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Posted: 12/12/2013 1:35:24 PM EDT
[#1]
Retard
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Posted: 12/12/2013 1:36:14 PM EDT
[#2]
Must have been an awesome 12 years! |
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Posted: 12/12/2013 1:36:39 PM EDT
[#3]
Poor people are poor because they can't handle their money
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Posted: 12/12/2013 1:37:23 PM EDT
[#4]
Wait for it...
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Posted: 12/12/2013 1:37:44 PM EDT
[#5]
Quote HistoryQuoted:
Poor people are poor because they can't handle their money |
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Posted: 12/12/2013 1:38:54 PM EDT
[#6]
How come this guy didn't become a great money manager after he got all that money? Isn't this just like how you can hold a nice guitar and you instantly know how to play it?
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Posted: 12/12/2013 1:39:02 PM EDT
[#7]
damn, it's too bad he couldn't do good with it
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Posted: 12/12/2013 1:40:13 PM EDT
[#8]
The fact that he couldn't pay his water bill, but spent his last couple of borrowed dollars on drinks, says a lot about this guy.
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Posted: 12/12/2013 1:40:58 PM EDT
[#9]
Reporters grilled Edwards about his past, which included a stint behind bars for the armed robbery of a convenience store 20 years earlier and repeated parole violations that kept sending him back to prison. For once he got to keep the money from a convenience store. 
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Posted: 12/12/2013 1:41:13 PM EDT
[#10]
Quote HistoryQuoted:
The fact that he couldn't pay his water bill, but spent his last couple of borrowed dollars on drinks, says a lot about this guy. And lottery tickets. |
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Posted: 12/12/2013 1:41:23 PM EDT
[#11]
Quote HistoryQuoted:
The fact that he couldn't pay his water bill, but spent his last couple of borrowed dollars on drinks, says a lot about this guy. nah man you just don't understand. The man was keeping him down |
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Posted: 12/12/2013 1:41:24 PM EDT
[#12]
Quote HistoryQuoted:
Poor people are poor because they can't handle their money It just blows me away how many people can't seem to understand that managing money is a skill, but then they can seem to grasp that so many other things are. It's not just a weird coincidence that he was broke before and after winning the lottery. |
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Posted: 12/12/2013 1:43:32 PM EDT
[#13]
Ha Ha!
Is his mansion up for bid?  I smell blood in the water!
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Posted: 12/12/2013 1:43:39 PM EDT
[#14]
It's a strong indication that your life is taking a turn for the worse when your wife stabs you with a crack pipe.
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Posted: 12/12/2013 1:43:54 PM EDT
[#15]
Quote HistoryQuoted: Poor people are poor because they can't handle their money Want to know why so many lottery winners end up broke, just ask yourself what kind of people play the lottery. The day this guy picked up the check, there was no doubt how it was all gonna end. |
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Posted: 12/12/2013 1:44:06 PM EDT
[#16]
A loser to the bitter end. |
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Posted: 12/12/2013 1:44:28 PM EDT
[#17]
Hell of a story. At least a portion got donated to charities.
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Posted: 12/12/2013 1:44:52 PM EDT
[#18]
Quote HistoryQuoted:
Exactly. Want to know why so many lottery winners end up broke, just ask yourself what kind of people play the lottery. The day this guy picked up the check, there was no doubt how it was all gonna end. Quote HistoryQuoted:
Quoted:
Poor people are poor because they can't handle their money Want to know why so many lottery winners end up broke, just ask yourself what kind of people play the lottery. The day this guy picked up the check, there was no doubt how it was all gonna end. Hey now! I play a couple of times a decade!!! |
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Posted: 12/12/2013 1:45:21 PM EDT
[#19]
I have to remind myself when I occasionally buy a ticket that people who manage their winnings wisely, put some away for retirement and into good investments, don't get sucked into failed schemes, and don't go nuts on drugs -- also don't get mentioned in the papers.
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Posted: 12/12/2013 1:46:40 PM EDT
[#20]
The Austrian was weak in this one.
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Posted: 12/12/2013 1:46:48 PM EDT
[#21]
In November 2001, Mr. Edwards and Maddux moved into a 6,000-square-foot, $1.5 million home in Palm Beach Gardens, Fla. The couple married in Maui on New Year's Day 2002.
During his time in Florida, Mr. Edwards amassed a fleet of exotic cars, for which he paid more than $1 million. He also told NBC News that he paid $78,000 for the gold-and-diamond watch on his wrist and $159,000 for the ring he wore. He also boasted of having 200 swords in his collection of replica medieval weapons, and a plasma TV he said set him back $30,000. Mr. Edwards also bought a $600,000 house in Palm Springs, Calif., his own limo company, a $1.9 million Lear jet, three racehorses and a fiber-optics installation company, which he acquired for $4.5 million. A year after he'd won the lottery, he estimated that he'd spent $12 million. BAM, atta boy. |
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Posted: 12/12/2013 1:47:07 PM EDT
[#22]
Bush's fault.
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Posted: 12/12/2013 1:47:46 PM EDT
[#23]
"Take that, death tax!!"
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Posted: 12/12/2013 1:48:16 PM EDT
[#24]
Let me face the peril! |
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Posted: 12/12/2013 1:48:18 PM EDT
[#25]
Quote HistoryQuoted:
Must have been an awesome 12 years! First thing I thought of lol i watched some show about the few.. who buy lottery tickets and actually win and then end up broke... It was mostly WTF? and none of the fuck yeah Posted Via AR15.Com Mobile |
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Posted: 12/12/2013 1:48:32 PM EDT
[#26]
The Edwardses' life eventually began to spiral out of control, fueled, according to a Florida newspaper account, by their escalating drug use. Police were called to their home on one occasion in 2004 after Shawna Edwards stabbed her husband with a crack pipe.
Read more here: http://www.kentucky.com/2013/12/02/2965528/powerball-winner-edwards-dies.html#storylink=cpy Yep, drugs involved. |
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Posted: 12/12/2013 1:48:51 PM EDT
[#27]
A year after he'd won the lottery, he estimated that he'd spent $12 million I'm surprised he lasted that long, spent almost half his money in one year. What could possibly go wrong? |
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Posted: 12/12/2013 1:48:57 PM EDT
[#28]
SOMEBODY got the money, even if it passed through Mr. Dumbass's hands.
So there's that. |
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Posted: 12/12/2013 1:48:59 PM EDT
[#29]
Quote HistoryQuoted:
In November 2001, Mr. Edwards and Maddux moved into a 6,000-square-foot, $1.5 million home in Palm Beach Gardens, Fla. The couple married in Maui on New Year's Day 2002. During his time in Florida, Mr. Edwards amassed a fleet of exotic cars, for which he paid more than $1 million. He also told NBC News that he paid $78,000 for the gold-and-diamond watch on his wrist and $159,000 for the ring he wore. He also boasted of having 200 swords in his collection of replica medieval weapons, and a plasma TV he said set him back $30,000. Mr. Edwards also bought a $600,000 house in Palm Springs, Calif., his own limo company, a $1.9 million Lear jet, three racehorses and a fiber-optics installation company, which he acquired for $4.5 million. A year after he'd won the lottery, he estimated that he'd spent $12 million. BAM, atta boy. What a tard. No wonder he was broke in the first place. |
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Posted: 12/12/2013 1:49:29 PM EDT
[#30]
The picture in the article is hilarious
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Posted: 12/12/2013 1:49:47 PM EDT
[#31]
If it is the person I am thinking of, I worked with him once upon a time.
If that is who this was, the guy was a really nice dude, but had all of the taste, class and financial intuition that one can garner in Olive Hill, KY, which isn't much. Like I said, really nice guy, but no clue about money. He won a shit load and all of a sudden believed he was a financial guru. He would leave thousand dollar tips at the Waffle House, bought Italian sports cars as impulse buys, bought former coworkers expensive cars. After spending a few hours with him shortly after his winning a lot of money, I was convinced he would be broke inside of two years, three at the very most. |
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Posted: 12/12/2013 1:49:59 PM EDT
[#32]
Once a loser....
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Posted: 12/12/2013 1:50:02 PM EDT
[#33]
He was interviewed some years back about his lottery winnings and his house was littered with crap he bought, swords and all sorts of ugly crap.
He said he decided to live in that community because he would not stand out as he was just another rich guy among many others. He felt that would keep people from targetting him. I believe he lost his home because of unpaid homeowners association fees or that was the start of it. |
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Posted: 12/12/2013 1:50:30 PM EDT
[#34]
I still swear by Thor's hammer that if win a mega lottery, I will buy a huge vessel and sail the seven seas.
We will plunder and pillage the whale hippies and laugh at their demise. |
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Posted: 12/12/2013 1:50:31 PM EDT
[#35]
Quote HistoryQuoted:
Poor people are poor because they can't handle their money You got it. I once read a theory that you could take all of the money out there, evenly distribute it, and eventually the innovators would have their pile again and the bad money managers would wind up poor again. |
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Posted: 12/12/2013 1:50:35 PM EDT
[#36]
Sounds like he timed it just right.
