Powerball winner losing home in auction
David Lee Edwards, a laid-off laborer in 2001 when he won $42 million from a $295 million Powerball drawing in Kentucky and moved to Palm Beach Gardens, appears to have the kind of financial problems that he never should have faced again.
In what is the talk of the town, an unemployed man that won a Powerball jackpot may be broke again as his $1.2 million Florida home is scheduled to be on the auction block May 22, 2006.
Update: A court hearing is scheduled July 24 to determine the status of the heroin charge, according to the state attorney’s office. Update thanks to Julie ” According to the Palm Beach Comptroller online records search… David Edwards was not present for his status check yesterday and it has been re-scheduled for August 23.”
Last July, Edwards’ $1.2 million home was auctioned for $400,000.
And Saturday, July 14th 2007 much of the home’s contents will go on the auction block at a Riviera Beach warehouse where Edwards spent his final days in Palm Beach County.
Update: Auction Results
Update: Shawna released from jail
Update: Shawna back in jail
Update Powerfall A good article that pulls the narrative together. Amy, the reporter, wanted to talk to Tiffani, but she refuses interviews. Thanks Julie for sending this.
The Palm Beach Post has tried to contact David Lee Edwards to no avail.
Post reporters have only been able to ascertain that since he won $42 million in a Kentucky Powerball drawing in 2001, Edwards bought a golf course home in Palm Beach`s BallenIsles community, owned numerous sports cars and was a start-up philanthropist.
However, things weren’t all rosy as he and his wife filed for divorce and both were arrested on cocaine charges last year. The cases are pending.
Other reports have the 51-year-old Edwards ceasing to pay maintenance fees on his home and the local homeowners association is trying to collect more than $8,600 in back fees.
Robert Frein, former president of the BallenIsles Community Association, says Edwards` situation is the talk of the town and that his house is probably worth about $1.5 million now.
Update on his latest arrest with his Booking picture. Thanks to Len
Check-out the Comments defending him at #64 is from his former employer, at #91 a friend & at #103 his daughter.
Here’s another lottery story, this time from Brazil. Widow held in lottery winner’s slaying
These pictures were sent by Tiffani to verify her authenticity. Click on the thumbnail to enlarge them. On the 1st she says: