msnbc.com staff and news service reports
updated 8/12/2011 8:30:40 PM ET 2011-08-13T00:30:40

Thomas and Kathleen Morris are America's newest multimillionaires.

The Burnsville, Minn., couple, who have been married 38 years, on Friday claimed a $228.9 million Powerball jackpot from Wednesday's drawing.

"This is the largest jackpot ever won in Minnesota," said Acting Lottery Director Jenny Canfield said.

Thomas Morris bought the winning ticket on Wednesday at a SuperAmerica convenience story in Lakeville.

"It started on Monday,” Kathleen Morris said at a news conference, according to  FOX 9. “We met with our financial adviser and things didn’t look very promising. I told Tom the only way we’re going to retire is if we win the lottery.”

The Morisses have 60 days to decide whether to take a one-time payment of about $123 million now — which would be about $84 million after taxes — or a full payout over 30 years, minus taxes.

The payout is the largest Powerball jackpot since $261 million was won in June 2010.

The Associated Press contributed to this report.

Video: Laid off factory workers win big jackpot

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