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Posted: 12/12/2013 1:51:15 PM EDT
[#37]
Quote HistoryQuoted: I still swear by Thor's hammer that if win a mega lottery, I will buy a huge vessel and sail the seven seas. We will plunder and pillage the whale hippies and laugh at their demise. I read all your posts in Dale Gribble's voice.
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Posted: 12/12/2013 1:51:20 PM EDT
[#38]
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Posted: 12/12/2013 1:51:50 PM EDT
[#39]
This is why you can give poor people all of the money in the world and they will go broke. Poor people are poor for a reason.
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Posted: 12/12/2013 1:51:52 PM EDT
[#40]
I remember seeing him on one of those lottery shows a few years back. He was serious white trash.
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Posted: 12/12/2013 1:52:37 PM EDT
[#41]
Don't they all end up broke?
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Posted: 12/12/2013 1:53:20 PM EDT
[#42]
well,, i guess money didn't make him happy.. .
next/..... |
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Posted: 12/12/2013 1:54:06 PM EDT
[#43]
Quote HistoryQuoted:
Don't they all end up broke? People who buy lotto tickets don't tend to be financial wizards. It's a tax for people who are bad at math. |
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Posted: 12/12/2013 1:55:13 PM EDT
[#44]
Quote HistoryQuoted:
Poor people are poor because they can't handle their money |
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Posted: 12/12/2013 1:55:40 PM EDT
[#45]
Quoted:
Former Powerball jackpot winner dies penniless at 58 yrs old http://www.kentucky.com/2013/12/02/2965528/powerball-winner-edwards-dies.html Mr. Edwards was thrust into the national spotlight in August 2001, when he won a one-fourth share of a $280 million Powerball jackpot. At the time, it was the third-largest lottery pot in U.S. history. He opted for a lump-sum payment of $41 million, banking $27 million after taxes. At the time of his windfall, Mr. Edwards was 46, had been laid off from his job installing fiber-optic cable and was living in his late parents' house on Victoria Avenue in Westwood. He had borrowed money from a friend to get his water turned back on, and, after doing so, he had enough left to take his then-fiancee, Shawna Maddux, 19 years Mr. Edwards' junior, to go out for drinks at the Ashland Plaza Hotel. Along the way, the couple stopped at Clark's Pump-N-Shop on Wheatley Road, and Edwards bought $7 worth of Powerball tickets. Fucking asshole borrowed money from his friend to get drunk and gamble, lied and said it was to turn water on. |
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Posted: 12/12/2013 1:56:13 PM EDT
[#46]
Quote HistoryQuoted: The picture in the article is hilarious Yup. "This is what a rich guy looks like." Needs a monocle. |
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Posted: 12/12/2013 1:57:24 PM EDT
[#47]
Quote HistoryStupid, drunken white trash before the money, during the money, and after the money. |
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Posted: 12/12/2013 1:58:05 PM EDT
[#48]
Quote HistoryQuoted:
If it is the person I am thinking of, I worked with him once upon a time. If that is who this was, the guy was a really nice dude, but had all of the taste, class and financial intuition that one can garner in Olive Hill, KY, which isn't much. Like I said, really nice guy, but no clue about money. He won a shit load and all of a sudden believed he was a financial guru. He would leave thousand dollar tips at the Waffle House, bought Italian sports cars as impulse buys, bought former coworkers expensive cars. After spending a few hours with him shortly after his winning a lot of money, I was convinced he would be broke inside of two years, three at the very most. Ex-con, probation violator and drug addict. Don't think I would use the word nice to describe that. |
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Posted: 12/12/2013 1:58:24 PM EDT
[#49]
After clicking the link, and looking at the pictures, yep, that was the guy I knew.
I am in no way to see him gone, but I am not surprised either. He had demons, he had demons before he tripped over a sack of cash, and they are the sort of demons that wealth only agitate. Booze, drugs, a lust for dramatic situations, and an attraction to the most sketchy women. |
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Posted: 12/12/2013 1:59:15 PM EDT
[#50]
I've never purchased a lottery ticket so I'm not exactly sure how my fantasy of winning the lottery is going to work out, but is it possible for average working Joe to win and not blow it all?
Me and my wife live modestly, no credit card debt but a mortgage and 2 small car loans. Is that an indicator that I could possibly not lose my freaking mind and go crazy with lottery winnings? |
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