$2 Billion Powerball winner, Edwin Castro, spotted in public for the first time

[DrexlersFade]

You been on my dikk since I sonned you a while back



I been traveling since I was 6 years old you fakkit
America is a million times safer than some third shythole for rich people
Trust me.lil nikka

@Tim Dripcan you let a bozo like him son you you give Duncan his name back

 

[Mowgli]

Who's following him around?

Who would recognize him besides the press

 

[Toe Jay Simpson]

Breh if that were me every single household in the US would get a package in the mail from me. In it would be a 2 page brochure and a small tube of chapstick. As soon as you opened up the brochure a picture of my ass would be right there for you to kiss it

 

[☑︎#VoteDemocrat]

He lost for buying that propriety in his name. You're supposed to shell-company that and make it hard to figure out who owns it

 

[J.E.T.S]

Yeah, I’m hating. fukk him.

 

[qwasi]

With that amount of $, invested properly the interest on 1 billion alone would be enough to buy him one of those estates every year. If he literally tucks $1 billion away at 2% or higher he’s getting 20mil+ per year without lifting a finger or using any brain power.


As long as he puts like 250-500mil away at a decent rate his family will be eating for generations.

His bloodline literally won.

Yeah, No.

Officials said Castro chose the lump sum payment rather than the annuity option, which would have given him his winnings over 30 annual payments.

By choosing the lump sum, Castro received $997.6 million, but that's before taxes. USA TODAY estimated the winner of the jackpot would probably be left with $628.5 million after taxes, assuming no other deductions

The state of California property Tax rate is approximately ~1.25% of your property's assessed value. There is a base 1% Ad Valorem Tax and then an additional 0.1% to . 025% in miscellaneous fees depending on your municipality.

Assessed value isnt static, its reevaluated on an annual basis. He has 3 homes at 25.5 million, 4 milllion and 87.77 million. All within LA in high end communities. Land is an appreciating asset, over time property values rise. Tax alone is 1.5 million, not counting maintance fees which is ~3%. As it stands he is 120 million down on houses ( in one calendar year ). From his spending pattern alone, I doubt the validity of his investment choices/advise. For the price of 3 mansions he could have bought 30 properties. Out of that 600 million, he's down to 508. This from massive purchases were aware of and not lifestyle creep = cars, clothes, food & entertainment = trips, drugs.

 

[Morethan1]

Couldn’t be me tho.

Buying those homes, to me, sounds like “yeah you could. But did you ever think whether or not you SHOULD?”

Good luck to him.

What if he starting his home profolio and feels the market will go on his favor? He can just rent them out until needed.

Like the Rick Ross hustle

 

[Morethan1]

Same here fam
I’d be in Kenya, Botswana,
Zimbabwe, Colombia, etc

Middle class to high class neighborhoods
in Colombia is cheap
My cousin paying $300 USD in Colombia
for a Condo

On top of fine African women and
Afro Latinas

What happens when the Colombian king pins try to extort you when you get there?

 

[TDUBB]

Pocket watching x10 hundred

 

[WIA20XX]

I don't know what other millionaire/billionaires have bought.

This guy does not have good people around him.

 

[Ironman]

If I won that money I'm gone immediately give me the lump sum and I'm on the first flight out

 

[TELL ME YA CHEESIN FAM?]

.

This guy does not have good people around him.

I'm sure you do

 

[The Devil's Advocate]

There are rules to this. The human mind has trouble scaling up that much that fast, and by far most people would be unprepared mentally for the necessary changes in lifestyle approach if they got that lucky.

People literally win the lottery every day between state lotteries, non jackpot millions and the jackpots..

You can't use these cases to say it's a bad thing.. Pack up your shyt and move immediately and take who you gotta take with you.

Motherfukkers wouldn't even know I existed after day one

 

[HipHopStan]

No way in hell would I let anyone know I won that amount of money. I'd go sign the papers like that person who wore the Ghostface mask.

Whoever that was, did it the right way. The only satisfaction that I would get out of telling anyone is being able to see so many long-lost friends come back into my life so I could promptly tell them to go to hell and shut the door in their face.

 

[The Prince of All Saiyans]

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