BY BOB HOLT
The massive potential financial windfall waiting for a lottery player in New Jersey rolls on as tonight’s Powerball jackpot will be $191 million.
No one hit the jackpot in the Mega Millions drawing on May 3, so both multi-state lottery games in our area are currently featuring jackpots over $100 million.
Powerball’s web site reports that the jackpot for the May 4 drawing is $191 million, with an estimated cash option value of $124.7 million. The last Powerball jackpot winner came on March 30, when a player from Illinois won a $50 million prize.
New Jersey’s Pedro Quezada won a $338.3 million prize a week before that.
A New Jersey player from Union County had his own windfall recently. Lottery.com reported that a Jersey Cash 5 ticket was sold there for the drawing of April 14 worth $458,184. The ticket was purchased at Center Stationers in New Providence.
Players’ sights are set even higher than that on Saturday. Philly.com reported that Powerball’s jackpots are likely to be rising at a quicker pace because California joined the game about a month ago. The price of a Powerball ticket doubled to $2 in January 2012, and starting jackpots were increased to $40 million.
The jackpot was required to rise by a minimum of $10 million after each jackpot miss.