Who won the billion lottery in California?

California resident Edwin Castro is the sole winner of the record-breaking jackpot from November 2022. The California Lottery

California Lottery

The California State Lottery began in October 1985 after voters authorized it in Proposition 37, the California State Lottery Act of 1984. It offers a range of games including number draws, scratchcards and a mock horse race. The earnings provide supplementary funding for public education.

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California State Lottery - Wikipedia

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.

Who won the 2 billion Powerball in California?

On Feb. 14, the California Lottery announced Edwin Castro as the only winner of the $2.04 billion Powerball jackpot. Castro had bought the ticket at Joe's Service Center in Altadena, an area just north of Los Angeles, ahead of the November drawing. The winning ticket matched all five numbers as well as the Powerball.

Who won 2.4 billion lottery in California?

While the winner of the $2.04 billion jackpot, Edwin Castro, isn't walking away a billionaire, he has received the largest cash payout in Powerball history, according to game records. Castro is also being sued by another man who claims the winning ticket was stolen from him.

Who won the 2 billion lottery mansion?

Most notably, California resident Edwin Castro purchased the record-breaking $2.04 billion Powerball jackpot ticket in November. It was recently revealed he splurged on a $25.5 million mansion in the Hollywood Hills. Castro chose to receive the lump sum payment, which totals to $997.6 million.

What was the lump sum for 2.04 billion?

$2.04 Billion Powerball Winner Revealed

Castro reportedly opted for the lump sum payment of $997.6 million and in a statement provided to lottery officials, expressed shock over having won the massive jackpot.

Powerball winner in California holds ticket worth more than $2 billion

Has anyone claimed the 2.04 billion dollar lottery?

However, lotto officials said Castro opted to receive the lump sum payment option of $997.6 million. Lottery officials also read a statement on his behalf: “As much as I am shocked and ecstatic to have won the Powerball drawing, the real winner is the California public school system,” Castro's statement said.

How much is a lump sum payment on $1 million dollars?

How much do I pay in taxes if I win 1,000,000? If your gross prize for lump sum payout is $1,000,000, you need to pay $334,072 in total tax ($240,000 federal withholding, plus the remaining $94,072 for single filing status in 2021).

Who was the biggest lottery winner on lottery Dream Home?

Married couple Rick and Lorie Knudsen won a staggering $180 million in the California Mega Millions lottery. That's, like, 36 million 10-piece Chicken McNuggets orders. Rick and Lorie relayed to David Bromstad that their budget was about $3 million.

Did David Bromstad win the lottery?

He was the very first Design Star winner.

That's because, in case you didn't know, he was HGTV's debut Design Star winner. After taking the grand prize in the show's very first season, David went on to make a real name for himself on HGTV and within the home design sphere as a whole.

Who won the lottery house Thunder Bay?

More than $400,000 will be turned over to local charities as a result of ticket sales. THUNDER BAY -- A pair of Shuniah, Ont.

Who won 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 state has the most Powerball winners?

We compiled a list of states with the MOST Powerball jackpot winners in the history of the game. The luckiest of the lucky? That would be Indiana. The Hoosier State boasts 39 jackpot wins since 1992, when Powerball got its start.

What states do not pay tax on lottery winnings?

There are eight states that do not tax Powerball winnings: California, Florida, New Hampshire, South Dakota, Tennessee, Texas, Washington, Wyoming. Pennsylvania, North Dakota, Indiana and Ohio also make our list of best states. Take Our Poll: Are You Planning To Buy or Sell a House This Year?

How much cash did the $2 billion dollar Powerball pay?

After months of anticipation, a winner finally came forward to claim the record-breaking $2.04 billion Powerball jackpot won on a single ticket sold in California. Though the jackpot was advertised as a multi-billion dollar prize, the lucky winner walked away with just $997.6 million – why?

Who won the Mega Millions 2023?

January 17, 2023 - $20 million ($10.6 million cash) won by Jerson Garcia of the Bronx, N.Y. January 13, 2023 - $1.348 billion ($723.5 million cash) won by LaKoma Island Investments, LLC, with a ticket purchased in Lebanon, Maine.

Who won the Powerball in Gardena CA?

Ana Contreras claimed her $1,149,661 Powerball ticket recently. The lucky ticket was sold at Stues Dairy in Gardena, a news release said. The lottery office didn't reveal what Contreras plans to do with her winnings. Edwin Castro was revealed to be the sole winner of the record-breaking Powerball jackpot in February.

Is David from lottery Dream Home an alcoholic?

In the report, Glasko made some shocking revelations as well. He alleged that David Bromstad was involved in illicit drugs and alcohol, leaving Glasko emotionally and financially exhausted.

Is lottery Dream Home real or fake?

“My Lottery Dream Home” is no exception. While the lottery-winning house hunters are real verifiable people, the house-hunting adventure doesn't make for a true reality TV show. For one reason, to participate on the show, lottery winners have to reach out to the producers to signify their interest.

Who is Bromstad's partner?

David Bromstad and Jeffrey Glasko

David announced that he had been in a long-term relationship for the past eight years. He met Jeffrey Glasko on Valentine's Day at a pub at Firestone in Orlando in 2004.

Who owns My Lottery Dream Home?

Personal life. Bromstad is openly gay. He owns a home in Orlando, Florida, which was featured on My Lottery Dream Home: David's Dream Home.

How many Dream home winners keep the house?

The “Reality” of Reality Home Television

Even winners of home make-overs must often sell. According to HGTV, only one of the first 10 Dream House winners has been able to hang on to their winnings. Just six of the first 21 winners actually lived in their new digs for more than a year.

Who hit the biggest lottery?

The winner of the largest ever lottery jackpot described himself as “shocked and ecstatic” as officials revealed his identity, satisfying a law in his state, California. Edwin Castro bought the ticket that won the record-breaking $2.04bn Powerball jackpot on 8 November.

Can I retire with $3 million cash?

If you're retiring at 55 instead of 66, you have 11 extra years of expenses and 11 fewer years of income that your savings will need to cover. The good news: As long as you plan carefully, $3 million should be a comfortable amount to retire on at 55.

Can I live off the interest of 1 million dollars?

Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a $1 million index fund could provide $100,000 annually.

Can you retire with $1 million in cash?

Will $1 million still be enough to have a comfortable retirement then? It's definitely possible, but there are several factors to consider—including cost of living, the taxes you'll owe on your withdrawals, and how you want to live in retirement—when thinking about how much money you'll need to retire in the future.