Entrepreneur Andrew Yang. Photo: Win McNamee/Getty Images

Andrew Yang's 2020 presidential campaign told Politico on Monday that more than 450,000 people entered its universal basic income raffle, raising $1 million in the 72 hours after Yang's appearance in last week's third Democratic debate.

Why it matters: Yang raised $2.8 million during the second quarter, making the contest, which will give 10 families $120,000 over a year, a huge boon for his fundraising efforts.

  • Politico also reported that 90% of the entrants to the contest provided email addresses that were not previously on Yang's list and that he gained the most Twitter followers of any candidate during the debate.

Yes, but: Yang's contest could potentially run afoul of FEC rules that prohibit campaign funds from being used on "personal expenses." However, the agency likely will not be able to investigate the situation because it is virtually shut down after the resignation of one of its commissioners last month prevented it from establishing a quorum.

What they're saying: "We've got a 21st century candidate and we're running a 21st century campaign. ... That's something not many of our competitors can say," Yang's campaign manager Zach Graumann told Politico.

Go deeper: Andrew Yang gets media cold shoulder

Go deeper

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 7 p.m. ET: 31,759,233 — Total deaths: 973,904 Total recoveries: 21,811,742Map.
  2. U.S.: Total confirmed cases as of 7 p.m. ET: 6,939,645 — Total deaths: 201,861 — Total recoveries: 2,646,959 — Total tests: 96,616,779Map.
  3. Health: CDC director says over 90% of Americans have not yet been exposed to coronavirus — Supply shortages continue to plague testing.
  4. Politics: Missouri Gov. Mike Parson tests positive for coronavirus — Poll says 51% of Republicans trust Trump on coronavirus more than the CDC.
  5. Technology: The tech solutions of 2020 may be sapping our resolve to beat the coronavirus
  6. Vaccines: Johnson & Johnson begins large phase 3 trial — The FDA plans to toughen standards.
  7. Sports: Less travel is causing the NBA to see better basketball.

Trump refuses to commit to peaceful transfer of power if he loses

President Trump repeatedly refused to say on Wednesday whether he would commit to a peaceful transition of power if he loses the election to Joe Biden, saying at a press briefing: "We're going to have to see what happens."

The big picture: Trump has baselessly claimed on a number of occasions that the only way he will lose the election is if it's "rigged," claiming — without evidence — that mail-in ballots will result in widespread fraud. Earlier on Wednesday, the president said he wants to quickly confirm a replacement for Justice Ruth Bader Ginsburg because he believes the Supreme Court may have to decide the result of the election.

"Not enough": Protesters react to no murder charges in Breonna Taylor case

A grand jury has indicted Brett Hankison, one of the Louisville police officers who entered Breonna Taylor's home in March, on three counts of wanton endangerment for firing shots blindly into neighboring apartments.

The state of play: Angering protesters, the grand jury did not indict any of the three officers involved in the botched drug raid on homicide or manslaughter charges related to the death of Taylor.

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