The winner of the $2-billion Powerball jackpot isn’t wasting any time spending the money. Edwin Castro, who came forward last month to collect the record-setting lottery prize, just spent $25.5 million on a new house in Hollywood Hills.
Castro, who chose to collect the money as a lump sum of about $997.6 million before taxes, bought the modern mansion under a limited liability company, records show. The splashy purchase amounts to around 2.56% of his winnings.
Stefan Pommepuy and H. Blair Chang of the Agency held the listing with Drew Fenton of Carolwood Estates. Max Lindenberger of Back Bay Realty Group represented the buyer.
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View Listing | Represented by Drew Fenton
Story courtesy of Los Angeles Times
