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$2-billion Powerball jackpot winner buys $25 million Hollywood Hills mansion

A pile of money. (Government Accountability Office)
March 08, 2023

Edwin Castro, the man who won the $2-billion Powerball jackpot, recently purchased a $25.5 million home in Hollywood Hills. California.

He bought the house under a limited liability company after choosing his collection method of a one-time lump sum payment of $997.6 million before taxes. This new purchase amounts to around 2.56 percent of his total winnings.

According to the Los Angeles Times, the home purchase is the most expensive sale of this year in the area, even after Castro received a discount. The home was originally listed for $29.95 million last summer.

The home was constructed last year by the luxury development company Roman James Design and overlooks the Chateau Marmont and Sunset Strip. The house has three stories and a rooftop deck with five bedrooms and six bathrooms. The home also includes a wine cellar, movie theater, gym, steam shower, game room, wet bar, game room, and sauna.

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The entire property is on roughly half an acre. The listing was held by Drew Fenton of Carolwood Estates, along with H. Blair Chang and Stefen Pommpepuy. The buyer was represented by Max Lindenberger of Black Bay Realty Group.

Castro originally purchased the winning ticket at a gas station in Altadena, California in November of last year, but declined to speak publicly when he collected the winnings this year. However, he recently released a statement saying he was “shocked and ecstatic.”

According to The Richest, some famous celebrities that live in Hollywood Hills include Zac Efron, Keanu Reeves, Jared Leto, and Leonardo DiCaprio.