Inside the Small Tennessee Town Where the Powerball Jackpot Ticket Was Sold

— -- For many people outside Tennessee, the first time they'd heard about the small town of Munford was this morning when Powerball officials named it as one of the three locations where a winning jackpot ticket was sold.

While the winner still has about six months to claim the prize, which will be roughly $520 million before taxes, the store that sold the ticket has been identified as Naifeh's Food Mart.

The town itself is no mystery, with a population of about 6,000 living roughly 40 miles northeast of Memphis.

The town's mayor, Dwayne Cole, told ABC News that most of their residents work in Memphis but he noted that Munford is "a great town to retire in."

Related Stories

Man kills wife, 3 kids in mass shooting: Police

• Apr 23, 12:35 PM

Trump, NY AG resolve dispute over $175M bond

• Apr 22, 12:14 PM

OJ Simpson dies at 76

• Apr 11, 6:32 PM

Cole said it "would be terrific" if a resident was the one to win.

There is an elementary, middle and high school, all located within the town's 8 square miles. The Munford High School's marching band performed in the 2015 Macy's Thanksgiving Day parade in New York City, according to local news reports, and videos of their appearance have been posted online.

When thinking about possible purchases for the Powerball winner, real estate always comes to mind, and there are a number of homes on the market in Munford.

The most expensive home for sale in Munford, according to Realtor.com, is well within the winner's price range: a listed price of $359,000 for the four bedroom, three bath, single-family home.

Alternatively, there is an empty 7.1-acre lot available for $450,000, so the winner could spend the remaining millions on a bespoke home of their dreams.