He is now the program's all-time leader, eclipsing the former mark of 125 held by Julius Hodge (2002-05).
Wood also moved into the ACC's top-10 for career 3-pointers with his fourth made triple of the day at the 6:03 mark in the second half.
Wood was also fouled on the play, making the free throw to complete the four-point play.
He now has 299 career threes, pulling within 23 of Rodney Monroe's program-best 322.
Senior Richard Howell is now fifth all-time in rebounding with 951 boards, passing John Richter (936) on the career list.
Howell also notched his 15th double-double of the year and the 27th of his career with his 10 points against the Hokies.
Junior Lorenzo Brown collected his 500th career assist at the 12:27 mark of the second half on Wood's 3-pointer.
Brown is the ACC's active career leader with 505.
Freshman Tyler Lewis scored in double figures for the third time in the last four games.
The Pack improved to 36-14 all-time versus the Hokies.
State's winning percentage (72.0) against Virginia Tech is the highest among its ACC opponents.
This was NC State's first overtime game this season and its first overtime win at home since defeating Miami, 84-81, on Jan. 27, 2009.
The Pack's last overtime game came at Clemson on Feb. 25, 2012 (L, 72-69).