
Edwin Castro won Powerball and became a billionaire. How he spent the cash was branded a ‘trap’
Thirty-one-year-old Edwin Castro became rich beyond his wildest dreams after collecting a record $A3.2 billion from American Powerball. But it’s how he spent some of the lump sum that has had financial experts sounding a warning – should others be in the enviable position of getting so rich so quickly. Castro opted to invest some…