R78m Lotto jackpot: Self-employed woman claims her share, 2nd winner urged to come forward
A self-employed woman from Johannesburg claimed her half of the R78 million Lotto jackpot, bought for R30 using the quick pick method.
She plans to use her winnings to purchase a home, buy a car and invest in her business by acquiring industrial machinery.
The second winner, whose ticket was purchased via a banking app with a R200 wager, has yet to come forward, despite being notified by their bank.
A self-employed woman who was one of two winners of the R78 million lotto jackpot said she was eager to elevate her business and purchase a family home.
The winner came forward to claim her half of the money from draw number 2 551, held on Wednesday, 18 June.
Meanwhile, Lotto operator Ithuba has urged the second winner to come forward and claim their winnings.
According to Ithuba, the self-employed woman purchased her winning ticket at a superstore in Johannesburg, spending R30 and using the quick pick selection method.
'I was in shock and complete disbelief when I realised I had won,' she exclaimed.
'I couldn't wait to share the news with my husband – it's a moment that will stay with us forever.'
READ | Pensioner wins R12m Lotto jackpot, plans coastal retirement and quality healthcare
With her winnings, she plans to prioritise buying a home and a car, along with expanding her business.
'I'm excited to grow my business and purchase an industrial machine that will really elevate what I do,' she said.
Ithuba CEO Charmaine Mabuza congratulated the winner, saying: 'We're thrilled to see this self-employed South African woman's business ambitions take flight, thanks to her remarkable win. We wish her continued success in all her endeavours.'
Mabuza also called upon the second winner to claim their share of the jackpot.
The second winning ticket, purchased via a banking app with a R200 wager using the quick pick selection method, has yet to be claimed.
Although the winner's bank has notified them of the prize, they have not come forward.
All winners of R50 000 or more are provided with free trauma counselling and financial advice. Additionally, all national lottery winnings are tax free.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
an hour ago
- Yahoo
AngloGold Ashanti (AU) Stock Drops Despite Market Gains: Important Facts to Note
AngloGold Ashanti (AU) closed the most recent trading day at $46.40, moving -3.93% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 1.11% for the day. Elsewhere, the Dow saw an upswing of 1.19%, while the tech-heavy Nasdaq appreciated by 1.43%. The gold miner's stock has climbed by 9.67% in the past month, exceeding the Basic Materials sector's gain of 2.17% and the S&P 500's gain of 3.92%. Analysts and investors alike will be keeping a close eye on the performance of AngloGold Ashanti in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $1.29, reflecting a 115% increase from the same quarter last year. Simultaneously, our latest consensus estimate expects the revenue to be $2.29 billion, showing a 66% escalation compared to the year-ago quarter. In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.91 per share and a revenue of $8.75 billion, indicating changes of +122.17% and +51.09%, respectively, from the former year. It is also important to note the recent changes to analyst estimates for AngloGold Ashanti. Recent revisions tend to reflect the latest near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 13.92% higher within the past month. AngloGold Ashanti presently features a Zacks Rank of #1 (Strong Buy). Investors should also note AngloGold Ashanti's current valuation metrics, including its Forward P/E ratio of 9.84. This expresses a discount compared to the average Forward P/E of 13.02 of its industry. The Mining - Gold industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 53, finds itself in the top 22% echelons of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Make sure to utilize to follow all of these stock-moving metrics, and more, in the coming trading sessions. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report AngloGold Ashanti PLC (AU) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
Yahoo
6 hours ago
- Yahoo
Solid Automotive Berhad (KLSE:SOLID) Shareholders Will Want The ROCE Trajectory To Continue
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key financial metrics. Typically, we'll want to notice a trend of growing return on capital employed (ROCE) and alongside that, an expanding base of capital employed. This shows us that it's a compounding machine, able to continually reinvest its earnings back into the business and generate higher returns. So when we looked at Solid Automotive Berhad (KLSE:SOLID) and its trend of ROCE, we really liked what we saw. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. The formula for this calculation on Solid Automotive Berhad is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.17 = RM41m ÷ (RM330m - RM87m) (Based on the trailing twelve months to January 2025). Thus, Solid Automotive Berhad has an ROCE of 17%. On its own, that's a standard return, however it's much better than the 8.9% generated by the Retail Distributors industry. View our latest analysis for Solid Automotive Berhad Historical performance is a great place to start when researching a stock so above you can see the gauge for Solid Automotive Berhad's ROCE against it's prior returns. If you'd like to look at how Solid Automotive Berhad has performed in the past in other metrics, you can view this free graph of Solid Automotive Berhad's past earnings, revenue and cash flow. Investors would be pleased with what's happening at Solid Automotive Berhad. Over the last five years, returns on capital employed have risen substantially to 17%. The company is effectively making more money per dollar of capital used, and it's worth noting that the amount of capital has increased too, by 48%. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, a combination that's common among multi-baggers. All in all, it's terrific to see that Solid Automotive Berhad is reaping the rewards from prior investments and is growing its capital base. Given the stock has declined 18% in the last five years, this could be a good investment if the valuation and other metrics are also appealing. So researching this company further and determining whether or not these trends will continue seems justified. If you'd like to know more about Solid Automotive Berhad, we've spotted 3 warning signs, and 1 of them is a bit concerning. While Solid Automotive Berhad may not currently earn the highest returns, we've compiled a list of companies that currently earn more than 25% return on equity. Check out this free list here. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.2% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
9 hours ago
- Yahoo
AngloGold Ashanti (AU) Gets Initiated With a Buy at Roth Capital
AngloGold Ashanti plc (NYSE:AU) is one of the 11 Cheap Gold Stocks to Buy According to Hedge Funds. Roth Capital analyst Joe Reagor initiated coverage of AngloGold Ashanti plc (NYSE:AU) with a Buy rating on June 12, setting a $52 price target. The firm reasoned that the company has a 'strong plan for growth,' with its management focused on organic development and acquisitions. A group of miners in hard hats and safety gear descending into a deep coal mine. The analyst also reasoned in a research note that AngloGold Ashanti plc (NYSE:AU) is an attractive investment for generalist investors because of its new dividend policy and strong gold price leverage. Based in the UK, AngloGold Ashanti plc (NYSE:AU) is an independent global gold mining company with a diverse portfolio of exploration activities, projects, and operations spanning nine countries across four continents. The company's portfolio spans the Americas, Africa, and Australia. It also produces sulphuric acid and silver as by-products. While we acknowledge the potential of AU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
