Ex-convict dies broke after winning $27 million Powerball jackpot
In 2001, ex-convict David Lee Edwards struck it rich with a $27 million lottery jackpot. Actually he shared a $280 million Powerball jackpot
with three other players. Edwards chose the cash option for his $41 million, which was worth $27 million after taxes. He has passed away broke at the age of 58.
Broke and lonely despite lottery jackpot
After collecting the multi-million dollar cash prize, Edwards and his spouse Shawna splashed out on luxury cars, a private jet, and a $1.6 million villa
. He became addicted to drugs, and the couple went bankrupt only five years after winning the lottery jackpot. Edwards was left alone after the couple divorced.
Before winning the Powerball jackpot
, Edwards was sentenced to jail after an armed robbery. He never managed to get his life on track and he was jobless after spending many years behind bars. The 58-year-old ex-convict not only blew through a $27 million Powerball windfall, he was also deeply in debt. Edwards was forced to borrow money to pay his water bill. Once a gambler, always a gambler as he also used the borrowed money to purchase some lottery tickets.