CEO Spends $100,000 on Mega Millions Employee Tickets

The CEO of Raising Cane’s Chicken Fingers, a Louisiana-based fast food restaurant chain, makes a big bet on the lottery. On Monday, Todd Graves announced that he had purchased 50,000 Mega Millions tickets, which he will be sharing with his staff.

The Mega Millions jackpot has reached $810 million. Each ticket costs $2.

Graves, the chain’s founder, spent $100,000 on its 50,000 employees. If he wins, the prize is distributed to all employees.

“Buying 50,000 lottery tickets is harder than you think! Hoping to share the winning jackpot with our 50,000 @RaisingCanes crew,” Graves wrote Twitter.

Raising Cane co-CEO AJ Kumaran confirmed to CNN on Tuesday that the prize will be a “collective ticket for all”.

Graves explained in a press release that he bought the tickets for his crew because of their hard work and that he believes the business couldn’t run without them.

“As soon as we heard how big this jackpot prize was, we couldn’t pass up a 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, so we’re always looking for ways to give them a little more fun, and if we’re lucky, a Wednesday morning surprise,” he added.

The jackpot has a cash value of $470.1 million. There was no indication if Graves will collect the full amount or the cash option. The draw takes place on Tuesday at 11pm ET. CEO Spends $100,000 on Mega Millions Employee Tickets

Fry Electronics Team

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