logo
Canton Main Street Stewart's sells $10 million lottery ticket

Canton Main Street Stewart's sells $10 million lottery ticket

Yahoo14-05-2025

May 14—Canton Main Street Stewart's sells $10 million lottery ticket
CANTON — A Stewart's Shops customer in Canton recently struck it rich, winning $10 million with a $10 Million Bonus scratch-off ticket purchased at the convenience store on East Main Street.
According to a press release from Stewart's, the lucky customer, who enjoys coffee and playing the lottery, bought the winning ticket on May 3.
Stewart's found out about the winner because they returned to the store recently to share the news, according to Stewart's Public Relations Manager Robin Cooper.
Cooper said the New York State Lottery may be making an announcement soon, depending on the process with the winner.
"We just heard it from the folks in our shop," he said.
Cooper said he talked to the lottery commission about the win.
Brad Maione, a spokesperson for the state Gaming Commission, said a winning ticket from Canton had been confirmed.
To determine the veracity of the ticket, a security and integrity review is underway, Maione said, which can take from four to six weeks to complete.
Once the ticket is verified, an announcement will be made. The winner has the right to remain anonymous, he said.
This marks the second time a Stewart's Shops customer has won a jackpot of more than $1 million this year. Earlier this year, a customer at the Sharon Springs, Schoharie County, location won a $3.37 million lump-sum payment with a Set For Life ticket.
The winner at the Canton Stewart's was playing a $30, $10,000,000 Bonus scratch-off ticket. The ticket operates similarly to other lottery scratch-off games. Players match their numbers to the winning numbers.
The game features multipliers, and revealing a coin symbol where a player's number matches automatically wins the prize.
Stewart's Shops reported that more than 15 of its customers, including the Canton winner, have won prizes of $10,000 or more playing scratch-off tickets at various locations this year, for a total of more than $15 million.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Cooper-Standard Holdings Inc. (CPS): A Bull Case Theory
Cooper-Standard Holdings Inc. (CPS): A Bull Case Theory

Yahoo

time7 hours ago

  • Yahoo

Cooper-Standard Holdings Inc. (CPS): A Bull Case Theory

We came across a bullish thesis on Cooper-Standard Holdings Inc. (CPS) on Deep Value Capital's Substack. In this article, we will summarize the bulls' thesis on CPS. Cooper-Standard Holdings Inc. (CPS)'s share was trading at $21.94 as of 6th June. CPS's trailing and forward P/E were 4.26 and 62.89 respectively according to Yahoo Finance. Copyright: wihtgod / 123RF Stock Photo Cooper Standard remains a high-upside turnaround story, albeit one whose recovery has taken longer than expected. The stock is down over 90% from its highs, but the fundamental thesis remains intact. Since 2019, the company has aggressively restructured, removing over $600 million in structural costs while continuing to supply critical vehicle systems to top-tier original equipment manufacturers. This operational discipline, paired with its reputation, underscored by being named a General Motors Supplier of the Year for the eighth consecutive time, speaks to the strategic importance and quality of Cooper Standard's offerings. Despite external headwinds that have delayed its recovery, such as global supply chain disruptions and inconsistent vehicle production volumes, the company's earnings power at normalized industry volumes remains highly attractive. If volumes were to return to prior cycle peaks, the business has the potential to deliver more than 12x returns from current levels. This upside is driven by significant operating leverage now embedded in the business, thanks to the deep cost cuts already executed. While timing the recovery remains uncertain, the thesis centers on durability and long-term normalized profitability rather than near-term catalysts. For long-term investors, this remains a classic deep-value setup: a mission-critical supplier with leaner operations, high customer stickiness, and asymmetric upside potential. Unless new information fundamentally alters the long-term economics of the auto supply chain or Cooper Standard's position within it, the investment case remains a bet on mean reversion and operating leverage. The delay in realization may test patience, but it does not invalidate the thesis. Previously, we highlighted a on Cooper Standard from Busy Investor Stock Reports, which emphasized the company's dramatic cost reductions and margin recovery despite soft volumes. With revenue per vehicle rising and EBITDA expected to grow 20% even under conservative production forecasts, the thesis framed CPS as a near-term cash flow story with asymmetric upside if auto production surprises to the upside. The stock price has appreciated by approximately 39% since then. Cooper-Standard Holdings Inc. (CPS) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 15 hedge fund portfolios held CPS at the end of the first quarter which was 14 in the previous quarter. While we acknowledge the risk and potential of CPS as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: 8 Best Wide Moat Stocks to Buy Now and 30 Most Important AI Stocks According to BlackRock. Disclosure: None. This article was originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Sources: Despite new offer, MLS, players not close on Club World Cup bonus deal
Sources: Despite new offer, MLS, players not close on Club World Cup bonus deal

