(KMZA)--The 42nd annual Baileyville Benefit will be held this weekend, with proceeds going to help five Nemaha County families with medical expenses.

The event will take place Saturday and Sunday, February 24-25, at the Nemaha Central High School in Seneca.

It will include basketball and volleyball tournaments, along with a live, silent and online auction of donated items.

The online auction is currently underway and runs through Saturday afternoon at 2:00. Click here for on-line link. The live auction will take place Sunday evening around 5:00, with more than 300 items to be auctioned off.

This year's beneficiaries are:

Rowan Knowles, an 8-year old injured in an ATV accident last September

Mike Scott, recently diagnosed with mouth cancer

Tim, Kasyn and Margaret Winkler, who were seriously injured in a wreck last September

Bruce Hermesch, who has been living with muscular dystrophy since 1992

Heather Myers, a young mother recently diagnosed with breast cancer

The Baileyville Benefit has been helping Nemaha County area families in need since 1982.

Last year's event raised $185,000 to assist four individuals.