Cook the onion in olive oil, add the beef and garlic, and cook until no pink remains; drain excess grease.
Stir the Worcestershire sauce, garlic powder, onion powder, smoked paprika, salt, and black pepper into the beef.
Whisk the cream of mushroom soup, sour cream, and whole milk together in a bowl.
Layer the beef, sauce, 1 cup of cheddar, and frozen tater tots in a greased 6-quart slow cooker.
Cover and cook on LOW for 4 to 5 hours or HIGH for 2 to 3 hours, until the center reaches 165°F.
Top with the remaining cheddar and dried parsley, cover until melted, then rest for 10 minutes before serving.