Found: A Killer Derby Ensemble For Under $40 — Hat Included

The Kentucky Derby is this Saturday, and you already know where you're going to watch it, which horsey you'll be placing bets on, and what you're going to drink (mint juleps, obviously!). But did you think about what you're going to wear? Just because you may be headed to a house party or bar doesn't mean you can't look like a Southern belle — even without the big bank account.

Just when you thought you were too old to hit up discount clothing store Discovery, it wows us with a full-blown, sophisticated Kentucky Derby ensemble that looks our age — um, whatever that is. View the race in a crisp, white dress that can easily be worn all summer long in a multitude of different ways. In this case, its paired with a solid black belt to match the coordinating black pumps. Of course, no Derby outfit would be complete without a wide-brimmed hat. We love this one so much, we already have plans to wear it at the beach. The best part? You'll look like a million bucks, but you'll only have to shuck out less than $40. This is one gamble you can't lose.

Click through to check out this chic-yet-cheap Derby day look!