$2 Billion Lottery Winner Loses Malibu Mansion in Devastating Fire
Edwin Castro, who made headlines as the winner of the historic $2.04 billion Powerball jackpot, has tragically lost his $25.5 million Malibu mansion to the recent Palisades Fire. The luxury property, once a symbol of Castro's extraordinary fortune, has been reduced to rubble, along with his collection of cars valued at $3.8 million.
The mansion was situated in the exclusive Hollywood Hills and featured five bedrooms and six bathrooms, elevating Castro among celebrity neighbors like Ariana Grande and Jimmy Kimmel. The fire destroyed the property completely, leaving behind only concrete pillars and charred wood.
Castro's win was announced in November 2022, and he opted for a lump sum payout of $997.6 million, leading to purchases of multiple high-value properties. However, the devastation of the Malibu residence marks a significant loss for the lottery winner, highlighting the ongoing challenges posed by wildfires in California.
As authorities continue to address the aftermath of the fire, Castro's destroyed mansion serves as a stark reminder of nature's unpredictability, even for those who have achieved extraordinary wealth.
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