Would Lotto Winner Edwin Castro Get Hit With California Billionaire Tax?

Would Lotto Winner Edwin Castro Get Hit With California Billionaire Tax?

California resident Edwin Castro is the biggest lottery winner of all time, after hitting a $2.04 billion Powerball jackpot in 2022. But would he be liable under a proposed California law to tax the wealth of billionaires? The answer, it turns out, is complicated and far from clear. But Castro’s case highlights the difficulty of
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