Thursday, May 2, 2024

Winner of $2 04bn lottery buys $25.5m house in the Hollywood Hills Los Angeles

edwin castro house

Castro’s buy, made through a limited liability company, nestled him among celebrity neighbors including singer Ariana Grande, actor Dakota Johnson and comedian Jimmy Kimmel. And it was the most expensive real estate sale in Hollywood Hills so far this year, according to the Times. The next Powerball jackpot is scheduled for Wednesday, Sept. 13th, and the current jackpot stands at a whopping $550 million. Tickets are priced at $2 per play and are available in 45 U.S. states along with the District of Columbia, Puerto Rico, and the U.S. The drawings are held every Monday, Wednesday, and Saturday at 11 p.m. According to the lottery, he has been driving around in a vintage Porsche 911 since winning.

What were the winning Powerball numbers for $2.04 billion drawing?

There's also a tequila bar, a glass-walled wine room, multiple dining venues both inside and out, additional lounge areas, and a suspended glass floor walkway. In the video below, the property provides a "Sarbonne Road" in Bel Air address while the Zillow listing mentions the mansion is on Sunset View Drive in Los Angeles. Videos of the home he bought, once listed for almost $88 million, show off the property's beauty and opulence. And now, others in the area are hoping the luck at the gas station will continue.

Inside the $2B Powerball winner’s new $25.5M Hollywood Hills mansion

Edwin Castro, who came forward last month to collect the record-setting lottery prize, just spent $25.5 million on a new house in Hollywood Hills. After three months of rollovers − from April to July − Powerball again hit the billion-dollar mark July 18, 2023, when no one matched all five numbers plus the Powerball in the Monday, July 17, drawing. A single ticket purchased in California eventually won Powerball on Wednesday, July 20, for $1.08 billion. The identity of the winner(s) has not been revealed as of Aug. 1, 2023.

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Built in 2022 by developer Roman James and previously featured in Robb Report, the home is three stories tall with the main level containing the central living area, fireplace, and kitchen. The lower-level houses the gym, cold-plunge pool, wine cellar, movie theater, and sauna. The penthouse level is where you'll find the master suite with private balcony, rooftop deck, and the upper 2-car garage. The California native recently upped his real-estate portfolio once again, purchasing a $4 million mansion in his hometown of Altadena — a short distance from the gas station where he purchased his winning Powerball payday.

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Castro’s newest crib brags seven bedrooms, 11 bathrooms, and an infinity pool with panoramic views of Los Angeles, the Daily Mail first reported. The lucky lotto player has already purchased at least two other California mansions since coming into the money this past winter — and now he has splurged yet again, this time on a $47 million compound in Bel Air. Officials said Castro chose the lump sum payment rather than the annuity option, which would have given him his winnings over 30 annual payments. Castro bought a $25.5 million mansion in the foothills of Los Angeles County according to real estate publication Dirt and the Los Angeles Times.

Edwin Castro of California won largest jackpot. But he's not a billionaire - TCPalm

Edwin Castro of California won largest jackpot. But he's not a billionaire.

Posted: Thu, 21 Mar 2024 07:00:00 GMT [source]

It was revealed Castro has no links to Rivera, while Reggie insisted he has not seen a cent and does not know the Powerball winner. The jackpot started at $20 million back on August 6, 2022, and grew over the months, until Castro matched all five white balls and the red Powerball number. "Edwin doesn't care all that much about designer clothes and he's spending his money well. But a source said he's "not one to party" and he's been "very smart" when it comes to spending his winnings, while he's also secretly donated to charitable causes. Since the win, Edwin has been living out his dream life, buying lavish homes and a fleet of vintage cars. The residence’s living room features a fireplace while its eat-in kitchen is equipped with Thermador appliances.

edwin castro house

Powerball jackpot winner Edwin Castro buys a $25.5 million Bel Air mansion - CBS Los Angeles

Powerball jackpot winner Edwin Castro buys a $25.5 million Bel Air mansion.

Posted: Wed, 06 Sep 2023 07:00:00 GMT [source]

Retailers typically get a small piece of the grand prize, but because lottery ticket sales pushed the Powerball jackpot well over $2 billion, the bonus prize grew, too. The California Lottery awarded Chahayed a $1 million bonus for selling the winning ticket. The man who purchased the $2 billion winning lottery ticket from a gas station in Altadena, decided to purchase a new home not far from where his life was forever changed. The winner of the $2-billion Powerball jackpot bought his second multimillion-dollar home in recent weeks, dropping $3.98 million on an Altadena house not far from where he purchased his life-changing lottery ticket.

The TMX story said Castro played football and baseball for Crescenta Valley and eventually studied architecture at Woodbury University in Burbank, California. California Lottery officials said they are confident Castro is the rightful winner. The winner of the $2 billion California Powerball, Edwin Castro, has just dropped $25.5 million on a luxe Hollywood Hills mansion, The Post can confirm. The California Lottery remains confident that Castro is the true winner of the jackpot.

Powerball Billionaire Buys Second Home Worth $4 Million in Hometown of Altadena

Between the three homes, Castro has now spent a combined $76 million on real estate, not to mention other luxury purchases, such as a $250,000 vintage Porsche he was spotted taking for a cruise around town back in April. Later that same month, The Post reported the California native had gotten a second house, this one in his hometown of Altadena, not far from where he bought the life-changing Powerball ticket. Here are the largest lottery prizes in U.S. history, including Mega Millions. By choosing the lump sum, Castro received $997.6 million, but that's before taxes.

Powerball jackpot winner Edwin Castro dropped $25.5 million on a Hollywood Hills home shortly after winning the $2-billion lottery. Castro told lottery officials that he had wanted to "remain private" at the time. A Midwestern boy at heart, he was raised in St. Louis and studied journalism at the University of Missouri. Before joining The Times as an intern in 2017, he wrote for the Columbia Missourian and Politico Europe. That second house, built in 1953, offers unobstructed views of the San Gabriel Mountains, a fireplace-equipped living room, an art studio, and a pond. Castro did not appear at a media conference announcing his win last month but sent a written statement to officials saying he was "shocked and ecstatic" to have won.

He insisted he was the real winner and demanded justice, insisting he would fight to the end. The plush property, near pop star Ariana Grande, has five bedrooms and seven bathrooms and is a stone's throw away from the famous Chateau Marmont Hotel. In March 2023, a month after the lawsuit was filed, Castro purchased his first home - a $25.5 million bachelor pad in the Hollywood Hills.

California State Lottery has a “rigorous vetting process” to ensure that the person who says they’ve won is a legitimate winner, said spokesperson Carolyn Becker. The California Lottery released a statement saying they remained confident Castro is the legitimate winner following a thorough vetting process. "As someone who received the rewards of being educated in the California public education system, it’s gratifying to hear that, as a result of my win, the California school system greatly benefits as well." The pricey property will not make much of a dent in Castro’s lottery savings after pocketing $997 million in cash by opting for a lump sum payout. Powerball jackpot winner Edwin Castro can cross that off his list of purchases following his record-setting $2.04 billion win.

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