Thursday, May 2, 2024

Edwin Castro went from mechanic to splashing cash on supercars & Hollywood homes after $2 billion Powerball lottery win

edwin castro house

One week later, another man filed a lawsuit claiming to be the rightful winner of the Powerball jackpot instead of Castro. His second home is a 4,300-square-foot, renovated midcentury-style residence, which was sold on March 9, according to Zillow, for $3.98 million. It boasts five bedrooms and five bathrooms, along with touches of Japanese-inspired architecture and decor. Tucked behind gates overlooking the Sunset Strip and Chateau Marmont, the hillside home was built last year by Roman James Design, a luxury development company. Wood and concrete adorn the boxy exterior, leading to open-concept, indoor-outdoor spaces with sweeping views of the city below.

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Designed by reconstructive surgeon-to-the-star Alex Kadavi in collaboration with the Ali Rad Design Group, the mansion cost Castro $25.5 million. The windows extend from floor to ceiling where you can appreciate the Japanese-style garden, which is the theme of the house. Once listed for $87,777,777, the newest home purchase is a contemporary home known as 'Palazzo di Vista' and was designed by reconstructive surgeon-to-the-stars, Alex Kadavi, in collaboration with Ali Rad Design Group. Views from the home span from the San Gabriel Mountains to the Channel Islands.

Winner of $2-billion Powerball jackpot drops $25.5 million on Hollywood Hills mansion

It’s the most expensive sale in Hollywood Hills this year and among the neighborhood’s priciest ever. Castro got a slight discount on the property, which listed for $29.95 million last summer. The odds Castro overcame to win one of just four Powerball drawings – held in 45 states, Washington DC, Puerto Rico and the Virgin Islands – with a jackpot of $1bn or more are difficult to fathom. But he was relatively lucky to win in one of just eight states that do not tax Powerball winnings. He paid $25.5 million for the glassy address (a slight discount from its initial listing price of $29.95 million) back in March. Among other pricey purchases (including a $250,000 vintage Porsche the 31-year-old was seen cruising around in this past April) Castro has treated himself to three California mansions.

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His new Japanese-inspired pad is shielded from the public eye by olive trees and has a stunning unobstructed view of the San Gabriel Mountains, dirt.com reported. Considering the house's stunning architecture and captivating amenities, Castro has indeed hit the jackpot. Throughout the mansion, you'll find a central glass elevator surrounded by a koi pond the size of a swimming pool.

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The vetting process can take weeks or months before a winner can be declared, according to Becker. The highly anticipated drawing was delayed because a participating lottery was still processing its sales and play data, the Multi-State Lottery Association said. Powerball officials said they have "strict security requirements" that 48 participating lotteries must must meet before a drawing can occur. On April 25, however, process servers brought court papers to Castro’s home, in a suit claiming the winning ticket was stolen.

Powerball winner Edwin Castro has associate test drive $1.5m Ferrari for him during visit to luxury car... - The US Sun

Powerball winner Edwin Castro has associate test drive $1.5m Ferrari for him during visit to luxury car....

Posted: Wed, 28 Feb 2024 08:00:00 GMT [source]

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Edwin Castro claimed a winning $2 billion Powerball ticket in February and opted for a one-time lump-sum payment of $997.6 million. Made up of five bedrooms and seven bathrooms, the sprawling property occupies more than 13,500 square feet of living space. And it looks like he wasted no time putting his new money into some new real estate. Meanwhile, in December it was reported Castro had purchased a second luxury property - a $4 million house for his parents. Other highlights include a whole-house water filtration system, solar system with Tesla PowerWall batteries, art studio, den, and soundproof movie theater. Edwin Castro, the winner of that record-setting, $2.1-billion Power Ball jackpot, just made his first big purchase, dropping $25.5 million on a palatial pad in the star-studded Hollywood Hills.

edwin castro house

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His growing collection includes a Porsche 911 rumored to be worth $200,000. Rivera hired legal counsel, and Castro took on attorney David De Paoli during the beginning months of the case. The U.S. Sun previously learned he was sent the huge payments via direct deposit from January 18, with bank statements showing a list of payments, each for $75,818,944.26. The home is complete with a two-car garage with a solar power system and an electric vehicle charging station. The property can park more than a dozen vehicles off-street in a detached two-car garage and separate covered carport.

Just days after closing on a mansion in the Hollywood Hills, the winner of the largest Powerball jackpot in history has purchased another luxury home to the tune of about $4 million. Now as for Castro's Hollywood Hills mansion, that property is surely the one to entertain. Castro's single winning ticket was worth a whopping $1.9 billion, according to the California Lottery.

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Exterior features include an infinity pool, a spa, two fire pits and a built-in barbecue area. The new house was built in 1953 and features spectacular views of the mountains and measures approximately 4,361 square feet. Just a month ago, the lucky winner of the historic Powerball jackpot bought a house in Hollywood Hills valued at $25.5 million. "When it comes to the vetting process for big winners, California Lottery has the utmost confidence in its process for doing so," said California Lottery spokesperson Carolyn Becker. "California Lottery remains confident that Edwin Castro is the rightful winner of the $2.04 billion prize stemming from the Powerball drawing in November of 2022."

It features high ceilings, crisp white walls and minimalist light fixtures perfect to put an art collection on display. The outlet details the 1953-built five-bedroom, four-bath home as being modern with Japanese influence. Palazzo offers panoramic views of the San Gabriel Mountains and Channel Islands from a hilltop overlooking Bel Air, California. One of Los Angeles' most coveted neighborhoods, the mansion sits on an acre of land, offering privacy and seclusion.

Fans of actor Robert Downey Jr.’s Stark may remember the home’s sweeping views, floor-to-ceiling glass walls, the luxurious, plush setting. “The lottery sales [have] increased, like triple time,” Chahayed said. He said there have been some other winners since Castro, but nothing close to the historic Powerball win. The former listing makes note of its oversized, pivoting front doors, Jatoba wood floors and floor-to-ceiling windows throughout. Walls of glass open to the back, where patios lead to a swimming pool, spa and outdoor kitchen. Here are the largest Powerball jackpots in history, according to the lottery game.

"At five o’clock, the entire house feels completely golden," Ellen notes. "If you look at the turquoise-y blue, it’s a pastel color that ties in with the coral, and it looks good with yellow," says Ellen. "I would say our color palette isn’t feminine or masculine; it’s gender-neutral, but happy." The pair of leather chairs were miraculously rescued from the fire in the original house. The New York Post said Castro also bought a vintage white Porsche for $250,000.

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