Raising Cane’s Buys 50,000 Lottery Tickets To Split With Its Employees
With the promise of an $810 million prize for the winner, the Mega Millions lottery on July 26 has drawn in quite a crowd this year.
It’s not just individuals who have decided to get in on the action, either.
In fact, the Raising Cane’s restaurant chain decided to purchase 50,000 Mega Millions lottery tickets for its workers ahead of the big drawing.
According to Fox News, Raising Cane’s founder and CEO Todd Graves, along with co-CEO AJ Kumaran, went out together to purchase $100,000 worth of tickets, with a promise to split the winnings amongst their employees if they won.
Kumaran admitted that they didn’t take into consideration how long it would take to print 50,000 tickets. According to Fox News, he said: “By the time we figured it out, it was too late. Now I know it takes about eight hours and lots of pushing the button to get 50,000 tickets printed.”
Buying 50,000 lottery tickets is harder than you think! 😉 Hoping to share the winning jackpot with our 50,000 @RaisingCanes Crew. pic.twitter.com/hLlajBJwlH
— Todd Graves (@ToddGraves) July 25, 2022
The company received a lot of praise for purchasing tickets to share with its employees, but others critized the move as irresponsible. After all, they could’ve used the $100,000 spent on the 50,000 tickets to bless a few employees in a meaningful way, rather than spend the money on a statically improbable win.
According to Mega Millions, the odds of winning the jackpot are around one in 303 million. To put it into perspective, you have much better odds of being struck by lightening, killed by a vending machine, or being born as a conjoined twin.
Odds aside, Graves was hopeful that the winning ticket would be among their 50,000 pile. He tweeted: “I hit the JACKPOT with my great @RaisingCanes Crew so I’m hoping to share this one with them.”
Check out the news segment below:
The big draw didn’t end up producing a winner, but Raising Cane’s is staying positive. Graves said: “Didn’t win the jackpot this morning but we’re always winning with our great Crew!”Whizzco