$700 Million Powerball Prize Latest in String of Giant Jackpots

A customer purchases Powerball lottery tickets at a convenience store in Washington on Nov. 26, 2012. Saul Loeb/AFP/Getty Images

DES MOINES, Iowa—No, it’s not lottery deja vu.

There really is another giant lottery jackpot up for grabs Saturday night, the latest in a string of big prizes enticing players to plunk down $2 and try to beat formidable odds.