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Powerball Jackpot Hits Record High [VIDEO]

While there were no jackpot winners in Saturday night’s Powerball drawing, there were two big winners in New Jersey.

Powerball ticket for Wednesday's drawing
Powerball ticket for Wednesday’s drawing (Dan Alexander, Townsquare Media NJ)

They matched five numbers, each winning $1 million. The winning tickets were purchased at Ferry 99 Cents in Newark and Blitz’s Market in Cape May Court House, according to the New Jersey Lottery.

The Cape May Court House winner has already called the store. “I go with my sisters to Florida each year, so I guess I’ll be treating them this year,” she told the store.

Each store earns $500 for selling their respective tickets.

Overall, there were 110,072 winners in New Jersey from Saturday night’s drawing.

As thousands of hopeful eyes will be glued to the television for Wednesday night’s drawing, officials in states selling Powerball tickets will be as well.

As of late Monday night, the jackpot stood at a record $425 million ($278.3 million cash option), and it could grow before the 11 p.m. drawing. Powerball’s previous record was $365 million back in February 2006.

Wednesday night’s drawing will be the sixteenth of the current roll, which has been running since early October.

“Buy your tickets before the game closes on Wednesday around 10:00 pm,” advised Carole Hedinger, the Lottery’s Executive Director.

In the 2011-2012 fiscal year, state lottery commissions — 33 of which run Powerball — saw a historic year of revenue from ticket sales, reports the Los Angeles Times.

A jackpot this high could be life changing for the lucky winner and there is the usual amount of dreaming going on by players. Many, however, are hoping that a Powerball jackpot win would provide a big boost to relief efforts and vow to share their winnings with their community or fellow employees.

“In Ventnor Heights, you could give to people who were devastated and their lives got ruined and had to up and move,” store clerk Loretta Cianci told the Philadelphia Inquirer.  Cianci lost her home during Sandy and is living with relatives.

Contractor Maurice Davis said if he won, “I’d set aside a good $5 million to help people at the Shore. I’d give every person $10,000 – people FEMA can’t help out.”

Dino Flammia contributed to this report

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