my truck leaking oil from the bottom and oil pressure is low wwith white smoke on 2003 Dodge Ram 2500

yesterday i bought a 2003 dodge ram 2500 and i was driving it home and the oil pressure guage went low and the truck made a knocking sound and blew alot of white smoke out of the tail pipe and died when i got out i noticed oil all over the road and bottom of truck on frame and supports does anybody know what could of caused this problem

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