Raising Cane’s CEO purchases lottery ticket for all of restaurant’s 50,000 employees

Todd Graves, founder of Raising Canes, poses for a photo inside the restaurant
Todd Graves, founder of Raising Canes, poses for a photo inside the restaurant Photo credit USA TODAY Network

This might be the world’s largest lottery office pool, and it’s all thanks to Raising Cane’s CEO Todd Graves.

Graves recently purchased 50,000 Mega Millions tickets, one for each of the restaurant chain’s employees.  If one of them draws the lucky number, they would all split the winnings evenly.

Live On-Air
Ask Your Smart Speaker to Play Ninety eight point seven K Love
98.7 KLUV
Listen Now
Now Playing
Now Playing

If the company does win, and opts for the cash option, each Raising Cane’s employee would take home about $9,400 before taxes!

Graves said in a statement per CBS News, “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.  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.”

At $2, purchasing all of the tickets cost Graves about $100,000.

The next Mega Millions drawing is set for 11 p.m. ET. Tuesday evening.  Jackpot winners have the option to receive their winnings in the form of one lump sum payment of about $470 million, or in annual payments over 30 years.

The odds of winning the Mega Millions jackpot are 1 in 302,575,350.

LISTEN on the Audacy App

Sign Up and Follow 98.7 KLUV

Facebook | Twitter | Instagram

Featured Image Photo Credit: USA TODAY Network