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Winning $315M Powerball ticket sold in New Jersey

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A single ticket that sold in New Jersey won the $315.3 million Powerball jackpot.

If the winner chooses to accept a lump sum, the value will be reduced to $183.2 million. Alternatively, the winner could spread the winnings out over 30 years.

The largest powerball jackpot, according to CNBC, was $1.6 billion in January 2016.

Read more from CNBC.

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