Man wins $2 million off scratch-off in Ohio
[DOWNLOAD: Free WHIO-TV News app for alerts as news breaks]
Dave won the top prize on the Ohio Lottery's $2,000,000 Cash Blast, according to the Ohio Lottery.
TRENDING STORIES:
STAY INFORMED: Schools announce delays after wintry weather moves through region
Snow emergency issued for area counties; What does it mean?
Deputies rescue 'severely malnourished' horses, goats; man facing animal cruelty charges
He won the cash prize of $80,000 a year for 25 years, a $2 million prize, the Ohio Lottery stated.
Dave chose the cash option prize of $1 million.
After mandatory state and federal taxes that total 28 percent, he will receive $720,000, the Ohio Lottery said.
Dave purchased the winning ticket at Jefferson Woods Duchess #1201 in Newark, Ohio.
The $2,000,000 Cash Blast is a $20 scratch-off with a top price of $2 million.
[SIGN UP: WHIO-TV Daily Headlines Newsletter]
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
New York Post
15 hours ago
- New York Post
Disgraced news achor admitted to COVID fraud scheme in text to hubby: ‘We don't quite qualify'
A former Emmy-nominated TV news anchor convicted in a billion-dollar COVID fraud scheme sent a scandalous text to her partner in crime that joked about cheating taxpayers out of taxpayer money. Stephanie Hockridge-Reis, who worked for a local station in Phoenix before becoming a fintech entrepreneur, sent the message to her husband, Nathan Reis, after applying for Payment Protection Program (PPP) loans during the height of the pandemic. 'This is us trying to apply for free money — when we don't quite qualify. lol,' she texted Reis, 47, according to a federal indictment obtained by The Arizona Republic. 5 Former TV anchor Stephanie Hockridge-Reis sent an scandalous text to her husband joking about cheating t taxpayers out of government funds. House Select Subcommittee on the Coronavirus Crisis The couple was accused of fraudulently obtaining over $300,000 in PPP loans for themselves, including one application that falsely claimed he was a veteran and an African American. Reis took a plea deal on Monday and will be sentenced in November. Hockridge-Reis, 42, was found guilty on one count of conspiracy to commit wire fraud in June by a jury in the Northern District of Texas. She was acquitted on four additional counts of wire fraud. Sentencing is scheduled for Oct. 10. She faces up to 20 years in prison. The Post has sought comment from the duo. 5 The anchor and her husband, Nathan Reis, were convicted of a billion-dollar COVID cash scheme in June. Facebook / Stephanie Hockridge The couple's Scottsdale-based fintech firm, Blueacorn, which the couple co-founded in 2020, processed over $12.5 billion in PPP loans — with somewhere between $250 million and $300 million going to the company's ownership, including Hockridge-Reis. Blueacorn received over $1 billion in taxpayer-funded processing fees for facilitating PPP loans but spent less than 1% ($8.6 million) on fraud prevention and only $13.7 million on eligibility verification, according to a congressional investigation. The PPP was an $800 billion federal loan initiative launched in 2020 to help small businesses keep workers employed during the pandemic. It was part of a broader effort — including grants, tax credits and emergency loans — aimed at stabilizing the US economy and preventing mass business closures and layoffs. 5 The former KNXV-TV anchor claimed that her actions were a 'sincere effort to support small businesses' in navigating a chaotic government problem during an era of 'unprecedented need.' Facebook / Stephanie Hockridge Investigators claimed that the couple used the proceeds to enrich themselves personally, however. The former KNXV-TV anchor claimed that her actions were a 'sincere effort to support small businesses' in navigating a chaotic government problem during an era of 'unprecedented need.' As part of the proceedings, Congress said it obtained a video created by Reis and Hockridge-Reis showing off large amounts of cash in a bar on Dec. 21, 2021. According to public records, Reis relocated to San Juan, Puerto Rico, which has no capital gains tax, following his work at Blueacorn. 5 Reis took a plea deal over his role in the funding scandal. KPNX Another video months earlier showed Hockridge and Reis on the balcony of a luxury beachfront apartment in San Juan, The Post previously reported. A congressional report found that Blueacorn routinely failed to properly vet applicants and charged illegal 'success fees' to borrowers — violating Small Business Administration rules. The report also detailed how Blueacorn's leadership instructed staff to prioritize speed over accuracy. 5 Hockridge-Reis was once a familiar face in Arizona households. She spent seven years as an anchor at KNXV- TV, the ABC affiliate in Phoenix. Facebook / Stephanie Hockridge Hockridge-Reis was once a familiar face in Arizona households. She spent seven years as an anchor at KNXV-TV, the ABC affiliate in Phoenix, and had previously worked as a reporter for CBS News Radio in London. She was nominated for an Emmy and named 'Favorite Newscaster' by Arizona Foothills Magazine. Her conviction marks one of the highest-profile PPP fraud cases to date involving a public figure. Fraud related to COVID-19 relief programs was unprecedented in US history, with losses estimated in the hundreds of billions. The PPP, Economic Injury Disaster Loans and unemployment insurance programs were especially vulnerable — with watchdogs reporting widespread misuse, insider abuse and systemic failures in fraud prevention.
Yahoo
19 hours ago
- Yahoo
Dave Stock Skyrockets 416% in a Year: Should You Play or Let Go?
