Table Of Content
- L.A. officials looking to ban cashless businesses
- $2B Powerball winner buys new Bel Air mansion; take a look inside
- Powerball winner Edwin Castro splurges on new $47M LA mansion in latest lavish purchase after $2B win
- These are the best Mother’s Day gifts you can buy …
- Who won $2.04 billion Powerball jackpot?
In addition to his luxury splurges, Castro has a round-the-clock security team. According to Powerball, the delay was due to "a participating lottery needing more time to complete the required security protocols." Despite numerous attempts to obtain the video, the state lottery has refused to release it publicly or comment on the case amid pending legal proceedings. If Rivera is convicted, he could serve up to six months in jail or pay a fine of up to $1,000.
'A major ongoing financial burden': $2B Powerball winner buys 3rd multimillion-dollar home, Porsche 911 reports say ... - Yahoo Finance
'A major ongoing financial burden': $2B Powerball winner buys 3rd multimillion-dollar home, Porsche 911 reports say ....
Posted: Thu, 28 Dec 2023 08:00:00 GMT [source]
L.A. officials looking to ban cashless businesses
After months of rollovers, the Nov. 7, 2022, Powerball drawing ballooned to a whopping $2.04 billion. The jackpot was an estimated at $1.9 billion days before the drawing, but lottery ticket sales pushed it to more than $2 billion after updated calculations. Sitting on almost three-quarters of an acre, the home inspires a sense of tranquility with a pond, a saltwater pool, and a zen garden. Although built in 1953, the single-story property has many modern amenities, including a theater, a studio, and a two-car garage equipped with an electronic vehicle charging station. Castro, who chose to collect the money as a lump sum of about $997.6 million before taxes, bought the modern mansion under a limited liability company, records show. The winner of the $2-billion Powerball jackpot isn’t wasting any time spending the money.
$2B Powerball winner buys new Bel Air mansion; take a look inside
In 2022, the property taxes were listed at $133,298, the Zillow listing states. Edwin Castro, who won Powerball’s record-breaking $2 billion jackpot this February, isn’t quite done spending his newfound cash on luxury real estate. The nearly 14,000-square-foot mansion sits on a 0.58-acre lot and features an infinity pool, five bedrooms, seven bathrooms and other common spaces. "When the house was being built, there were a lot of things we didn’t have control over, and I like to keep the show rolling," Ellen explains.
Powerball winner Edwin Castro splurges on new $47M LA mansion in latest lavish purchase after $2B win
As of Aug. 22, 2023, a check online shows the estimated refinance payment of $174,741 per month. The TMZ story said Castro played football and baseball for Crescenta Valley and eventually studied architecture at Woodbury University in Burbank, California. When life hands you a $2.04 billion Powerball win, it's customary to splurge. The complaint lists California, the state's lottery commission, Castro, and "Reggie" — a fictitious name, per the document, which Rivera used as he does not know the individual's real name — as defendants.
These are the best Mother’s Day gifts you can buy …
As soon as the required procedures were completed by the one outstanding lottery, the drawing proceeded just before 9 a.m. Because of the intense interest in the $2 billion prize, there was a delay in the drawing for almost 10 hours. Nov. 7, 2022, was a Monday, and the drawing didn't occur until the next morning. Here are some things to know about Castro and that record-breaking, life-changing lottery win. Panoramic views of Downtown LA to Century City are seen through a wall of Fleetwood glass doors, the previous listing notes.
Hush money trial judge raises threat of jail as he …
The California Lottery announced that Edwin Castro was the winner of the historic Powerball jackpot on Feb. 14. Castro decided to take a lump sum of $997.6 million after paying taxes. The winner of the largest prize that has been awarded in the history of the lottery in the United States made his first major purchase -- and it is a doozy.
Southern California middle school evacuated due to …
Inside the $4 million mansion lottery winner Edwin Castro ‘bought for his parents’ with 5 bedrooms and stu... - The US Sun
Inside the $4 million mansion lottery winner Edwin Castro ‘bought for his parents’ with 5 bedrooms and stu....
Posted: Tue, 12 Dec 2023 08:00:00 GMT [source]
The 4,361 square feet Japanese-inspired modern home was built in 1953 and includes a manicured courtyard and a “private oasis” at the center of the U-shaped property. Earlier this month, Edwin Castro purchased the Hollywood Hills luxury complex for $25.5 million. According to Dirt.com, which was the first publication to identify Castro as the mansion’s new owner, Castro apparently was not done shopping. According to the real estate page Compass, the property is a Japanese-inspired modern single-level house that stands out for "simplicity and attention to detail and a contemplative atmosphere." Now, he has another property in a growing real estate portfolio -- a residence in his hometown of Altadena.
