This fast-food restaurant's founder bought a lottery ticket for the $810 million Mega Millions jackpot for all 50,000 of his employees

CNN/Stylemagazine.com Newswire | 7/26/2022, 3:17 p.m.
The Mega Millions lottery jackpot grew to an estimated $810 million Tuesday and players are testing their luck nationwide -- …
The founder of fast-food restaurant chain Raising Cane's bought 50,000 lottery tickets for employees. Mandatory Credit: Kirby Lee/AP

Originally Published: 26 JUL 22 12:48 ET

By Alisha Ebrahimji, CNN

(CNN) -- The Mega Millions lottery jackpot grew to an estimated $810 million Tuesday and players are testing their luck nationwide -- including Todd Graves, the founder of fast-food restaurant chain Raising Cane's.

At $2 a ticket, Graves spent $100,000 and bought 50,000 tickets Monday, one for each of his 50,000 employees at the chicken chain with locations in 35 states.

"Times are tough out there," Raising Cane's CEO AJ Kumaran told CNN. "(Employees are) seeing it at their gas stations and gas pumps, they're seeing it on their grocery shelves ... Things aren't exactly easy these days, so when we saw there is a chance to not only have a little fun, but maybe win a little bit extra money for our people, we wanted to do it."

Tuesday's draw has an estimated cash value of $470.1 million. If won, it will be the third largest Mega Millions jackpot prize in the game's history, according to the lottery's website.

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

If any of the 50,000 tickets produce a winner, Kumaran said the prize will be distributed across all employees, calling it a "collective ticket for everybody."

The feedback from employees has been nothing but excitement and anticipation for the draw, Kumaran said.

Friday's winning numbers were 14, 40, 60, 64, 66, plus the gold Mega Ball 16.

The biggest Mega Millions jackpot was $1.537 billion on October 23, 2018, and was sold in South Carolina, according to the lottery's website. Only four Mega Millions jackpots have been won to date in 2022 -- in California, New York, Minnesota and Tennessee.

If Tuesday's draw doesn't produce a winner, Kumaran said the chain plans on playing again.

"If there is no winner, we're going to buy until there is a winner," he said.