New York Times

timea day ago

  • New York Times

Sources: Despite new offer, MLS, players not close on Club World Cup bonus deal

Major League Soccer made a proposal to the MLS Players Association that would increase performance-based bonuses in this summer's FIFA Club World Cup, but the two sides don't appear close to an agreement. The league sent the proposal to the league on Friday, according to a source briefed on the discussions between the league and the union. The union responded forcefully to that offer in a statement on Sunday afternoon, calling the league's proposal 'retaliatory' and saying the league had 'ignored months of attempts by players to engage' until making its offer on Friday. Advertisement According to the terms of the current collective bargaining agreement, which was ratified in February 2021, MLS players would be paid a maximum of $1 million in prize money from the highly lucrative tournament. MLS teams will be paid a minimum of $9.55 million for their participation in the Club World Cup. The $1 million cap comes from section 10.8 of the CBA, which defines tournament bonus pools. That section lays out payouts for known tournaments, like the U.S. Open Cup, Concacaf Champions Cup and Leagues Cup. What it didn't account for at the time was a new FIFA-run tournament with unprecedented prize money. The new MLS proposal would give players the $1 million from the $9.55 million participation fee, as agreed in the CBA, but would add another 20 percent to any money earned beyond that — including for wins, draws and advancement to further rounds. In addition, MLS previously decided to pay LAFC players an additional $250,000 in bonuses for its win over Club America in the play-in game to the Club World Cup, which followed Club León's expulsion from the competition. The league also gave an option for owners to convert up to $750,000 of the $9.55 million participation fee into general allocation money, which effectively serves as cap space. All three teams opted to max out that $750,000, according to multiple sources. The Seattle Sounders staged a protest ahead of their game against Minnesota United on June 1 regarding the $1 million cap on the bonuses. According to multiple reports, Sounders owner Adrian Hanauer angrily confronted the team after the game for the protest. The source said the league had been in weeks of discussions with the MLSPA about the bonuses and that MLS communicated to the union on May 31 that it was willing to alter the CBA and expected to send a formal proposal on June 2 regarding the bonus structure. Advertisement The union's statement pushed back heavily both on MLS's offer and on its willingness to engage on the issue in the weeks leading up to the protest. 'MLS spent most of last week making threats and promising retaliation against the MLSPA and players because Seattle players wore T-shirts that expressed frustration over the league's refusal to engage about Club World Cup compensation,' the statement read. 'After ignoring months of attempts by players to engage, late Friday afternoon, less than 48 hours before LAFC and Seattle players were to take the field once again, the league finally provided the PA with their first proposal on this issue. As promised, this proposal was retaliatory in nature.' The union statement outlines the MLS offer as not adding any bonuses to the participation fees paid out by FIFA beyond the $1 million outlined in the CBA. The union statement then classified the 'back-end compensation' of 20% as being 'below the international standard.' An update on Club World Cup Bonuses. MLS spent most of last week making threats and promising retaliation against the MLSPA and players because Seattle players wore t-shirts that expressed frustration over the league's refusal to engage about Club World Cup compensation. More… — MLSPA (@MLSPA) June 8, 2025 In addition, the union said the league is attempting to strong-arm the MLSPA into making concessions around the CBA waivers that have been issued the past several seasons regarding offseason timing for teams participating in the Concacaf Champions Cup. 'The timing, substance, and retaliatory nature of the proposal sends a clear message: MLS does not respect or value players' efforts with regard to this tournament,' the MLSPA statement reads. 'Although not surprised, the players and the MLSPA are deeply disappointed by this message. Advertisement 'MLS's refusal to negotiate in good faith has created a major distraction for the players who should be focusing on preparing for a major international competition. However, players will not be silenced by threats from MLS. The players remain united in using their collective voice and demanding a fair share of the rewards earned from their hard work.' It is not clear what 'international standard' the MLSPA is using in its appraisal of MLS's offer. There have been few public details about what other teams are paying players for their participation in the tournament. The source said the MLSPA communicated a desire for players to receive 40 percent of all money distributed to MLS teams by FIFA, including the participation fee and any performance payments for results or advancement in the tournament. The discussions come at a delicate time for the league as it weighs major changes at the board level, including flipping the calendar to a fall-spring format. That change would require player approval and changes to the CBA. With the relationship between the league and the union seeming increasingly frosty, it could complicate those larger discussions. Inter Miami opens the Club World Cup against Al Ahly on June 14.

Water boss 'already rejected' bonus before new law
Water boss 'already rejected' bonus before new law

Yahoo

time3 days ago

  • Yahoo

Water boss 'already rejected' bonus before new law

The boss of Yorkshire Water said she had decided to turn her bonus down before new legislation was introduced that would prevent her from receiving it. Nicola Shaw, who accepted a £371,000 bonus last year, said it would "not be appropriate" to accept the payment on top of her salary this year. It comes as Yorkshire Water recognised it needed to "do better" when it came to its performance on pollution. The water company was most recently prosecuted and fined £350,000 after a water course was polluted with sewage near York. Under the new rules, which came into effect yesterday, six firms were banned from paying "unfair" bonuses to their executives this year. It included Yorkshire Water, Anglian Water, Southern Water, Thames Water, United Utilities and Wessex Water. The measures apply to water companies that do not meet environmental and consumer standards, are not financially resilient or have been convicted of a criminal offence. A Yorkshire Water spokesperson said: "Our CEO, Nicola Shaw, had already made the decision that it would not be appropriate for her to receive an annual bonus this year due to the company's performance on pollution and a recognition that we need to do better for the communities we serve and earn trust. "She has also taken the decision to waive her entitlement to an additional bonus that would have vested under our longer-term incentive scheme. "We are determined to make improvements to our performance so we can deliver our part in creating a thriving Yorkshire, doing right for our customers and the environment." The company received public backlash in December when its CEO took home a six-figure bonus despite plans to increase bills by 41%. At the time, Nicola Shaw told the BBC the price hike would pay for supply upgrades and go towards reducing sewage discharges and storm overflows and her bonus came from shareholders rather than customers. However, she previously declined a bonus in 2023, based on the company's record on river health. Listen to highlights from West Yorkshire on BBC Sounds, catch up with the latest episode of Look North. Third of water bill cash goes on debt and dividend Water boss declines bonus following criticism Bosses' bonuses banned at six water companies Yorkshire Water Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store