Rags to riches and back to rags

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David Edwards in his luxury home

A MAN who went from rags to riches and then back to rags again has died at the age of 58.

Unemployed ex-con David Edwards, who won the $27 million Powerball in 2001, has died in a community hospice care home after losing his mansions, cars, Learjet and moving into a storage shed.

The exact cause of death was not released.

For Edwards, a drug addict who had spent a third of his life behind bars for theft, New Times Broward-Palm Beach reported, the Powerball win was truly a dream come true but perhaps not as much as a blessing as first perceived.

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