How does $325 million dollars sound right now? The multi-state Powerball jackpot drawing will take place on Saturday night and the estimated top prize is well in excess of $300 million. This represents the third largest lottery jackpot top prize in New Jersey’s history. No one hit the winning jackpot during the drawing on Thursday night. If you happen to be the only winner and elect to take the cash up front, you will have a check in your pocket worth $202 million.