^^We have spent much less than what out account value suggests. It's hard to get the real value, particularly at this time, when due to transition things are pretty bugged. There's no way I have spent that much (close to 8 lakh in both with or without sales) in just 5 years. Would have been broke by now. Lots of free games, bundled games where spent like less 50 bucks per game or even lesser. Heck, the costliest game is Metal Sonic DLC for Sonic and All-Stars Racing Transformed at Rs 4217/-, no way man.
PS: It shoots up to 18.50 lakh in USD, highest grosser is Snow Light @ $100, a game I get in a 2-3 USD bundle.