NJ family wins $429.6 million Powerball jackpot

A New Jersey family that has claimed a $429.6 million Powerball jackpot says it will give 10 percent of the winnings to their church.

Eight members of the Smith family will split the $429.6 million Powerball jackpot.

Eight members of the Smith family will split the $429.6 million Powerball jackpot. (5/13/16)

TRENTON - A New Jersey family that has claimed a $429.6 million Powerball jackpot says it will give 10 percent of the winnings to their church.

The New Jersey Lottery said Friday that eight members of the Smith family have the sole winning ticket purchased in Trenton for last Saturday's drawing.

Valerie Arthur says that the ticket was purchased by her 70-year-old mother, Pearlie Smith. The money will be shared among Smith and her seven adult children.

Pearlie Smith spent $6 for two tickets for drawings held last Wednesday and Saturday. Lottery officials say they chose the smaller lump sum payment over the higher valued annuity. So the $6 investment will yield $284 million before taxes. Split eight ways, that's about $35.5 million apiece.

Arthur says the family has hired attorneys to help them plan and will take a trip to their usual family vacation spot.

The Associated Press wire services contributed to this report.

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