Inside Powerball winner Edwin Castro's 3 mansions

Table Of Content

• Winner of $1.3B Powerball jackpot is cancer patient from Laos, will split winnings with friend: ‘How long will I live?’
• $2B Powerball winner Edwin Castro buys $22.5M Hollywood Hills mansion: report
• The scrappiest place on Earth? Altercation at Disney California Adventure leads to ejection
• Southern California middle school evacuated due to …
• Landlord of Edwin Castro's rival denies flashing '$100 bills' in ticket fight
• Powerball winner buys second multimillion-dollar home with winnings
• Edwin Castro's Timeline

California lottery officials have since said that Castro is indeed the legitimate victor and holder of the ticket with the winning numbers 10, 33, 41, 47, 56 and Powerball 10. The home features DJ turntables, a champagne room, a glass walkway, a wine cellar and a home theater. The bedrooms have walk-in closets, oversized bathtubs and relaxing sitting areas. The first estate Castro bought with his winnings (the one-time lump-sum payment of $997.6 million) is a palatial hilltop number perched atop the Hollywood Hills. Fantasy 5 is a daily draw game with a top prize of approximately $100,000 if won by a single winner. If there is no top-prize winner, the top prize rolls down to the 4-of-5 and 3-of-5 prize levels.

The $2 billion Powerball winner is making the worst mistakes financial planners warn people of after they come into a ... - Fortune

The $2 billion Powerball winner is making the worst mistakes financial planners warn people of after they come into a ....

Posted: Tue, 19 Sep 2023 07:00:00 GMT [source]

Winner of $1.3B Powerball jackpot is cancer patient from Laos, will split winnings with friend: ‘How long will I live?’

He wrote he was glad California public schools benefit from the lottery because he identified as "being educated in the California public education system." Most of the house, which sports an outdoor infinity pool and fireplace, is made up of glass walls, photos show. The biggest lottery winner ever now has a mansion in the Hollywood Hills. Given the steep odds, it is not unusual for the prize to go unwon until a growing jackpot attracts more players to cover more possible number combinations. Players’ tickets – bought for $2 – must match all the numbers on five white balls and one red Powerball to win. The Guardian independently confirmed the purchase of the gated mansion sitting above the famous Chateau Marmont hotel through public records but couldn’t immediately reach Castro for comment.

$2B Powerball winner Edwin Castro buys $22.5M Hollywood Hills mansion: report

Powerball has nine prize levels with lower-tier prizes ranging from $4 to $1 million and up to $2 million with Power Play and $10 million with Double Play. The couple scored the bedside tables in the master bedroom at the Rose Bowl Flea Market. "We both really appreciate timelessness. I don’t want our house to be revamped in a year." Behind the bed, only half the wall is painted navy, acting like a secondary headboard. Like Edwin Castro, there's another billion-dollar Powerball lottery winner from California. In March, TMZ reported Castro was once a Boy Scout, rising to the rank of Eagle Scout, and a prominent athlete at Crescenta Valley High School in La Crescenta, California.

The scrappiest place on Earth? Altercation at Disney California Adventure leads to ejection

EXCLUSIVE: Edwin Castro, the $2.04billion Powerball lottery winner, buys a $47 million Los Angeles mansion as - Daily Mail

EXCLUSIVE: Edwin Castro, the $2.04billion Powerball lottery winner, buys a $47 million Los Angeles mansion as.

Posted: Mon, 11 Sep 2023 07:00:00 GMT [source]

USA TODAY estimated the winner of the jackpot would probably be left with $628.5 million after taxes, assuming no other deductions. Rivera demanded that Castro not be paid until after a full investigation, and he urged officials to show him video evidence of Castro buying the winning ticket, according to a report on People.com. Perhaps unsurprisingly, Castro has had to contend with accusations that he won underhandedly. Castro went to a convenience store in the Los Angeles-area community of Altadena to buy the Powerball ticket that netted him the 8 November jackpot of more than $2bn. Instead of choosing to collect the full prize through an annuity over 29 years, he opted for an immediate lump sum of more than $997.6m, meaning he invested more than 2.5% of his new wealth on his mansion among the stars. If there is no top prize winner, the money in the top prize pool rolls down and is shared equally among winners who picked four out of the five numbers, with a maximum prize of $555 per winner.

Cash4Life is a regional multi-state game that offers two lifetime prizes and great odds. For $2, players try to match five white balls (1-60) and the Cash Ball (1-4) to win the top prize $1,000 a day for life. The number 13 appeared four times in Monday night's drawing, including the Powerball in Double Play.

