Fast Food Owner Buying 50K Mega Millions Tickets

That's one for each of his employees
By Evann Gastaldo,  Newser Staff
Posted Jul 26, 2022 3:02 AM CDT
Updated Jul 26, 2022 6:31 AM CDT
Fast Food Owner Buying 50K Mega Millions Tickets
A Mega Millions play-slip for those players preferring to choose the numbers they want to play is among the stacks of other lottery game play-slips displayed in Cranberry Township, Pa., Friday, Jan. 22, 2021.   (AP Photo/Keith Srakocic, File)

The Mega Millions jackpot is now at its fourth-highest amount ever: $810 million. Among those hoping to cash in on the massive winnings is the entire workforce of Raising Cane's Chicken Fingers. The owner of the fast food company is buying the equivalent of one ticket for each of his 50,000 employees. At $2 a pop, that adds up to a $100,000 spend. If one of those tickets is a winner, all the employees will share the prize, which could be $10,000 or $20,000 apiece after "taxes and everything else," as TMZ puts it.

"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," Todd Graves tells Fox 8. With the jackpot so high, you might be wondering if you, too, should take your chances and buy a ticket before Tuesday night's drawing. If so, WBAL-TV runs some of the numbers: You have a one in 302.5 million chance of being the big winner, or a one in 12.6 million chance of winning just $1 million. If you do win and you choose the cash option, you'll get an estimated $470.1 million, which then drops down to less than $300 million after federal and possibly state taxes are accounted for. (More Mega Millions stories.)

Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X