This CEO bought lottery tickets for 50,000 employees

by time news

Jackpot tickets were awarded to each employee by spending $2 each. This CEO spent $100,000 on lottery tickets.

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First Published Jul 30, 2022, 5:00 PM IST

AThe CEO of the American fast food chain Raising Cane’ gave all his employees lottery tickets. Rising Cane Company has 50,000 employees across the US. Jackpot tickets were given to each employee by spending $2 each. Graves, the CEO of the Rising Can’s fast food chain, spent $100,000 on the jackpot.

The prize money for the jackpot was $830 million, which Graves said he plans to split equally among all employees of the Rising Can’s fast-food chain. On July 26, he tweeted a video of himself printing 50,000 tickets. Sharing the video, he noted that generating 50,000 lottery tickets is harder than you think.

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Graves’ co-CEO AJ Kumaran said he wants to help his employees amid the rising cost of living, CNN reported. There will be an increase in the salary of the employees soon. The Rising Cane Company has specified.

According to Graves, this helps reduce the stress on employees during work hours. He clarified that Jackpot tickets were given to the employees to give them fun and happy moments. Graves decided to split the winnings among the 50,000 tickets equally among his employees.

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Last Updated Jul 30, 2022, 5:01 PM IST

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