Today, working for minimum wage pretty much means living at or barely above the poverty line. If you live in Georgia or Wyoming, for example, and you make $5.15 an hour, you have the dubious honor of receiving the lowest minimum wage rate in the country. Assuming you work 40-hour weeks and are paid for 52 weeks a year (so you either don’t take any vacation and sick days or you have those paid by your employer), you’d be living on $206 a week, barely above $10,712 a year.