The winning ticket was sold last March at a ShopRite in Neptune Township, Monmouth County.
In New Jersey, lottery winners have one year from the date of the drawing to file a claim before the ticket expires.
The winner has also chosen to remain anonymous.
Meanwhile, a $944 million jackpot is up for grabs in the Mega Millions drawing on Christmas Eve.
The cash option on that prize comes out to about $439 million.
Nobody has won the jackpot since September 10. This is the 7th largest prize in the game's history.