$2 billion Powerball lottery winner bought incredible car with winnings

  • Edwin Castro, 31, from California, won the historic $2 billion Powerball Jackpot
  • He purchased his dream car with his winnings
  • He also invested in a property portfolio

 

Published on Nov 14, 2023 at 9:34 PM (UTC+4)
by Amelia Jean Hershman-Jones

Last updated on Nov 17, 2023 at 2:56 PM (UTC+4)
Edited by Adam Gray

A man who won the historic $2 billion Powerball Jackpot bought his dream car with his winnings.

Winning the U.S. lottery changed his life in more ways than one.

He’s since spent 2023 splashing the cash on a number of homes as well as an incredible car.

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Edwin Castro, 31, hails from California.

He purchased the fated winning ticket from a local gas station in November last year.

However, he didn’t come forward until February to cash it in and claim his massive winnings.

The history-making sum was the largest-ever lottery jackpot.

Lucky winning-ticket holders can choose between an upfront cash lump sum and an annuity spread out over 30 years.

Castro opted for the lump sum of $997.6 million – making him almost a billionaire overnight.

And while some billionaires are surprisingly frugal, other including Castro like to treat themselves and their loved ones.

He claimed his winnings on Valentine’s Day and reportedly bought a vintage white Porsche for $250,000 in April.

It’s a classic white 1980s Porsche 911.

A car which in its entirity and constituent parts has never lost its value.

He was pictured getting into it with his security guard before driving off into the sunset.

He was also pictured buying two new cars earlier this month.

These include a British racing green Porsche 356 from the 1970s and a sleek black Porsche 911 from the 1980s. 

His fleet also includes a robust grey Ram 1500 TRX, plus a trio of Volkswagen Karmann Ghias painted black and red.

In addition to cars, he purchased a $25.5 million estate in Hollywood Hills on March 1.

The 13,500-square-foot mansion sits on a 0.58-acre lot.

It boasts five bedrooms, seven bathrooms, a game room, a wine cellar, movie theater, bar, spa and fitness studio, according to USA Today.

What’s more, he’s rubbing shoulders with neighbous including Ariana Grande, Dakota Johnson and Jimmy Kimmel.

He continued to add to his luxury property portfolio with a second mansion in his hometown.

Set in the San Gabriel Mountains of Altadena, California, the $4-million, Japanese-style home was built in 1953.

With five bedrooms and four bathrooms, it also boasts a pool and movie theatre, according to the New York Post.

This month, Castro bought a third mega-mansion to add to his collection.

Using celebrity real estate agent, Mauricio Umansky, he splashed $47 million on his new home.

It has seven bedrooms, 11 bathrooms, a koi pond, and a huge infinity pool.

The perfect party house, it also has DJ turntables and a champagne room, glass walkway, a wine cellar, and a home theatre.

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All Supercar Blondie contributors undergo editorial review and fact-checking to ensure accuracy and authority in automotive journalism. After gaining her BA Hons in French and English at the University of Nottingham, Amelia embarked on a vocational diploma from the National Council for the Training of Journalists (NCTJ). This led to numerous opportunities, from interning at Vogue to being on the small team that launched Women’s Health magazine in the UK, which was named the PPA Consumer magazine of the year for three years running. As Health, Beauty and Fitness editor, Amelia personally received a Johnson & Johnson Award and was shortlisted for both PPA and BSME titles. Since then, Amelia has created content for numerous titles and brands, including the Telegraph, 111 Skin, Waitrose, Red magazine, Stylist, and Elle, as well as being Head of Content at Vitality and Editor in Chief at INLondon magazine. “My superpower is translating technical jargon about the mechanical workings of a supercar into a relatable story you’ll want to share with your friends after you’ve read it.” After joining the SB Media family as a senior journalist in September of 2023, Amelia’s role has evolved to see her heading up the SEO output of the editorial team. From researching the most ‘Google-able’ key terms to producing evergreen content - it’s been a time of hard work, growth, and success for the editorial team and the Supercar Blondie website. “I like to think of myself as a ‘method journalist’. In other words: I live and breathe whatever I am writing about. When writing about fitness, I trained as a personal trainer, and as a beauty editor, I completed an ‘expert’ in scent diploma with the Fragrance Foundation. “During my tenure at Supercar Blondie, however, I did something I never thought possible: I passed my driving test at the age of 36. One day I’d love to train as a mechanic to better understand what happens under the hood, too. “My sweet spot is providing readers with a ‘takeaway’ (read: something new they didn’t know before) after reading every one of my stories. While I don’t claim to be an expert in the automotive world, I know the experts and bodies in the field to rely on to provide our readers with an informative and thought-provoking story every time they visit the site.”