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Todd Graves is buying one ticket on behalf of each of his 50,000 employees

Posted on 7/25/22 at 2:28 pm
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167272 posts
Posted on 7/25/22 at 2:28 pm
quote:

BATON ROUGE, La. (WVUE) - The founder of Raising Cane’s is buying a $2 Mega Millions ticket for each of his employees as the jackpot grows to the fourth-largest prize ever.

The next Mega Millions drawing will be held Tuesday, July 26. Lottery officials have raised the grand prize to $810 million. The prize has grown large because there hasn’t been a winner in three months, from its $20 million starting point in April.

Todd Graves is buying one ticket on behalf of each of his 50,000 employees. If any of the tickets wins the mammoth prize, he says every Cane’s employee stands to win thousands of dollars.

“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. “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.”


LINK

The price of a combo just went up .50 cents more to offset this
Posted by Splackavellie
Bayou
Member since Oct 2017
9830 posts
Posted on 7/25/22 at 2:30 pm to
Screw him and his tiny arse tenders.




























This is pretty cool though.
Posted by DontThreadOnMe
Member since Jul 2022
364 posts
Posted on 7/25/22 at 2:33 pm to
Now imagine being the employee that has to go through 50000 tickets to find all the winners.
Posted by wheelr
Member since Jul 2012
5147 posts
Posted on 7/25/22 at 2:34 pm to
A creative marketing campaign that also gets the employees hopes up. Gotta admit it is pretty smart.
Posted by sqerty
AP
Member since May 2022
4987 posts
Posted on 7/25/22 at 2:37 pm to
So, everybody gets like $6 grand?
Posted by Topwater Trout
Red Stick
Member since Oct 2010
67590 posts
Posted on 7/25/22 at 2:38 pm to
quote:

So, everybody gets like $6 grand?


if there aren't multiple winners
Posted by thejudge
Westlake, LA
Member since Sep 2009
14061 posts
Posted on 7/25/22 at 2:39 pm to
Estimating taxes looks like a little over 10k maybe
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 7/25/22 at 2:39 pm to
Sweet I am going fill out an application
Posted by whatiknowsofar
hm?
Member since Nov 2010
21048 posts
Posted on 7/25/22 at 2:41 pm to
Worked at the 1st store on campus back in my college days. Todd is good people.
Posted by Topwater Trout
Red Stick
Member since Oct 2010
67590 posts
Posted on 7/25/22 at 2:41 pm to
quote:

Estimating taxes looks like a little over 10k maybe


cash prize is about 60% of the total jackpot...then apply taxes
Posted by MorbidTheClown
Baton Rouge
Member since Jan 2015
65988 posts
Posted on 7/25/22 at 2:42 pm to
would be better if he bought 50k tickets and gave 1 to each employee.

i wouldn't trust the ticket checker to be honest enough to say 1 of the tickets was a winner.
This post was edited on 7/25/22 at 2:44 pm
Posted by Shexter
Prairieville
Member since Feb 2014
13881 posts
Posted on 7/25/22 at 2:42 pm to
quote:

So, everybody gets like $6 grand?


$6 grand minus the 30% smaller size. They call it Nugget Math.
Posted by ell_13
Member since Apr 2013
85040 posts
Posted on 7/25/22 at 2:42 pm to
Had no idea he employed that many people.
Posted by keakar
Member since Jan 2017
30026 posts
Posted on 7/25/22 at 2:44 pm to
quote:

Todd Graves is buying one ticket on behalf of each of his 50,000 employees. If any of the tickets wins the mammoth prize, he says every Cane’s employee stands to win thousands of dollars.



odds are better to get something that way rather than each getting just one ticket

company gets to use it as a great tax write off and the company gets free publicity from it
This post was edited on 7/25/22 at 2:47 pm
Posted by Tigeralum2008
Yankees Fan
Member since Apr 2012
17138 posts
Posted on 7/25/22 at 2:44 pm to
quote:

Worked at the 1st store on campus back in my college days. Todd is good people.



Dunno if they are stil together but his wife in 2008ish would bring Raisin' Cane to the OLOL Children's hospital to visit patients. She and Cane were delightful
Posted by Tom Servo
Member since Aug 2009
517 posts
Posted on 7/25/22 at 2:46 pm to
What happens if all 50,000 tickets are losers, but the one he bought for his wife wins?
Posted by Sput
Member since Mar 2020
7946 posts
Posted on 7/25/22 at 2:46 pm to
What is gonna suck is having to split that one free ticket they win 50,000 ways
Posted by tduecen
Member since Nov 2006
161244 posts
Posted on 7/25/22 at 2:46 pm to
470.1 million payout...
Posted by stout
Smoking Crack with Hunter Biden
Member since Sep 2006
167272 posts
Posted on 7/25/22 at 2:47 pm to
quote:

What is gonna suck is having to split that one free ticket they win 50,000 ways




These arent scratch offs. Not how it works
Posted by DontThreadOnMe
Member since Jul 2022
364 posts
Posted on 7/25/22 at 2:48 pm to
quote:

would be better if he bought 50k tickets and gave 1 to each employee.



If he wanted to potentially piss off 49,999 employees, sure.
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