by Altadena, CA – Edwin Castro, the man who won a record-breaking $2.04 billion Powerball jackpot in 2022, is now channeling his fortune to aid the community devastated by the Eaton Fire in Altadena, California. The fire, which devastated thousands of homes, has left many families displaced, but Castro is dedicated to helping rebuild the neighborhood where his winning ticket was purchased.
Castro, 33, who works as an architecture consultant and has personal ties to construction through his father, has committed millions of dollars to purchase fire-ravaged properties to build affordable homes that reflect the original charm of Altadena.
Rebuilding a Community with Heart
The Eaton Fire of January 2025 destroyed over 9,000 structures in Altadena alone, part of a pair of major fires that claimed the lives of at least 31 people and consumed more than 16,000 structures overall. While some investors seek to profit by acquiring damaged land, Castro’s approach centers on community restoration rather than gain.
“This is for a family that wants to move in. Those are the people that need to be looked out for right now,” said Castro to The Wall Street Journal, emphasizing his goal to provide homes for families rather than investors or renters.
Honoring Architectural Heritage
With a background and passion deeply rooted in construction and design, Castro plans to honor the craftsman style architecture characteristic of the neighborhood. He intends the new homes to be sold at reasonable prices with modest profit margins.
- Castro insists on maintaining the “whimsical” character of the neighborhood.
- Homes will be sold primarily to families planning to settle long-term in Altadena.
- His father’s construction legacy, including work on the Getty Museum, inspires his project.
“I want it to feel like the old neighborhood, like if you put all those houses pre-fire in a time bubble,” Castro shared.
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Community Concerns and Real Estate Trends
The influx of investors purchasing fire-damaged properties has sparked concerns among residents that outside interests may alter the neighborhood’s fabric. A petition to block such investors from buying lots in Altadena has gathered nearly 1,500 signatures, illustrating the community’s desire to protect its identity.
Fortunately, Joe’s Service Center, the gas station where Castro bought his winning ticket, was among the few structures that survived the devastating fire, marking a symbolic link to the rebirth efforts currently underway.
Looking Ahead
Edwin Castro’s commitment illustrates how lottery winnings can be a powerful force for positive change. By reinvesting in the community and preserving its architectural heritage, he hopes to rebuild Altadena into a strong, vibrant neighborhood once more.
For more details on Castro’s inspiring project, visit People.com.
What do you think about Edwin Castro’s efforts to rebuild Altadena? Share your thoughts in the comments below!
