s rip the waste out of our great nation’s budget, even if it’s a penny at a time.”

Honestly? Iconic. Petty about pennies. We love to see it.

Wait, So It Costs How Much to Make a Penny?
Here’s the jaw-drop moment: the U.S. Mint says it costs almost 4 cents to make one penny. That’s like paying $12 for a $3 iced coffee just because you like the cup. It’s giving “bad financial decisions.”

See also  Donald Trump Says He Won't Debate Kamala Harris Again Because He "Clearly" Won

Cutting the penny could save us $56 million a year. That’s enough to buy everyone in the country like… a snack. Maybe. Still, a win is a win.

The Mint’s Final Countdown
The U.S. Mint will keep making pennies until it runs out of the metal discs they stamp them on. The final batch of these “penny blanks” has already been ordered—so if you’re emotionally attached to these mini copper tokens, now’s the time to start hoarding.

But Wait—Can I Still Use My Stash?
Yes! If you’ve got a piggy bank full of pennies, don’t panic. They’ll still be legal tender. You just might look a little unhinged trying to pay for a latte with 476 of them.

Meanwhile, businesses will need to update their pricing game and learn how to round. And if you’re paying with card or Apple Pay? You’ll still be charged the exact amount—no weird math involved.

See also  Jimmy Kimmel's Son Undergoes Third Open Heart Surgery

Tax Drama Incoming?
Because we can’t have anything nice, the Treasury is also asking state and local governments to help stores figure out how to still collect the correct sales tax when things are rounded. Spoiler alert: it’s going to be chaotic at first. Expect some deeply confused cashiers and mildly irritated customers.

The penny is out, vibes are up, and America is saving a few million bucks. So if you see a penny on the ground… pick it up. It might be the last one you ever see. Or just walk past it like everyone else already does.

Bye Bye, Penny! U.S. Government Finally Breaks Up with Its Smallest, Most Annoying Coin

Comments area

Sidebar

Must Read

Beyonce Reveals The Title Of Her ‘Act II’ Album: ‘Cowboy Carter’

Yee-haw! Get ready to giddy up because Beyoncé ain't...

Lizzo Reacts To Feature In ‘South Park’ Ozempic Special

Lizzo is reacting to her shoutout in a new...

Macklemore Cancelled His Concert In Dubai Due To UAE’s Involvement In Sudan War

Macklemore, the thrift-shopping, fedora-rocking, socially-conscious rapper we all know...

Ricky Martin Shares A Shirtless Thirst Trap On Social Media

Ricky Martin, a.k.a. the original heartthrob who made us...

Robert Pattinson Spotted Out In A Mask After Welcoming First Child

Guess who's dodging dirty diapers like a pro? Yep,...

Prince William Plays Pool While Visiting Manchester Youth Group

Prince William, the pool prodigy, took a break from...

Chappell Roan Talks About Mental Health And Her Stage Alter-Ego

Chappell Roan’s whirlwind rise to stardom has her doing...

Wendy Williams’ Family Want Her to Leave Treatment Facility

Wendy Williams' family is on a mission, and it's...

Piers Morgan Remembers Matthew Perry

Piers Morgan recently took a stroll down memory lane,...

You Might Also Like

Jamie Lynn Spears Drops Hint That She Might Be On Ozempic

Jamie Lynn Spears recently made a bold fashion statement...

‘Project Runway’ Renewed For A 21st Season With New Judges, A New Host, And A New Channel

Project Runway, the ultimate playground for fabric fanatics and...

Virginia Giuffre Laid to Rest, But Her Legacy Refuses to Sit Still

Virginia Giuffre, the American-Australian truth-teller, survivor, and all-around powerhouse...

King Charles Unveils Vision for Britain’s Future in King’s Speech

King Charles has just waltzed into the State Opening...

Hunter Schafer vs. The Passport Bureau: The Gender-Bending Plot Twist No One Asked For

Hunter Schafer just lived through a government-induced plot twist...