Posted on 07/12/2007 2:08:21 PM PDT by Ron in Acreage
RIVIERA BEACH — In September 2001, a very lucky ex-con named David Lee Edwards arrived in Palm Beach County with $27 million and a history of drug abuse.
The $27 million was his take, after taxes, from Kentucky's Powerball lottery. Edwards, 46, had been laid off shortly before he bought the winning ticket at Clark's Pump N Shop in Ashland, Ky., a blue-collar town on the Ohio River where he grew up.
He became a convict in the early 1980s after a gas station hold-up, followed by parole violations and arrests for drug possession. He was in and out of prison, and finally out for good in 1997
(Excerpt) Read more at palmbeachpost.com ...
Poor people have poor ways. Even the powerball couldn’t rescue this doofus.
OOPS
A $240,000 Bentley, a $250,000 Lamborghini and a $250,000 Ferrari all in the first 4 months. I’m surprised he lasted almost 6 years without going broke.
OOOOOHHHHHH an auction!
I wonder what the statues of Jake and Elwood Blues are going to sell for...
Some years ago, a guy named Curtis somethign won about $45 million in the NY lottery..he showed up to collect it with his wife AND his girlfriend..He was a media sensation for a while..even did some commercials for the Lottery. He filed bankruptcy two years ago..
What happened to his money?
I think I saw this guy on a TV show about lottery winners. He was portrayed (or portrayed himself) as one of the responsible winners. Looks like he spoke too soon.
Hope it works!
Almost a repeat of that Contractor in West Virginia who won $350 Million in the Powerball and he has squandered all of it and lost his granddaughter to drugs.
Geez how do spell LOSER
It does and what an ugly horrific mug!!!!
Twenny bucks for the Lamborghini.
Yup,I saw that too.If I ever won a multi million dollar prize I'd give most of it to charity, a bit of it to each of several relatives and keep two or three million for myself.
Of course it would have a huge home theater and a huge library for dad. And a REALLY large closet for my wife...
And I would get the Touring version of a Honda Odyssey with all the bells and whistles to haul the kids in style...
There is a great quote from satirist Dorothy Parker....”If you want to know what God thinks of money.....look at the people he gave it to” LOL!
How do you blow $27 million away? I couldn’t do it. I’d live off of $2 million for 40 years ($50K/yr) and invest/bank the rest.
I will have to agree, the article leaves out helpful information that would help someone, not familiar with the case, understand the reason for the auctions.
The wrong people almost always win these things. A while back some people won & spent it throwing DAILY parties.
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