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Mad moneyReply
Well you can't really use David Edwards as an example....the first thing he did was hop on a private jet and fly to Vegas...but some advisors or so I heard on a couple of the LCML shows, that the advisors give you a little taste of the money to hopefully get that spend bug out of your system, to where you know what it's like to buy some things you always wanted...within reason...they don't want to kill the golden goose at first.......and maybe after youve spent a little money you will want to se
Dec 15, 2012, 9:35 pm - billionaire2bee - Lottery Discussion Forum

$305 MILLION: Powerball lottery jackpot in rare territoryReply
That's the spirit. Don't play more than you can afford to lose. Keep your powder dry. If it rolls again it will be something like $200 million after taxes for Saturday's draw. You would literally have to try HARD to ever go broke with that much money. I'm talking about making the redneck hillbilly david edwards look like a conservative spender. LOL
Aug 13, 2012, 9:46 pm - hotslot3 - Lottery News

How many hits you need?Reply
I thought Thrifty was talking about David Edwards who was broke and unemployed when he won a $41 million PB jackpot. Six years later, Edwards was broke and unemployed.
Aug 8, 2012, 1:56 pm - Stack47 - Lottery Discussion Forum

Remember Jack Whittaker?Reply
Everybody must know David Edwards of Ashland Ky..One of the biggest and dumbest Poweball winners just like Jack Whittaker..I read not to long ago Edwards is ready to die?..He really was stupid..He's dead broke after getting over 40mil after taxes..
Jan 15, 2010, 9:11 am - tiggs95 - Lottery Discussion Forum

You just hit the Jackpot - 200+ Millions - now what??Reply
I AGREE I would be happy with about 5 ( or 10) million after taxes. I would NOT quit my current job because i truly love it there. I was blessed with that one ( thank you God.) I would simple put it in a standard Cdars bank and earn the minimal interest after building my dream ( non mansion) home and normal car for both my husband and myself. Speaking of David Lee edwards. Don't you think he went a bit overboard with the things he bought? I watch overnight millionairs and E!'s curse
Oct 30, 2009, 10:20 am - lottocalgal - Lottery Discussion Forum

Lottery Losers
Been reading up on David Edwards and was wondering if there are any other people who won the millions in the lottery and wound up broke after a few years. Kind of a sad story.
Aug 26, 2009, 8:12 pm - rburton - Lottery Discussion Forum

One ticket from S.C. wins $260M Powerball lottery jackpotReply
Well Congrats to my fellow SC resident......(LUCKY B******) I just hope we don't get anoter Jack Whittaker or a David Edwards to make SC look worse...................OH well I guess I will have to concentrate ont he measly $207 millioin MEGA MILLIONS pot for the time being......LMAO!!!!!
Aug 20, 2009, 1:14 pm - petergrfn - Lottery News

Cash Option vs Annuity
Which is the better option, cash value or payment over 30 years? It looks like most winners take the cash option but after reading about David Edwards, maybe the cash option isnt such a great idea.
Aug 19, 2009, 6:54 am - rburton - Lottery Discussion Forum

Lottery,My Life
The television show,Lottery,My Life,will be on the TLC network at 7pm central time on thursday July,16th.It will also be on again at midnight central time later the same night.I don't know if the focus of this show is on the Jack Whitakers David Edwards type of lottery winners or winners with a happier outcome.
Jul 13, 2009, 9:55 am - MaddMike51 - Lottery Discussion Forum

What not to do?Reply
You can't take your money with you so you might as well spend it on stuff you like.On the other hand,who needs ten beds and all of those statues?There wasn't a whole lot of stuff at that auction that tripped my trigger.When I first saw all of the stuff being auctioned I thought of David Edwards and the expensive junk that he bought.
Feb 22, 2009, 4:45 pm - MaddMike51 - Lottery Discussion Forum