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Newly-minted billionaire Edwin Castro is planning to rebuild in his hometown of Altadena ... spending roughly $10 million to rebuild properties ravaged by the Los Angeles wildfires.

Edwin told The Wall Street Journal he wants to help people looking to settle down ... "This is for a family that wants to move in. Those are the people that need to be looked out for right now." Gallery Launch Gallery

The $10-million price tag is a drop in the bucket for Edwin ... he won the record $2 billion Powerball jackpot in 2022, on a lottery ticket purchased at Joe's Service Center in Altadena.

But while he can stand to part with a million or two, the lottery winner isn't giving out freebies. Play video content

Edwin told WSJ ... "The profit margin doesn't need to be egre

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