$2 billion Powerball lottery winner Edwin Castro buys a third California mansion for $47 million

Comment #44

dickblow — Sun, 24 Sep 2023 23:40:21 GMT

his money do what he wants

Comment #43

justadream — Thu, 21 Sep 2023 20:48:16 GMT

The top two reasons behind people leaving Cali is the cost of living and crime. When you are worth millions you don't care about the cost of living and the better areas have less crime. Two different worlds . There's a reason so many famous people have a home here in Ca.

Comment #42

hearsetrax — Wed, 20 Sep 2023 09:56:09 GMT

some are a glutton for punishment in a sense,

but then I never could understand the mind set of certain types of people nor thar respective motivation/s

Comment #41

Rexer90 — Wed, 20 Sep 2023 04:39:18 GMT

You would hope he'd have the good sense to get TF out of LA to start with, or out of Califailure altogether...

apparently none of his *financial advisers* have that good sense to tell him either. The day I collected would have been my last day in Ca.

Comment #40

Think — Thu, 14 Sep 2023 15:09:46 GMT

I don't have a huge interest but my pesky memory wont let me forget things...sigh

Comment #39

CDanaT — Thu, 14 Sep 2023 03:52:45 GMT

Sorry Think...Didn't observe that one,to the best of my recollection. Haven't had much interest in staying up with the huge winners.

Comment #38

Wildbill78 — Wed, 13 Sep 2023 23:07:44 GMT

Well he's enjoying my $50 I put in that draw that week and probably around $250 of my hard earned money when it starts out at $20 million before it rolled all the way $2 Billion. Enjoy my money and hundred millions of more of us dumbs dumbs who decided to fund his life style but what can you say, do blame him

Comment #37

Wildbill78 — Wed, 13 Sep 2023 22:59:16 GMT

Comment #36

rcbbuckeye — Wed, 13 Sep 2023 21:53:51 GMT

If it's hardly interesting why do you even bother posting about it?

And... what should he do with all that money, just bury in his back yard? At least he's putting it things that will increase in value.

Comment #35

Nikkicute — Wed, 13 Sep 2023 21:07:21 GMT

Me too, it's the cost of upkeep for me:

$232 million Powerball lottery winner from South Dakota lists ranch for sale

https://www.lotterypost.com/news/333652

Now he was 23 years old when he won this 2009 Powerball jackpot, 11 years later he had the ranch up for sale. If you look at the pictures of the ranch, the property was pretty big, wouldn't have a clue with the light bill would be on that lol.

Purchasing is one thing, upkeep is another but if Edwin manages his money right,... [ More ]

Comment #34

welington — Wed, 13 Sep 2023 20:54:53 GMT

Good for you Edwin Castro.I hope it's not your advisors referring you to these Realtors But I guess they are. Taxes, insurance and maintenance will get higher but now I guess you can afford it . Hope these properties are for your family . Good luck to you enjoy your wealth. Worse come you can sell sell sell

Comment #33

Think — Wed, 13 Sep 2023 20:17:36 GMT

Either you forgot or you didn't read the post with the picture of him and his security getting out of his Porsche to go into the Wells Fargo Wealth Advisor in one of the other posts in news.

Comment #32

KY Floyd — Wed, 13 Sep 2023 18:22:48 GMT

When buying houses, one needs to take into account the costs of ownership ...

I really don't understand the desire some people have for such ridiculously big and expensive homes, but even at those kinds of prices it's probably a good long-term investment. Of course we have no idea if he's thinking of it as an investment. We know from past posts here that a lot of people have some kind of need to have far more house than anyone needs, and it's possible that his motivation has nothing to do w... [ More ]

Comment #31

CDanaT — Wed, 13 Sep 2023 16:54:37 GMT

I only want his investments destroyed to teach him a lesson about greed

That would be a hoot. And maybe a wildfire taking out his other two mansions.

I hope he does go belly up in about 5 years.

I fully understand your position. Got it. Thanks for posting and clearing things up.

Best of luck on your next lottery purchase.

Comment #30

billybucks — Wed, 13 Sep 2023 16:40:26 GMT

You combined my response with a response by play4shekels. I only want his investments destroyed to teach him a lesson about greed. It can sometimes backfire.

Comment #29

Brock Lee — Wed, 13 Sep 2023 16:13:23 GMT

i pictured him with more hair.

Comment #28

sully16 — Wed, 13 Sep 2023 16:00:48 GMT

You're a jerk, Maui wildfires just took the lives of hundreds of people and there are still 700+ children missing.You just an ugly human. Oh look a picture of BillyBucks.

Comment #27

CDanaT — Wed, 13 Sep 2023 15:52:05 GMT

Yes Billy, Thanks for posting, your interests are duly noted:

I hope he does go belly up in about 5 years . What a pleasure it will be to watch it roll down the hill in pieces when the big one hits. That would be a hoot. And maybe a wildfire taking out his other two mansions.

Comment #26

jjtheprince14 — Wed, 13 Sep 2023 15:48:23 GMT

He should just buy 10 more mansions, a fleet of 100 exotic cars for all of them. Multiple yachts, private jets, etc.

Comment #25

SCnational — Wed, 13 Sep 2023 15:31:29 GMT

I doubt it's him putting this out. It's probably reporters monitoring the real estate activity of whatever entity he uses to buy properties. It's to generate clicks for themselves. It's not like he's out there looking for publicity. If you want to argue about the decision to investment in ultra expensive CA property well that's another thing.

Comment #24

billybucks — Wed, 13 Sep 2023 15:05:34 GMT

I do not believe anyone gives a rats ass about how much more money he can acquire or lose. Hardly interesting at all.

