Raising Cane's Founder Todd Graves has bought 50,000 Mega Millions tickets (cost of $100,000) and if the fast food founder wins he plans to split the profit with his 50,000 employees.
If Graves were to win and take the $470 million cash option, that will leave each employee with about $7,000 after taxes.
MEGA MILLIONS MANIA: The founder of the Raising Cane's restaurant chain is buying tickets for all of the company's 50,000 employees. If any of the tickets hit the lucky numbers, the prize money would be split among workers. 🤑🍗💰 https://t.co/IPb9MkaV13 pic.twitter.com/uqNowyOEkS
— ABC7 Eyewitness News (@ABC7) July 26, 2022
“As soon as we heard how big this jackpot prize is, we couldn’t miss out on the chance to win the Mega Millions jackpot and share it with our Crew who always stand together,” Graves said in a statement. “None of what we do at Cane’s would be possible without our Crew, which is why we are always looking for ways to bring them a little extra fun, and if we’re lucky, a surprise on Wednesday morning.”
Graves took to Twitter to show that buying 50,000 lottery tickets is harder than you think.
— Todd Graves (@ToddGraves) July 25, 2022
Win or lose it's a great way to show appreciation for the employees and it also brings brand recognition to Raising Cane's.
Before the Cane's employees start planning what to do with their winnings, they should realize the odds of winning the Mega Millions jackpot currently stand at more than 302 million to one. For a little comparison, becoming a saint has a one in 20 million chance of happening.
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