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On April 25, Jose Rivera claimed he bought the winning ticket on Nov. 7, hours before the Tuesday morning drawing. According to the New York Post, Castro purchased a second home in his hometown of Altadena, a $4 million mansion with views of the San Gabriel Mountains. Features of the 1953 Japanese-style home include a pool, movie theater, five bedrooms and four bathrooms, the New York Post reported. Castro was reportedly living in a one-bedroom home when he won the Powerball. In a press conference, owner Joe Chahayed Jr. said he wanted to share the money with his 11 grandchildren. Chahayed and his his son, Joe Chahayed Jr., posed for pictures outside Joe's Service Center.
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After Castro claimed his winnings as a one-time, lump sum payment on Valentine's Day, three months after the drawing, he bought a $25.5 million estate in Hollywood Hills on March 1. According to USA TODAY, the 13,500-square-foot mansion sits on a 0.58-acre lot and features five bedrooms, seven bathrooms, game room, wine cellar, movie theater, bar, spa and fitness studio. The single-story Altadena house Castro bought was built in 1953 and sits on almost three-quarters of an acre.
This Vibrant Los Angeles House Has the Best Backstory (There's a Pet Pig Involved!)
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.
Powerball winner buys second multimillion-dollar home with winnings
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.
California Powerball winner buys 2nd multimillion-dollar home — this one in Altadena
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.
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.
Cash Pop winners from Monday, April 29 drawing
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.
Who is Edwin Castro, Powerball lottery winner?
Powerball billionaire Edwin Castro bought $4M Japanese-style mansion for his parents as it's revealed his brother is managing his assets - New York Post
Powerball billionaire Edwin Castro bought $4M Japanese-style mansion for his parents as it's revealed his brother is managing his assets.
Posted: Mon, 11 Dec 2023 08:00:00 GMT [source]
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.
Winner of $2.4 billion Powerball lottery purchases third home for $47 million
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.
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.
Inside Edwin Castro’s $29m real estate empire after the historic $2b Powerball winner buys new houses in f... - The US Sun
Inside Edwin Castro’s $29m real estate empire after the historic $2b Powerball winner buys new houses in f....
Posted: Fri, 29 Sep 2023 07:00:00 GMT [source]
"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.
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.
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.
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