In November 1969, the New Jersey voters approved the establishment of the State Lottery as part of the general election. The State Lottery is committed to providing revenue-generating entertainment products to help protect the retirement benefits of those who serve our communities, including New Jersey's, police officers, firefighters, teachers, and other public employees. Since its establishment the New Jersey Lottery has awarded more than $42 billion in prizes and over $28 billion to the State.
Jersey Cash 5 XTRA was launched on September 20, 1992, as a pick 5-of-38 game. The original version of the game did not feature a progressive jackpot, rather if no set of five numbers was a perfect match, the first-prize pool was added to second prize winners - the ones who matched four or five numbers. The game structure was revamped in September 2003, wherein two numbers were added to make Jersey Cash 5 a 5/40 game, and the top prize structure was changed to a progressive jackpot. On September 14, 2014, the game format was again changed to 5/43, moreover, the estimated jackpot amount was increased from $50,000 to $75,000. On June 29, 2020, the game again went through some changes, including a starting jackpot increase from $75,000 to $100,000 and an increase in the field of numbers from 43 to 45. Since its creation, the game has been producing a considerable number of lottery winners and is fulfilling the dreams of many.
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The New Jersey Lottery is run by the U.S. state of New Jersey. The first state lottery of New Jersey went live on sale in December 1970. The bi-partisan Lottery Commission consists of seven members and the public members are each appointed for a term of five years. The profits from New Jersey state lottery ticket sales are used to help educational institutions, small businesses, veteran's services, and several other initiatives in the state.
Proceeds from Lottery ticket sales and unclaimed prizes go back to the community for -Beginning in 2018, the Lottery's net proceeds are used to bolster New Jersey's public employee pension system for teachers, police and fire personnel and other public employees in conformance through the Lottery Enterprise Contribution Act (Chapter 11 of the Public Laws of 2017).
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