“As much as I am shocked and ecstatic to have won the Powerball drawing, the real winner is the California public school system,” Castro, who did not appear in the press conference, said in his statement. “The mission of the California Lottery, which is to provide supplemental funding for California public education — both public schools and colleges — makes this a huge win for the state. With his money, Castro purchased a $25.5 million Hollywood Hills mansion in March that’s stacked with amenities, including seven bedrooms and an infinity pool. As reported by Dirt.com, Castro purchased a 5-bed, 5-bath home located on the 2100 block of Midlothian Drive in Altadena. The real estate listing on Compass.com has the closing date listed as March 9, just eight days after the Hollywood Hills home purchase was completed.
$2.1 Billion Power Ball Winner Buys $25.5 Million Hollywood Hills Home
The "modern retreat" listed by luxury realtors The Agency had an original asking price of $29.95 million. Castro came forward over three months after purchasing the winning ticket at a gas station in Altadena, and his win was announced Feb. 14 by California Lottery officials. It also has an infinity pool, a wine cellar, a movie theater, a double-height staircase, a fitness studio, a spa, and two firepits, The Post reported in March. California lottery officials last month named Edwin Castro the winner of the record $2.04 billion Powerball drawing from November, the largest prize in U.S. lottery history.
It's just a short drive from the Mobil gas station where he bought his winning Powerball ticket. Since claiming the record-breaking $2 billion California Powerball’s winning ticket in February, Edwin Castro has dropped a combined $76 million on eye-wateringly expensive real estate. However, that didn't stop Edwin Castro from being sued by a man who claimed the winning lottery ticket was actually stolen. For the sole winner of the $2.04 billion Powerball drawing in November 2022, life seems a bit more glamorous. Edwin Castro won the largest-ever lottery jackpot, and he opted for a lump sum of $997.6 million, just shy of $1 billion, according to the California Lottery.
Edwin Castro bought a $25.5 million mansion in the Hollywood Hills, according to Dirt, a real estate publication. Interestingly, at one point, the house was on the market for $87.777 million. The 13,500-square-foot mansion above Hollywood’s famed Chateau Marmont hotel sits on a 0.6-acre lot and has five bedrooms and seven bathrooms.
Castro purchased a $25.5 million home a month after claiming his prize on a Hollywood Hills hillside, living close to Ariana Grande, Dakota Johnson and Jimmy Kimmel. There’s a movie theater, a saltwater swimming pool, a fireplace-equipped living room and privacy-ensuring olive trees around the perimeter. This newly minted lottery winner out west has wasted no time spending his jackpot payout. There was one winner in the drawings held Monday, April 29 in the Florida Lottery, excluding Cash Pop. In addition to the grand prize, 22 tickets worth $1 million matched all five numbers except the Powerball in 16 states, Powerball officials said.
It includes five bedrooms, five bathrooms and a saltwater pool, according to the listing. Described as Japanese-inspired modern, the 4,361-square-foot home is only about three miles from the gas station on West Woodbury Road where he bought the winning Powerball ticket in November. The sale was closed on 1 March, two weeks after California lottery officials publicly revealed Castro’s identity to satisfy a state law. Though he declined to appear publicly when he claimed the grand prize two months after the drawing, he complimented California public schools "as the real winner" and said in a written statement he was shocked and ecstatic. California Lottery director Alva Johnson announced Castro's win on Valentine's Day, Feb. 14, 2023, in Sacramento, Calif.
"A lot of people who win the lottery say their lives were ruined because of the money, they party hard and get caught up in the lifestyle, some even end up spending it all," a source close to him said. LOS Angeles mechanic Edwin Castro became the biggest US lottery winner when he clinched the historic $2.04 billion Powerball jackpot in November 2022. One of the bedrooms is currently being used as a personal theater, the listing says, while a second bedroom functions as a studio.
This left him with an estimated $600 million in the bank after taxes on the Powerball lump sum. This property was brought to Castro's attention by Aaron Kirman of the Aaron Kirman Group at Compass and Mauricio Umansky of The Agency, who handled the listing. LOS ANGELES - People often ponder what they would do if they won the lottery. Having won the largest-ever Powerball jackpot of $2 billion in November, a California man had more reason to dwell on it. Castro was the winner of the historic draw on November 7, 2022 where he won $2.04 billion.
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