$2.04 billion Powerball winner bought $25 million Hollywood dream home and another in his hometown (2024)

  • Powerball lottery has reached $1 billion jackpot three times in the history of the game
  • As of August 2023, there have been 8 times a Powerball or Mega Millions drawing has surpassed $1 billion
  • Only once in the history of the game did Powerball reach a $2 billion grand prize

What's it like to become an "almost billionaire" overnight?

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.

Since his historic win, news reports show he has splurged, buying two multimillion-dollar homes in his home state of California, and a vintage ride that's sure to turn heads. 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. In California, lottery winners' identities are public record, unless they form a trust. California Lottery director Alva Johnson announced Castro's win on Valentine's Day, Feb. 14, 2023, in Sacramento, Calif.

Here are some things to know about Castro and that record-breaking, life-changing lottery win.

2 weeks after $1.05 Powerball jackpot,Mega Millions has its own $1.10 billion grand prize

Who won $2.04 billion Powerball jackpot?

After months of rollovers, the Nov. 7, 2022, Powerball drawing ballooned to a whopping $2.04 billion. The jackpot was an estimated $1.9 billion days before the drawing, but lottery ticket sales pushed it to more than $2 billion after updated calculations. The drawings had rolled over 40 times since Aug. 3, 2022. Edwin Castro finally won the lottery with thesewinning numbers: 10-33-41-47-56 and the Powerball was 10.

Did something weird happen with $2.04 billion Powerball lottery drawing?

Because of the intense interest in the $2 billion prize, there was a delay in the drawing for almost 10 hours. Powerball drawings are normally at 11 p.m. EST Mondays, Wednesdays and Saturdays. Nov. 7, 2022, was a Monday, and the drawing didn't occur until the next morning.

According to Powerball, the delay was due to "a participating lottery needing more time to complete the required security protocols."

The highly anticipated drawing was delayedbecause a participating lottery was still processing its sales and play data,the Multi-State Lottery Association said. It's not clear which lottery was affected.Powerball officials said they have "strict security requirements" that 48 participating lotteries must meet before a drawing can occur.

As soon as the required procedures were completed by the one outstanding lottery, the drawing proceeded just before 9 a.m. Tuesday.

Who sold winning $2.04 billion Powerball ticket in California?

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.

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. Retailers typically get a small piece of the grand prize, but because lottery ticket sales pushed the Powerball jackpot well over $2 billion, the bonus prize grew, too. The California Lottery awarded Chahayed a $1 million bonus for selling the winning ticket.

"We want to thank all of our community members that always come that are dedicated to this station," Chahayed said at the Nov. 9 news conference."They truly believe in luck and they truly believe that some things are just deserved to be."

In addition to the grand prize, 22 tickets worth $1 million matched all five numbers except the Powerball in 16 states, Powerball officials said.

What were the winning Powerball numbers for $2.04 billion drawing?

In an odd coincidence, one of the winning numbers matched the Powerball in the $2.04 billion drawing. The Nov. 7, 2022, winning Powerball numbers were 10-33-41-47-56 and the Powerball was 10.

Tick tock, tick tock.If you won Powerball July 19, 2023, drawing, you have until this date to claim $1.08 billion

What did $2.04 billion lottery winner do with his prize money?

$2.04 billion Powerball winner bought $25 million Hollywood dream home and another in his hometown (1)

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-footmansion sits on a 0.58-acre lot and features five bedrooms, sevenbathrooms, game room, wine cellar, movie theater, bar, spa and fitness studio. The main room is on the third floor and has its own balcony. Other amenities include a garage big enough to park seven cars.

Most of the house, which sports an outdoor infinitypool and fireplace, is made up ofglass walls, photos show.

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.

The New York Post said Castro also bought a vintage white Porsche for $250,000. In addition to his luxury splurges, Castro has a round-the-clock security team.

Who is Edwin Castro, Powerball lottery winner?

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. The TMZ story said Castro played football and baseball for Crescenta Valley and eventually studied architecture at Woodbury University in Burbank, California.

$2.04 billion lottery winner was sued

$2.04 billion Powerball winner bought $25 million Hollywood dream home and another in his hometown (2)

State lotteries recommend players who believe they have a winning jackpot prize ticket sign the ticket, put it in a safe place, seek financial and legal advice, and contact their state lottery to make an appointment to claim the prize.

Winners also undergo a vetting process by their state lottery. California State Lottery has a “rigorous vetting process” to ensure that the person who says they’ve won is a legitimate winner, said spokesperson Carolyn Becker.

The vetting process can take weeks or months before a winner can be declared, according to Becker.

However, that didn't stop Edwin Castro from being sued by a man who claimed the winning lottery ticket was actually stolen.

On April 25, Jose Rivera claimed he bought the winning ticket on Nov. 7, hours before the Tuesday morning drawing. California Lottery officials backed Castro and its vetting process.

Who won $1.08 billion Powerball in California on July 19, 2023?

Like Edwin Castro, there's another billion-dollar Powerball lottery winner from California.

After three months of rollovers − from April to July − Powerball again hit the billion-dollar mark July 18, 2023, when no one matched all five numbers plus the Powerball in the Monday, July 17, drawing. A singleticket purchased in California eventually won Powerballon Wednesday, July 19, for $1.08 billion. The identity of the winner(s) has not been revealed as of Aug. 1, 2023.

