logo
North Carolina man wins $10M after buying scratch-off

North Carolina man wins $10M after buying scratch-off

Yahoo24-02-2025
SWAIN COUNTY, N.C. (WSPA) – One Bryson City man's decision to buy a $50 scratch-off lottery ticket from a gas station won him $10 million.
Terry Millsaps bought a $10 Million Spectacular ticket from Times Turn Around at Beatty Drive in Belmont.
After his win, Millsaps had a decision to make. He could either receive a lump sum of $6 million or receive $500,000 a year for 20 years.
Officials with the North Carolina Education Lottery said Millsaps opted for the $500,000 payment. After taxes, Millsap's first payment was $358,764.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

SC organizers host virtual hiring event
SC organizers host virtual hiring event

Yahoo

time21-07-2025

  • Yahoo

SC organizers host virtual hiring event

SPARTANBURG, S.C. (WSPA) – Job seekers in South Carolina can participate in a virtual event Monday morning. The SC Department of Employment and Workforce is hosting the event with the SC Governor's School for Agriculture. The event will begin at 1:30 p.m. and last until 3:30 p.m. Job offerings available at the event will include benefits such as health insurance, retirement plans and paid vacation & holiday leave. Interested applicants can register here. For more information about SC@Work: Connections, visit the website at Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Solve the daily Crossword

Social Security Payments Up to $5,108 Going Out This Week: What to Know
Social Security Payments Up to $5,108 Going Out This Week: What to Know

Miami Herald

time14-07-2025

  • Miami Herald

Social Security Payments Up to $5,108 Going Out This Week: What to Know

Millions of Americans are set to receive social security payments this week. The Social Security Administration (SSA) has published a document online containing the key dates that recipients should mark on their calendars. Some can expect to receive up to $5,108. Beneficiaries have been divided into three groups in order to stagger their benefits over three payment dates this month because of the sheer scale of distributing the money. The first group received their July funds when they were issued last week. The second group will be paid on Wednesday, while the third group will be paid on July 23. The SSA issues payouts each month to more than 70 million Americans. The funds include retirement payments, as well as disability and survivor benefits. Payments are sent out once a month in the form of a single lump sum for most recipients. But due to the high number of beneficiaries, not all payments are issued on the same day. Recipients whose birthday falls on the 1st to the 10th of any month were scheduled to receive their benefits on the second Wednesday of July, which means they were paid last week on July 9. Those whose birthday falls between the 11th to the 20th will be paid this week —on Wednesday, July 16. The remaining group of beneficiaries, whose birthday falls on the 21st through to the 31st, will be paid next week on July 23. In recent months, there have been concerns that the SSA could be affected by President Donald Trump's attempts to slash budgets across the federal government, with tech mogul Elon Musk, being drafted in to run a newly created Department of Government Efficiency (DOGE) until he stepped down in May. Former President Joe Biden accused the pair of "taking a hatchet" to the social security system, which the White House and the SSA denied. Alex Beene, a financial literacy instructor for the University of Tennessee at Martin, previously told Newsweek: "From a customer service standpoint, it does appear the Social Security Administration is feeling pressure at the moment, as layoffs have meant more work to do for a smaller staff of employees. The distribution of benefits has yet to see any negative effects, but with other aspects of the administration falling behind, it's easy to see why there are concerns future payments could be Americans will tolerate missed payments or slower customer service for a program they paid into for decades." Social security beneficiaries should receive their payments on the dates outlined above. Anyone who does not receive their payment on the scheduled date should wait three working days before contacting the SSA, the agency says, noting that Saturdays, Sundays and public holidays do not count as working days. Related Articles Social Security Warning Issued as Agency Moves 1,000 StaffersNew Plan Proposed To Save Social SecuritySocial Security Update: Payout Shift Triggers Drop in Personal Income 2025 NEWSWEEK DIGITAL LLC.

A. O. Smith Corporation (AOS): A Bull Case Theory
A. O. Smith Corporation (AOS): A Bull Case Theory

Yahoo

time24-06-2025

  • Yahoo

A. O. Smith Corporation (AOS): A Bull Case Theory

We came across a bullish thesis on A. O. Smith Corporation (AOS) on Iceman Capital's Substack. In this article, we will summarize the bulls' thesis on AOS. A. O. Smith Corporation (AOS)'s share was trading at $65.74 as of 10th June. AOS's trailing and forward P/E were 18.11 and 17.18 respectively according to Yahoo Finance. A man in overalls soldering a large water heater inside a manufacturing facility. O. Smith operates a capital-light, high-ROIC business rooted in the mature but rational North American water heater market, where 80–85% of volumes are replacement-driven. Its core North America business enjoys pricing power within an oligopolistic structure and benefits from a hybrid distribution strategy that offers stability and reach. Commercial dominance, via the Lochinvar brand, and ongoing product innovation in condensing and heat pump technologies further solidify its moat. However, while management has been disciplined in M&A and execution, growth beyond core water heaters has been mixed. The tankless segment has been slow to scale, and international expansion—particularly in China—has underwhelmed due to macro weakness, pricing pressure, and share losses in premium categories. Water treatment, though promising with a 12% CAGR and tailwinds like PFAS regulation, remains a smaller part of the mix. Financially, AOS has returned significant capital to shareholders, but conservative balance sheet management leaves room for modest leverage that could enhance buybacks or enable more impactful M&A. A base-case scenario—3.8% revenue CAGR, modest margin expansion, and no M&A—yields 5% EBIT CAGR and ~$75 intrinsic value, implying a ~10% IRR. While upside may be capped without stronger international or adjacent category performance, AOS's structural advantages, durable cash flows, and potential capital deployment shifts support a solid, if not spectacular, investment case. Most of its strengths are well-understood by the market, but optionality around smarter balance sheet use or transformative M&A could surprise to the upside. Previously, we covered a standout on Shift4 Payments (FOUR) by Iceman Capital, which emphasized the transformative Global Blue acquisition, international expansion, and high-margin growth in luxury travel. In contrast, Iceman's thesis on A. O. Smith (AOS) centers on its stable North American water heater dominance, capital discipline, and modest upside from balance sheet optimization and water treatment growth. O. Smith Corporation (AOS) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 37 hedge fund portfolios held AOS at the end of the first quarter which was 35 in the previous quarter. While we acknowledge the risk and potential of AOS 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

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store