Raising Cane's Owner To Buy $100K In Mega Millions Lottery Tickets

BATON ROUGE, LA — The owner of a popular chicken finger restaurant is getting in on the Mega Millions craze as the prize continues to climb.

Todd Graves, owner of Baton Rouge-based Raising Cane's, is buying 50,000 Mega Millions lottery tickets — one for each employee — for Tuesday's drawing, he announced on the company's YouTube channel. The estimated jackpot for Tuesday's drawing is $830 million.

See also

• Mega Millions Jackpot Grows To $830M, Third-Largest In Game's History

At $2 per ticket, that's $100,000 spent on the lottery tickets. If one of the tickets is a jackpot winner, it will be split among all employees, Graves said.

"If we win, we win together!" Graves said.

The $830 million jackpot is the third-largest in the game's history and fourth-largest in U.S. history. Powerball had the largest jackpot — $1.58 billion — in January 2016, and Mega Millions had jackpots of $1.53 billion in October 2018 and $1.05 billion in January 2021.

The cash value option for the jackpot is $487.9 million. In Louisiana, the net payout of the cash value option of the jackpot would be just over $284 million after federal and state taxes, according to a jackpot analysis from usamega.com.