Contributing: N'dea Yancey-Bragg, Orlando Mayorquin, Mike Snider, Thao Nguyen, Claire Thornton, USA TODAY; Nate Chute, Austin American-Statesman

Sangalang is a lead digital producer for USA TODAY Network-Florida. Follow her onTwitteror Instagram at@byjensangalang. Support local journalism.Consider subscribing to a Florida newspaper.

$2.04 billion Powerball winner bought $25 million Hollywood dream home and another in his hometown (2024)


$2.04 billion Powerball winner bought $25 million Hollywood dream home and another in his hometown? ›

But last November, all the odds were beat when Edwin Castro won the $2.04-billion Powerball jackpot after purchasing a ticket at a gas station. And now, as the Los Angeles Times reports, he's used a fraction of his winnings on a $25 million Tinseltown mansion.

How much did Edwin Castro get after taxes? ›

After taxes, $2.04 billion Powerball lottery winner Edwin Castro walked away with $628.5 million, reports show.

What happened to Edwin Castro, the lottery winner? ›

After months of vetting through the California Lottery, Castro officially claimed his grand prize on Valentine's Day, Feb. 14, 2023. Since then, Castro has purchased three homes in his home state of California along with several vintage cars, including two Porsches almost a year after the drawing, news reports show.

Where did Edwin Castro buy his winning ticket? ›

The largest lottery prize to date went to California winner, Edwin Castro in Nov. 2022. Castro bought his winning $2.04 billion Powerball ticket at Joe's Service Center in Altadena. Castro opted for the lump sum payment of $997.6 million.

Who is Yanira Alvarez? ›

Yanira Alvarez is the lucky lady who had that ticket, which came from Las Palmitas Mini Market. Her win last July ended a 39-draw jackpot run for Powerball and was the first of two back-to- back billion-dollar winning tickets sold in California.

How much did the $2 billion lottery winner get after taxes? ›

Senior Contributor. I focus on taxes and litigation. The winning Powerball ticket was sold at Joe's Service Center in Altadena, California, entitling the ticket holder to a massive $2.04 billion jackpot.

How much do you get taxed if you win the lottery in California? ›

There are generally no California state taxes for Lottery prizes, but we are required to withhold federal taxes. With an annuity prize, payments are made based on a graduated or a straight payment structure.

Who is the billionaire lottery winner broke? ›

Edwin Castro, 31, scooped up $2.04 billion in a California lottery last year and became an overnight billionaire, adding $997.6 million to his account after coming forward to collect the lump sum payment.

Who was the billionaire lottery winner sued? ›

The winner of a $1.35bn Mega Millions jackpot, one of the biggest lotto prizes in American history, is the target of a new lawsuit alleging he stiffed his family out of their promised portion of the funds.

Who is the richest Lotto winner? ›

The biggest jackpot of all time in America was a $2.04 billion Powerball win on Nov. 7, 2022, in California. Who won the $2 billion jackpot? The winner of the greatest jackpot in a national lottery was Edwin Castro, who was the 1-in-292.2 million winner of the biggest lottery jackpot of all time.

Who is the largest winner of the lottery history? ›

The largest Powerball jackpot in US history was won by Edwin Castro in Southern California, totaling $2.04 billion. The ticket was sold in Nov. 2022 at Joe's Service Center in an unincorporated community near Los Angeles. Here is a list of the largest jackpots won in the US and the state where the tickets were sold.

Who is the 31 year old lottery winner? ›

That winner, 31-year-old Edwin Castro, also hailed from California, and subsequently went on a real estate-buying spree. "Announcing big wins like this gives all of our players the chance to hope and dream that they could be next," California Lottery director Harjinder K. Shergill Chima said in a statement.

Who won the billion dollar Powerball 2024? ›

Powerball Lottery winner, Cheng 'Charlie' Saephan, celebrates his big win at the Oregon Lottery offices in Salem, Ore., on April 29, 2024.

What were the Powerball numbers for Yanira Alvarez? ›

Yanira Alvarez is the lucky woman who came forward with the winning ticket, which came from Las Palmitas Mini Market, downtown L.A. The winning numbers were 7, 10, 11, 13 and 24, with a Powerball of 24.

Has anyone claimed the $2 billion dollar lottery? ›

California resident Edwin Castro is the sole winner of the record-breaking jackpot from November 2022. The California Lottery is maintaining it verified the rightful winner of the record-breaking $2.04 billion Powerball jackpot, after a man claimed he had the winning ticket before it was stolen from him.

What is the lump sum vs annuity for Edwin Castro? ›

“According to the USA Mega analysis, the annuity of a $1.13 billion jackpot would pay out $591.7 million after federal income taxes and state taxes, compared to the lump-sum payout of $280.9 million.” The largest jackpot winner in US history, Edwin Castro, chose the lump sum amount of $997.6 million.

What's the annuity on 1.9 billion? ›

The Powerball jackpot has risen to a record $1.9 billion ahead of Monday night's drawing. The new $1.9 billion jackpot is for a winner who is paid through an annuity in a 29-year span. The first payment would be $28.5 million, and the amount would grow each year to the final payment of $117 million.


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