Claude Parcell III of Calabash is celebrating after he won a $120,000 Cash 5 jackpot.

Parcell’s good fortune happened when he bought a $1 ticket at the Circle K on Ocean Highway West in Ocean Isle Beach. His ticket beat odds of one in 749,398 to win Monday’s jackpot.

Parcell claimed the prize Tuesday at lottery headquarters in Raleigh. After required state and federal tax withholdings, he took home $84,601.

Cash 5 is a statewide draw game that gives players the chance to win a jackpot every night. Players can buy tickets at most lottery retailers or through Online Play on the lottery’s website, www.nclottery.com.

Cash 5 jackpots normally start at $50,000, but during the month of August the lottery is starting the jackpot at $100,000 as part of a special $100K Days promotion.

Ticket sales from draw games make it possible for the lottery to raise more than $600 million a year for education. For details on how lottery funds have made a difference in all of North Carolina’s 100 counties, click on the “Impact” section of the lottery’s website.