Last year the "Since You Been Gone" singer purchased the turquoise band for £152,450 ($244,484) at an auction in the UK where she outbid Jane Austen's House Museum. However, Clarkson was unable to take the ring with her after the British government declared it a national treasure.
The singer agreed to sell the ring back for the price she paid if a buyer came forward before September 30. In mid August an anonymous donor contributed $155,000 toward the campaign to keep the ring in the U.K., allowing the museum to buy the ring from Clarkson.
"The ring is a beautiful national treasure and I am happy to know that so many Jane Austen fans will get to see it at Jane Austen's House Museum," the singer said.
The "Bring the Ring Home" campaign was set up in a bid to raise money to purchase the band from the singer.
''It's clear from the number of people who gave generously to the campaign just how admired Jane Austen remains to this day," said British Culture Minister Ed Vaizey.
The museum has insisted that Clackson come visit the ring when it goes on display in the new year.