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Powerball winner Edwin Castro’s $3.8M Malibu home destroyed in LA Palisades Fire

By
Nicholas McEntyre
Published Jan. 10, 2025, 7:25 a.m. ET

Powerball winner Edwin Castro’s multimillion-dollar Malibu getaway has been destroyed in the horrific Palisades Fire, reducing the once-luxurious digs to a pile of ash.

After the deadly fire tore through the area, all that remained of Castro’s $3.8 million home was concrete pillars and smoldering wood, photos obtained by The Post show.

The destroyed Malibu abode was one of several Castro purchased after he won the historic $2.04 billion prize back in November 2022.

Powerball winner Edwin Castro's $3.8M beachfront Malibu home with 2 bed 3 bath and 1,541 sqft.
Powerball winner Edwin Castro’s $3.8M beachfront Malibu home with 2 bed 3 bath and 1,541 sqft. BACKGRID
Edwin Castro's Malibu home along the Pacific Coast Highway was destroyed by the Palisades Fire.
Edwin Castro’s Malibu home along the Pacific Coast Highway was destroyed by the Palisades Fire. BACKGRID

The 31-year-old purchased the beachfront property through an LLC in 2023 after hitting the jackpot, the US Sun reported.

Castro’s home along the scenic Pacific Coast Highway wasn’t the only structure destroyed as the vast majority of structures along Big Rock Beach were also decimated by the blaze.

Big Rock Beach and the Pacific Ocean from the Pacific Coast Highway, once blocked by numerous homes lining the scenic road, are now clearly visible.

The 31-year-old purchased the home in 2023 after winning the jackpot.
The 31-year-old purchased the home in 2023 after winning the jackpot. BACKGRID
The remains of a telephone pole lie in the street where Castro's home once stood.
The remains of a telephone pole lie in the street where Castro’s home once stood. BACKGRID
Destroyed home of Lotto Winner Edwin Castro in Malibu, California due to wildfires, with road and cars in the background
The majority of structures along Big Rock Beach were also destroyed by the wildfires. London Entertainment
Castros leaves Los Angeles restaurant Manuela after having lunch with a friend on Aug. 7, 2024.
Castro leaves Los Angeles restaurant Manuela after having lunch with a friend on Aug. 7, 2024. Rafael Fontoura for NY Post

After winning the prize, Castro’s huge spending spree began with a secret vacation to Fiji with his friends before he was revealed as the lucky winner.

He opted for the more humble lump sum option of $997.6 million.

He then expanded his vast car collection and purchased at least three separate homes, all in the Los Angeles area.

Castro’s real estate portfolio combined to an eye-watering $76 million, which included a $25.5 million estate in the Hollywood Hills, a $4 million Japanese-style pad in Altadena for his parents and $47 million for a mansion in Bel Air, The Post previously reported.

Homes along the coast, including Castro's, were completely destroyed.
Homes along the coast, including Castro’s, were completely destroyed. John Chapple for NY Post
Big Rock Beach and the Pacific Ocean were visible from the Pacific Coast Highway which used to be blocked by the numerous homes lined alongside the scenic road.
Big Rock Beach and the Pacific Ocean, which used to be blocked by the numerous homes along the Pacific Coast Highway, are visible from the scenic road. BACKGRID
The 31-year-old purchased the beach-front property through an LLC in 2023 through an LLC after winning the $2.04 billion jackpot.
The 31-year-old purchased the beachfront property through an LLC in 2023 after winning the $2.04 billion jackpot. BACKGRID

The Palisades Fire — first reported in the Topanga State Park area of LA Tuesday morning — has taken over nearly 20,000 acres (31 square miles) in the Pacific Palisades, western Los Angeles and Malibu.

Crews have only contained 6 percent of the fire that has destroyed over 10,000 structures, including homes of various celebrities.

Stay up to date with the NYP’s coverage of the terrifying LA-area fires

The three fires still burning in LA as of Tuesday — Hurst, Palisades and Eaton — and the acreage they have burned. New York Post

Fierce, hurricane-force Santa Ana winds fueled the fire that tore through drought-ridden Southern California.

At least 10 fire-related deaths were reported by the Los Angeles County Medical Examiner on Thursday.

Castro’s real estate portfolio combined to an eye-watering $76 million. London Entertainment
At least 10 fire-related deaths were reported by the Los Angeles County Medical Examiner on Thursday. London Entertainment
Burned down home of Lotto Winner Edwin Castro in Malibu, California, aftermath of devastating wildfires, crews have 6 percent of the fire contained
Crews have so far contained just 6 percent of the fire. London Entertainment
Destroyed home of Lotto Winner, Edwin Castro in Malibu, California, due to the Palisades fire
The Palisades fire was first reported on Tuesday morning. London Entertainment

The Eaton Fire has burned 13,690 acres (21 square miles) in Pasadena and Altadena and is responsible for at least five of the deaths.

There has been no progress in containing the deadly fire since it broke out Tuesday night.