Comment #23

CDanaT — Wed, 13 Sep 2023 15:03:36 GMT

Sooooo, $76M out of $628M ??.....Not bad, just 12%....It would be interesting to see the portfolio of investments, that generate income, over the last 9 months and see how that is doing.(provided this young man has a financial adviser

Comment #22

billybucks — Wed, 13 Sep 2023 14:02:36 GMT

That would be a hoot. And maybe a wildfire taking out his other two mansions.

Comment #21

billybucks — Wed, 13 Sep 2023 14:00:57 GMT

I hope he does go belly up in about 5 years. it would be a more interesting story than him even attaining more wealth from his real estate investments. You would think having 680m in cash would be enough for anyone to ease up on trying to make more.

Comment #20

WhatNow — Wed, 13 Sep 2023 13:21:34 GMT

Not a great start. He's falling into the trap that many have gone down before. Jack Whittaker, etc.

Comment #19

play4shekels — Wed, 13 Sep 2023 12:29:45 GMT

What a splendid estate! What a pleasure it will be to watch it roll down the hill in pieces when the big one hits.

Comment #18

Tony Numbers — Wed, 13 Sep 2023 11:52:30 GMT

This is none of my business

Comment #17

Instyle — Wed, 13 Sep 2023 11:10:09 GMT

and when is he going to give to one's in need. I have a few suggestions.

St Jude children's hospital

American Cancer Society

Homeless shelters in area be lives.....

American Red Cross....

Feed the Hungry campaign

so many more! !

..... I'm sure he has spare change .......

thanking him in advance for his donations

Comment #16

Clarkejoseph49 — Wed, 13 Sep 2023 08:08:11 GMT

How many houses does he need?

When is he going to by a new car like an Audi R8 or a Ferrari

Comment #15

quicksloth35 — Wed, 13 Sep 2023 06:36:37 GMT

Comment #14

CDanaT — Wed, 13 Sep 2023 04:53:27 GMT

Probably needs 1 of these at each residence.

2023 Rolls Royce Boat Tail Cost $28 - 30,000,000.00

Comment #13

TheGameGrl — Wed, 13 Sep 2023 04:21:45 GMT

I sense this is a knee jerk reaction to keep his funds /investments out of his bank account. With his recent lawsuit concerning legitimacy of the original ticket. I can see him using the system to his advantage. Very thee well to him on this venture. He isn't living in these places - he is building his enterprise- For film locations and for high end foreign travelers to rent during their stays in the area.

Comment #12

Brock Lee — Wed, 13 Sep 2023 04:14:55 GMT

based on his purchase history he likes pools and places that are not albuquerque, and he doesn't care about racetrack proximity.

Comment #11

lakerben — Wed, 13 Sep 2023 04:06:19 GMT

I can always sell him my house here in Albuquerque. No pool but one mile from the racetrack.

Comment #10

lakerben — Wed, 13 Sep 2023 03:57:10 GMT

He can also sell the other two and live in this one. He probably has a few bodyguards 24/7. Alot of these mansions are sold in a few years.

Comment #9

Mastersam2200* — Wed, 13 Sep 2023 03:48:45 GMT

Wrong Attitude to have,having money is one thing Keeping Managing it Takes Great Discipline Foresight No one is born with the Experience to Handle that amount of wealth ..That's why you look for Smart Savvy people to be around you.

Comment #8

Stack47 — Wed, 13 Sep 2023 03:38:30 GMT

Heard my cousin Eddie is coming to Kentucky to buy some race horses. That ride he's enjoying started when bought a $2 ticket and with it has spent around $100 Million.

Comment #7

noise-gate — Wed, 13 Sep 2023 03:03:13 GMT

* There are those jealous folk who are praying he goes broke, and if he did, at least he can say he enjoyed the ride.

Comment #6

PrisonerSix — Wed, 13 Sep 2023 01:54:42 GMT

This guy is really spending money. I just hope he doesn't go broke. When buying houses, one needs to take into account the costs of ownership like maintaining the property, taxes, utilities, etc. I'm sure they are pretty high considering the size and costs of the properties. I'm sure a vintage 911 isn't cheap either.

I'm just hoping he doesn't end up one of those lottery winners we hear about who goes broke and ends up worse off.

Only time will tell.

Comment #5

Think — Wed, 13 Sep 2023 01:17:16 GMT

Meh, when is he going to do something interesting with it

Comment #4

CDanaT — Wed, 13 Sep 2023 00:37:23 GMT

Boy oh boy, are the realtors happy to see him show up

Comment #3

sully16 — Wed, 13 Sep 2023 00:16:32 GMT

I agree, I just wish he'd give a virtual tour of the inside, he's got good taste.

Spend on young man.

Comment #2

Artist77 — Tue, 12 Sep 2023 23:26:19 GMT

I am just here to read the posts by Brock Lee.

Nothing wrong with buying properties but with all the crime and issues in the state, why? Even high end malls and stores in the LA area are being hit by crime. It is not going to get better. Hope he has a couple of body guards.

I would buy in Malibu and away from the major cities.

When the Kardashians move, the area will die. Lol

Comment #1

Brock Lee — Tue, 12 Sep 2023 23:15:44 GMT

finally, a winner with no discretion who leaks his business to the press. i was getting so bored with all these sensible winners maintaining their privacy.

$2 billion Powerball lottery winner Edwin Castro buys a third California mansion for $47 million

Lottery Post — Tue, 12 Sep 2023 22:57:50 GMT

Winner of world's largest lottery jackpot is racking up the properties

By Kate Northrop

Edwin Castro, the winner of the largest lottery prize in history, has once again expanded his real-estate portfolio with the purchase of a $47 million mega mansion in Los Angeles, California.

Not many would ever expect to amass the wealth that Powerball lottery winner Edwin Castro suddenly gained overnight at 31 years old. Having just bought his third California multi-million-dollar mansion, he's... [ More ]