$2B Powerball winner Edwin Castro spotted around town in vintage Porsche

May 2024 · 4 minute read

Explore More

His big smile totally makes cents.

Edwin Castro, who became an overnight millionaire after winning the $2 billion Powerball prize, was spotted taking his vintage $250,000 Porsche for a cruise around town — and ducking into a bank to take out a fat wad of cash.

The lucky 30-year-old, from California, was dressed down in a quarter-zip Under Armour shirt, joggers and flip-flops while running his errand at a Chase bank with a pal on Wednesday. He added a whopping $997.6 million to his account when he won the largest lottery prize in US history last year.

Castro came forward in February to claim his winnings and opted for a one-time, lump-sum payment.

He has since invested in real estate — buying two multimillion-dollar homes in California in just one month.

Castro purchased both a $25.5 million Hollywood Hills estate and a $4 million mansion with views of the San Gabriel Mountains in March.

The Hollywood Hills residence has five bedrooms, seven bathrooms and a total 13,500 square feet of living space.

Castro also purchased a $250,000 vintage Porsche 911. Diggzy/Jesal / SplashNews.com
Castro smiles after being spotted outside his bank on Wednesday. Diggzy/Jesal / SplashNews.com
Castro has a $997.6 million fortune since opting to take a one-time, lump-sum payment from his winnings. Diggzy/Jesal / SplashNews.com
Castro dressed casually in a quarter-zip shirt, joggers and flip-flops. Diggzy/Jesal / SplashNews.com

The home includes luxe features like a game room, wine cellar, movie theater, bar, infinity pool, spa and a fitness studio with hot and cold plunge pools.

The less expensive home is located in Castro’s hometown of Altadena, just a short distance from the gas station where he purchased his winning Powerball ticket.

Here's everything to know about the $2B Powerball jackpot lawsuit

Edwin Castro claimed a winning $2 billion Powerball ticket in February and opted for a one-time lump-sum payment of $997.6 million.

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.

On April 25, however, process servers brought court papers to Castro’s home, in a suit claiming the winning ticket was stolen.

Jose Rivera claims he purchased the winning ticket on Nov. 7, 2022, the day before the drawing.

Rivera is suing Castro and his former landlord Urachi “Reggie” Romero, who he claims stole his ticket and told him it was a “loser.”

Romero has denied stealing the ticket but supported Rivera’s claim that he was the rightful ticket holder.

California Lottery officials said they are confident Castro is the rightful winner.

READ MORE

The Japanese-style pad was built in 1953 and has five bedrooms and four bathrooms.

It also includes a saltwater swimming pool, movie theater, outdoor pond and a garage-carport combo that can fit more than a dozen vehicles.

Castro grew up in Altadena and was living in a small, one-bedroom home at the time he won the record-breaking jackpot. Diggzy/Jesal / SplashNews.com
In March, he purchased a $25.5 million Hollywood Hills home. Diggzy/Jesal / SplashNews.com

Castro has purchased at least one lavish new whip to match his income boost — a vintage, white $250,000 Porsche.

The properties are a massive upgrade from the lotto winner’s former — and much smaller — one-bedroom home in Altadena, according to images of the humble abode.

Castro’s new lifestyle also includes 24/7 security.

The property has panoramic views of downtown LA. Simon Berlyn/MEGA

He has a rotation of three guards who protect him and his home around the clock.

He has not done any media interviews since his life-changing win but released a statement that Powerball officials read when they announced the winner.

“As much as I am shocked and ecstatic to have won the Powerball drawing, the real winner is the California public school system,” he said in the statement.

Castro has not done any interviews with the media since coming into the massive fortune. Diggzy/Jesal / SplashNews.com

“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.”

Castro said he was born and raised in California and attended public schools in the state.

“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,” he said.

ncG1vNJzZmimqaW8tMCNnKamZ2Jlf3R7j21ma25fZ69uvM6wnKuakaG5bsPIp6Weql2asbi1zWaamqukp7xuv8%2Boq62dlGK0rbHEn6ylpKlisKK%2Fx6KloGWfqsFurdNmmZqmm2Q%3D