Michigan Lottery Group Claims Record $842.4 Million Powerball Jackpot

'The Breakfast Club' opts for $305 million lump sum after taxes, plans to retire early and support charitable causes.

The winning ticket was purchased on New Year's Day at Food Castle in Grand Blanc, Michigan.
The group, consisting of a married couple and their attorney, chose to remain anonymous.
They waited nearly six months to claim their prize to assemble a team of advisors.
The Food Castle store received a $50,000 commission for selling the winning ticket.
The winners plan to travel, retire early, and donate to family and nonprofits.