The Mint Julep is the traditional Kentucky Derby drink. It is made with crushed ice, water, mint, and Kentucky Bourbon. Almost 120,000 Mint Juleps are sold each year during the two days of the running of the Oaks and Kentucky Derby.
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The answer is Bourbon, the Kentucky Derby sells a traditional drink called The Mint Julep made with Bourbon, mint and sugar.
It is really nothing more then bourbon, sugar and water (mostly as shaved ice) with a sprig of fresh mint (spearmint) as a garnish. It's the traditional drink at the races.
My first Mint Julip, my second Mint Julip ... I can't remember anything after that....