Powerball · United States · 25 August 2001

David Lee Edwards

Edwards borrowed money from a friend to get his water turned back on and spent $7 on Powerball tickets at Clark's Pump-N-Shop in Ashland, Kentucky, for the 25 August 2001 draw. His was one of four jackpot-winning tickets (sold in Delaware, Kentucky, Minnesota and New Hampshire).

Advertised prize

$295,000,000

Cash value $41,000,000

Ticket

Not documented

Outcome

Ended in tragedy

The win was followed by a death or a violent crime.

What happened

The Powerball draw of Saturday 25 August 2001 carried an advertised jackpot of $295 million with a cash value of $165.8 million, and four tickets matched all six numbers. One belonged to David Lee Edwards, 46, of Ashland, Kentucky, who had been laid off from installing fibre-optic cable, was awaiting his last unemployment cheque, needed back surgery without insurance and had a 1981 robbery conviction. He took his quarter share as a lump sum of about $41 million, roughly $27 million after taxes, and told reporters, "It's a poor man's dream." He married girlfriend Shawna Maddux and within a year had spent about $12 million on a Palm Beach mansion, a Lamborghini Diablo, a Bentley and Ferrari, a $1.7 million Learjet, racehorses, a $178,000 diamond ring and a $78,000 watch. Drug addiction followed; the couple were later living in a storage unit, from which he was evicted in summer 2007, and his collectibles were auctioned for $160,000. He returned to Ashland in 2007 in poor health. Edwards died on 30 November 2013 at the Community Hospice Care Center in Ashland, aged 58, penniless.

Where they are now

Edwards died on 30 November 2013 at Community Hospice Care Center in Ashland, Kentucky, aged 58; the December 2013 CNHI report and his funeral-home obituary describe him as penniless at death.

One detail worth keeping

He bought the $7 of winning tickets with money borrowed to get his water reconnected, and had burned through about $12 million of the $27 million within a year.

The numbers behind this win

Other Powerball winners

Keep reading

Sources

Every figure and quotation above comes from these.

Last verified: 2026-09-12