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  • Writer's pictureBy The Financial District

Winner Of California's $2-B Lottery Takes Home $997-M

The winner of the largest US lottery jackpot in history is a former student in the California public school system who wants to mostly stay out of the spotlight, Adam Beam reported for the Associated Press (AP).


Photo Insert: California lottery officials on Tuesday said Edwin Castro won the record-breaking $2.04 billion Powerball prize in November.



California lottery officials on Tuesday said Edwin Castro won the record-breaking $2.04 billion Powerball prize in November. But they couldn’t say anything else about him. State law says Castro’s name is in the public record, but nothing else is — including his age and where he lives.


The winning ticket was sold at Joe’s Service Center in Altadena, an unincorporated community in the foothills northeast of Los Angeles. But California Lottery winners aren’t required to live in the state to win.



Joe Chahayed, the owner of Joe’s Service Center, got a $1 million bonus for selling the winning ticket. Winners can choose to receive their winnings over 30 annual payments or as a lump sum. State officials said Castro chose the lump sum of $997.6 million.


Castro declined an invitation from state officials to speak to reporters on Tuesday. Instead, he sent a written statement that said he was “shocked and ecstatic” to have won the lottery.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

California’s lottery benefits public schools, and Castro’s statement identified himself as “being educated in the California public education system. It’s gratifying to hear that, as a result of my win, the California school system greatly benefits as well.”





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