Southern California middle school evacuated due to …

The primary suite includes a floating wrap-around deck and a resort-style bath. The massive kitchen offers an open floor plan with access to the outdoors via glass walls. Seated on over an acre of grounds, the mansion offers privacy and seclusion. The estate was listed on the market with an asking price of $30 million on July 15, 2022, four months before Castro won the $2.04 billion Powerball lottery jackpot. Castro opted for a lump sum of $997.6 million when he claimed his winnings on Feb. 14, 2023, according to the California Lottery.

Landlord of Edwin Castro's rival denies flashing '$100 bills' in ticket fight

Two of the five bedrooms have been reconfigured to act as an art studio and a soundproof movie theater. News reports show he hired 24/7 security once he became a multimillionaire. Most of the house, which includes an outdoor infinity pool and fireplace, is made up of glass walls. Castro bought his ticket at Joe's Service Center in Altadena, an unincorporated community in the foothills northeast of Los Angeles. A day after the drawing, the California Lottery awarded Joe's Service Center with a $1 million bonus. The celebration for the record-breaking $2.04 billion Powerball jackpot at Joseph Chahayed’s Altadena gas station showed his dedication to the community.

Powerball winner buys second multimillion-dollar home with winnings

Swimmers can tune into their favorite tunes with multiple jets synchronized with home music. The sole winner of the $2 billion Powerball draw was announced in November 2022. Much of the house has glass walls that offer an amazing view of the city from the hill. The 15,000-square-foot mansion is located in the foothills of Los Angeles County. Some of Castro's new neighbors include celebrities like Ariana Grande, Dakota Johnson and Jimmy Kimmel.

Edwin Castro's Timeline

He had a choice of receiving the money over 30 annual payments or a lump sum. Castro chose to receive the lump sum payment, which totals to $997.6 million. Chahayed said Castro used to come into the gas station regularly to buy coffee, a pastry and a lottery ticket, but after the Powerball winner was announced, he seemingly disappeared.

Little else is known about Castro, whose only public statement so far was written and read on his behalf by officials at a press briefing that revealed his identity but which he skipped. That statement described Castro as “shocked and ecstatic to have won the Powerball” and also expressed gratitude that ticket sales generated by the record-setting jackpot had benefited California’s public school system. Earlier this month, Castro bought his third house for $47 million from celebrity realtor Mauricio Umansky. The home boasts seven bedrooms, 11 bathrooms, a koi pond and a vast infinity pool. The property offers a panoramic view of the entire city of Los Angeles. He also purchased a $4 million Japanese-inspired house in Altadena, CA, his hometown.

"So on the weekends, I’d be like, 'Hey, let’s work on the backyard.'" They transformed the once barren hill into a multilevel oasis complete with bocce ball court and chicken coop, cutting out the cost of a landscape designer. Even though the $2.04 billion Powerball drawing was delayed, it didn't take long for the California Lottery system to announce Joe's Service Center in Altadena, California, near Los Angeles, sold the winning ticket. The identity of the lottery retailer was released a day after the drawing. Castro said at the time, "As much as I am shocked and ecstatic to have won the Powerball drawing, the real winner is the California public school system.

Countless people ask themselves what they would do if they hit the jackpot, and the California man who took home the world’s largest ever lottery prize has now shown his answer to that age-old question. If you match only the five white balls you win the second prize of $1,000 a week for life. Powerball is a multi-state, multimillion-dollar-jackpot game offered in 48 Lottery jurisdictions, including Florida.

Edwin Castro chose the lump sum payment of $997.6 million after winning the jackpot in November. Castro previously bought a $25.5 Hollywood Hills home and a $4 million Altadena home. The winner of America's largest-ever Powerball jackpot of $2 billion is accumulating real estate and just bought a seven-bedroom, eleven-bathroom hilltop mansion in L.A.'s Bel Air neighborhood. The real estate site shows property taxes cost $16,285 in 2014 and increased to $66,940 a year later.

However, the California lottery officials maintained that Castro was the correct winner in a statement to PEOPLE. The much larger Hollywood Hills home he previously purchased was built last year by Roman James Design and originally listed for about $30 million. Edwin Castro made his second big purchase since winning the record-breaking $2.04 billion Power ball lottery prize in November.

At the time Castro was announced as the winner of the lottery, officials did not provide biographical details, including his age and prior occupation. But he still believes Rivera bought the winning lottery ticket and misplaced it. $2 billion Powerball winner Edwin Castro is adding to his real estate portfolio after striking it big in the record-setting drawing last November. The winner of the $2 billion California Powerball, Edwin Castro, has purchased a $4 million California mansion after dropping $25.5 million on a lavish Hollywood Hills estate earlier this month. Edwin Castro, 30, kicked off March with the purchase of his second property priced at $4 million and it’s just miles away from the gas station where he bought the ticket that made him a billionaire, according to Dirt magazine.