Raising Cane’s Founder Buys 50,000 Mega Millions Lottery Tickets

The founder of the chicken fast food chain Raising Cane’s Chicken Fingers is diversifying his portfolio in an unusual way: by buying into the lottery.

Todd Graves shared a video of the lottery ticket machine pumping out tickets on Monday afternoon.

"Buying 50,000 lottery tickets is harder than you think! Hoping to share the winning jackpot with our 50,000 @RaisingCanes Crew," he captioned the post.

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 Mega Millions jackpot, as of Monday night, was $810 million. If won at that amount, CNBC reported, it would mark the fourth-largest lottery prize ever awarded.

“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,” Graves said in a release. “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.”

Related: Raising Cane’s puts corporate staff to work as fry cooks, cashiers amid staffing shortage

Raising Cane’s Chicken Fingers co-CEO and COO AJ Kumaran told TODAY Food he had personally bought the tickets for Graves, who is currently out of the country. He said the total cost was $100,000 and the tickets took seven or eight hours total to print out.

"Times are hard and things are tough," Kumaran said. "And we hear from local members, they see it. They see it in the grocery store shelves, they see (it) in the gas station."

So when the corporate team saw the lottery get to the largest jackpot ever, they decided to "have some fun with it."

Graves paid for the tickets with his personal money, Kumaran said, noting that companies can’t play the lottery.

"So if we win, we will split it evenly amongst all 50,000 of us… It'll be a good day for all of us," he laughed. "Pray for us!"


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