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.

advertisement | advertise on News 12

Trending Video

An attorney for Hopatcong Officer Nicholas Maresca says 1 Attorney: Officer had no choice but to hit man in bunny suit
Kevin Hodges (right) is accused of killing his 2 Police: Man used cleaver, sword, knife to kill mom, grandmother
Demolition has begun on a Totowa neighborhood that 3 Demolition begins on Totowa neighborhood damaged by hurricane
4 VIDEO: Totowa neighborhood to be torn down
Ride-sharing company Uber says it is able to 5 Concerns grow over Uber's ability to track riders

advertisement | advertise on News 12

More News

The winning ticket for the $429 million Powerball Trenton Powerball winner hasn't claimed prize

The winning ticket for the $429 million Powerball jackpot was sold in New Jersey, according

Sorry to interrupt...

Your first 5 are free

Access to News12 is free for Optimum, Comcast®, Time Warner® and Service Electric℠ video customers.

Please enjoy 5 complimentary views to articles, photos, and videos during the next 30 days.

LOGIN SUBSCRIBE