• The cast of  "The Young and the Restless" accepts the award for Outstanding Drama Series in a tie with "Days of Our Lives" at the 42nd Annual Daytime Emmy Awards in Burbank, California April 26, 2015.

The cast of "The Young and the Restless" accepts the award for Outstanding Drama Series in a tie with "Days of Our Lives" at the 42nd Annual Daytime Emmy Awards in Burbank, California April 26, 2015. (Photo : REUTERS)

"The Young and the Restless" (Y&R) will feature an eventful episode on Thursday, May 7, 2015. The show will focus on Michael (Christian LeBlanc), Phyllis (Gina Tognoni), Ashley (Eileen Davidson), Sharon (Sharon Case), Dylan (Steve Burton), Jack (Peter Bergman), Victor (Eric Braeden) and other Genoa City residents. Fans will see Michael's storyline in the foreground in the upcoming episode. At the same time, the episode will see Sharon and Dylan together once again. Here are few spoilers for the next episode of "The Young and the Restless" (Y&R). Read on to find out what happens next.

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[Spoiler alert! This article contains spoilers for "The Young and the Restless" (Y&R). Please do not read if you don't want to know more about it.]

The upcoming episode of "The Young and the Restless" (Y&R) will see some major drama between Michael and Lauren. According to We Love Soaps, Michael takes a bold step and puts himself in jeopardy. Meanwhile, Soap Central suggests that Michael's condition has an impact on his psyche. At the same time, he is dealing with a poor self-image.

The after-credit scene of last-aired episode gives a glimpse of an explosive argument between Michael and Lauren. He asks Lauren to let go off him.

Phyllis' worries are far from over. In the upcoming episode, she reaches out to Ashley and talks to her. Details about their conversation remain unknown. Meanwhile, Jack arouses Phyllis' suspicion.

Elsewhere, Sharon and Dylan will come close once again. Dylan does something that leaves Sharon surprised. Meanwhile, the after-credit scene teases drama between Dylan and his father. "I come back, Sharon's locked up and the real killer is still out there!" Dylan shouts at Paul.

"The Young and the Restless" (Y&R) airs weekdays at 12:30 pm at CBS. Stay tuned for more spoilers.