$1.1B Mega Millions lottery: Retailers can also win
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
Lottery players are not the only ones hoping to win big when the winning numbers are drawn for Tuesday night's estimated $1.1 billion Mega Millions jackpot ($568.7 million cash). Ticket sellers can earn a bonus of up to $1 million, depending on their state.
Payouts can happen even before those prizes are claimed.
The rules vary from state to state. Ohio, for example, pays up to $100,000 to retailers who sell jackpot-winning tickets. In Illinois, retailers can get up to a $500,000 bonus and in California, that benefit tops out at $1 million.
The state lotteries say it’s part of their efforts to encourage retailers to promote ticket sales. Some business owners say they also often see at least a temporary surge in business, as superstitious players stop off to buy their tickets at a spot where someone hit it big.
MEGA MILLIONS HITS $1.1B: HOW THE FED IS FUELING WHALE-SIZED JACKPOTS
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