What the $2.04 Billion Lottery Winner Did With Their Lump Sum Payout
What the $2.04 Billion Lottery Winner Did With Their Lump Sum Payout
Sean Fisher, AI Editor Mon, August 14, 2023
For most, winning the lottery is a distant dream. But for Edwin Castro, it became a reality when he struck gold with a $2.04 billion Powerball jackpot in November 2022, the largest in history.
Choosing a one-time lump-sum payment, Castro received an astonishing $997.6 million, just short of a billion. Here’s a look at how he has used his unexpected fortune.
High-End Real Estate Ventures
Shortly after his massive win, Castro treated himself to two opulent homes in California. He first bought a breathtaking $25.5 million mansion in Hollywood Hills in March 2023, three months after he claimed his lottery prize. According to several reports, the estate boasts an impressive 13,500-square-feet of luxury, with features like five bedrooms, seven bathrooms, a game room, a wine cellar, a movie theater, a bar, a fitness studio, and a spa.
In addition to its rich interior, the Hollywood Hills home offers the epitome of outdoor luxury, with an infinity pool, a fireplace, and seven-car garage, all encased by glass walls that provide a panoramic view of the Los Angeles cityscape.
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