Dave Inc. DAVE stock has shown remarkable growth over the past year. The stock has skyrocketed 416%, outperforming the industry's 77.2% rally and the Zacks S&P 500 composite's 17.7% growth. DAVE's performance is significantly higher than that of its close competitors, Upstart Holdings' UPST 75.7% growth and OppFi's OPFI 141.9% surge. 1-Year Price Performance Image Source: Zacks Investment Research Dave's recent performance paints a different picture. Its shares have declined 13.7% in the past month compared with industry's 10.4% growth and the Zacks S&P 500 composite's 3.3% growth. DAVE's recent decline signals that it is going through a correction phase. Meanwhile, OppFi and Upstart Holdings have lost 15.4% and 9.8%, respectively. 1-Month Price Performance Image Source: Zacks Investment Research Investors may find DAVE's past year's share performance appealing. However, recent results may cause them to reconsider. Let us explore further to conclude what investors should do now. DAVE's Growing Membership Base Dave's rising membership base has served as a key driver of its financial performance in the second quarter of 2025. Monthly Transacting Members were 2.6 million, up 16% from the year-ago quarter. This growth corresponds to the addition of 722,000 new members, at an average customer acquisition cost of $19. A 51% rally in ExtraCash originations in the quarter and 27% growth in Dave Debit Card are a testament to high customer engagement. This sustained member growth, coupled with an enhanced monetization strategy, led to a 64% year-over-year jump in revenues and a 236% upsurge in adjusted EBITDA, reinforcing confidence in the company's outlook and continued expansion. Dave Inc. Revenue (Quarterly) Dave Inc. revenue-quarterly | Dave Inc. Quote Inherently High Credit Risks Weigh on DAVE DAVE's core business model relies on providing small, interest-free cash advances to the underbanked population, who are often neglected by traditional banks. The ExtraCash advances are not subject to a conventional credit check, indicating a higher risk level. Although Dave claims to have lowered credit risk by incorporating CashAI, its proprietary underwriting system, the company remains highly susceptible to macroeconomic headwinds. The recent international tariff shakeup has impacted consumer costs, with prices moving 2.7% up in July from a year ago. This rising inflation results in lower disposable income for those who are living paycheck to paycheck. Such a situation increases the likelihood of consumer advances, leading to higher delinquency rates. In the second quarter of 2025, DAVE reported a 28-day delinquency rate of 2.4%, higher than the year-ago quarter's 2%. The fact that this metric has increased, even though slightly, is alarming. The U.S. unemployment rate has moved up marginally to 4.2% in July from 4.1% in June. About 73,000 non-farm payroll jobs were added in July, significantly lower than the market expectation of 109,000. The U.S. job market slowdown signals higher default risks. With the rising probability of interest rate cuts in the coming months, one may be bullish about the U.S. economy. However, the counteracting risks of higher inflation may trap DAVE users and the company in a loop of increased borrowing and higher default risks. DAVE Faces Fierce Competition Not only do neobanks but traditional ones also threaten Dave. The company caters to the same customer base, consisting of millennials and Gen Zs, who are tech-savvy and live paycheck to paycheck. Fintechs such as OppFi and Upstart Holdings offer similar services to DAVE's. Therefore, in an expanding neobank market, Dave may find itself capturing a fair share of the market pie. Competition moves up a notch when traditional banks come into play. While Dave's primary motive is to target customers who want to avoid traditional bank fees, these banks are introducing offerings such as small-dollar loans and overdraft protection services that compete with fintechs. To stay ahead of the pack, swift investment is the need of the hour. Considering DAVE does the needful, we can expect the company to find it difficult juggling between growth and profitability. No Dividends: Dave's Red Flag Income-seeking investors find stocks with no scope for dividends unappealing. DAVE, operating since 2016, has never paid out dividends and does not plan to do so. Although reluctance to pay dividends is a vital feature of a growth-oriented company, investors seeking regular income may not find this enticing since return in the form of stock appreciation is not guaranteed. Verdict for DAVE: Exit Your Position Dave is successful at attracting more customers using its top-notch offerings. We expect sustained growth and expansion; however, the lingering credit risks threaten DAVE's prospects. Unfavorable macroeconomic factors raise the probability of customer default. That being said, competition is fierce as neobanks and traditional banks find a way out to capture market share, offering services similar to Dave's. Finally, lack of dividends does not necessarily appeal to income-seeking investors. We recommend investors who have gained from the stock's long-term appreciation to book their profits, since the recent correction phase could slash returns. Potential buyers are urged to refrain from considering this stock for now. DAVE currently sports a Zacks Rank #4 (Sell). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. 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 Dave Inc. (DAVE) : Free Stock Analysis Report Upstart Holdings, Inc. (UPST) : Free Stock Analysis Report OppFi Inc. (OPFI) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Bloomberg
a day ago
- Bloomberg
Japan's Investment in $550 Billion US Fund Could Be More Than 2%
The rate of actual Japanese investment forming part of a $550 billion US fund could be higher than the 1-2% initially cited, Japan's top negotiator Ryosei Akazawa said in a live television interview on Wednesday. During the interview with TV Asahi, he pointed out that the US may not be able to get Japan's investment unless they keep their promises, as he explained the details of the fund which forms a crucial pillar of the Japan-US trade deal agreed late July. Japan had said that the bulk of the $550 billion US fund will be loans and loan guarantees, with only 1% to 2% deployed as investment.
