Raising Cane’s buys 50K lottery tickets for employees: ‘It’s how we do business
Raising Cane’s CEO AJ Kumaran shares why he bought 50,000 lottery tickets for all his employees as the Mega Millions jackpot hits $810 million
As the Mega Millions jackpot rises to an estimated $810 million ahead of Tuesday night’s drawing, one restaurant chain is getting in on the action – for all its employees.
Raising Cane’s CEO AJ Kumaran told "Fox & Friends" on Tuesday that the company bought 50,000 lottery tickets, one for each employee.
"It’s not a joke," Kumaran said. "We’ve been around for 25 years now. We’ve always believed in staying together as a family, taking care of each other, everything."
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"Things are hard out there," Kumaran added. "People are seeing it in their grocery tills, in their gas stations, all of it. So when [the] jackpot came to this big, large number, we wanted to do this."
The Mega Millions jackpot rose to $810 million, with a cash value of $470.1 million, after no winner matched the numbers at previous drawings.
Raising Cane’s founder and former CEO Todd Graves agreed to pay for the tickets, Kumaran explained.
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Kumaran said that after Graves sent Raising Cane’s executives the money, they had to visit multiple banks to get all the cash – since lottery tickets can only be bought with cash – and then went to two gas stations to get all the tickets printed.