Edwin Castro's Troubles after Winning $2.04 Billion Powerball Jackpot

Edwin Castro made history when he won the massive $2.04 billion jackpot in the Powerball game in November 2022. However, his victory was not without its difficulties.

Despite being the biggest winner in the game's history, Castro faced significant tax burdens, with the IRS taking 24 percent of his prize money, and California state taxes reducing his winnings further. However, California's law on Powerball winnings means that he was spared from additional state taxes.

In addition to his tax woes, Castro also faced a lawsuit from Jose Rivera, who claimed that Castro had stolen his lottery ticket. Rivera said that he purchased a ticket from the same store as Castro, but a man named "Reggie" took it from him.

While the California Lottery insisted that Castro was the rightful winner, the lawsuit continued. Castro's victory may have brought him immense wealth, but it also brought with it significant challenges.