Welcome Guest
Log In | Register )
You last visited January 22, 2017, 11:11 am
All times shown are
Eastern Time (GMT-5:00)

The Lottery Changed My Life...

Topic closed. 49 replies. Last post 2 years ago by noise-gate.

Page 3 of 4
4.97
PrintE-mailLink
IPlayWeekly's avatar - avatarmoney
Columbus, Ohio
United States
Member #128906
June 5, 2012
599 Posts
Offline
Posted: January 28, 2015, 11:25 am - IP Logged

Cynthia Stafford won a $112 million lottery back in 2007 and the cash value was $67 million. After all Federal taxes were factored, the net payout after it was split with her brother and father was less than $15 million.

Her brother and father most likely still have most of their funds but I highly doubt Cynthia has much left.

Yeah, I also agree.  Cynthia was spending like crazy and I don't see how can compete with major movie studios.  If she truly split her money with family she doesn't have that much to live on living in California and trying to maintain a flashy lifestyle.

    Drenick1's avatar - villiarna
    USA
    United States
    Member #152799
    February 25, 2014
    1095 Posts
    Offline
    Posted: January 28, 2015, 1:35 pm - IP Logged

    Thank you for the information.  I recall it was the HOA at issue.  With all that money he had monthly payments?  Omg $400,000? 

    David Edwards paid cash for his house when he initially purchased it back in 2001. He later took a mortgage out through Bank of America for $400k when he started running out of money. The HOA dues are a monthly recurring fee set by the association and is not part of the home price or mortgage.

    The note holder/BOA only wanted their investment back which is why the home was auctioned off at $400k

      Avatar
      New Member

      United States
      Member #163309
      January 25, 2015
      18 Posts
      Offline
      Posted: January 28, 2015, 2:36 pm - IP Logged

      Disney  wow bummer man! blew it all on drugs!?

        lejardin's avatar - Lottery-014.jpg

        United States
        Member #118609
        November 4, 2011
        1075 Posts
        Offline
        Posted: January 28, 2015, 3:09 pm - IP Logged

        David Edwards paid cash for his house when he initially purchased it back in 2001. He later took a mortgage out through Bank of America for $400k when he started running out of money. The HOA dues are a monthly recurring fee set by the association and is not part of the home price or mortgage.

        The note holder/BOA only wanted their investment back which is why the home was auctioned off at $400k

        Bank of America wouldnt be entitled to anything other than what was loaned and besides they are the worst. 

        Buying a home with association fees would be the last thing I would do.  Having someone tell me what I can and cannot do would not go over well.  As for security, with the kind of money he won, he could have private security with his own gated entry.

        Money and a drug problem = lethal combo.

          Teddi's avatar - Lottery-008.jpg

          United States
          Member #142499
          May 13, 2013
          1200 Posts
          Offline
          Posted: January 28, 2015, 6:43 pm - IP Logged

          That was David Lee Edwards from Kentucky and truly a sad story.  David married his girlfriend and they both had a very bad drug problem, you can only guess the outcome from there.  Lots of drugs for his friends, some of which overdosed and died.

          To me his story was the most tragic.  He did hire a financial advisor who said after David's death, had he followed his advice and invested the $27 million he could have lived off the interest alone of $83,000 a MONTH.  Who in their right mind could not live off that kind of money?  I would not have put all my eggs in one basket but would surely "suffer through living off" a monthly income close to that lol.

          He moved to Florida and bought a mansion, filled it with all that armour stuff, had multiple, very expensive cars and neighbors complained it looked like a car lot.  Never paid his HOA fees and things escalated from there and he lost the home.

          He health declined over the years and ended up back in Kentucky where he passed away penniless.  True, he left his daughter nothing.  Cannot imagine he didnt set her up financially at the onset.  Just a very sad story for all involved.

          I will maintain that 95% of David's problems were caused by his wife. In the beginning, he really did everything he was supposed to do. Moved away from fair weather friends, got into a gated community, put his daughter in private school and got a good financial advisor. And when his wife started using drugs again, he kicked her to the curb after numerous stints in rehab (he paid for) failed. Being an ex addict himself, he didn't want to be lured into it again.

          But she begged him to take her back, and as always happens, she got him using again. Fast forward a couple years, he's hooked, involved with shady investors who promise big returns on his quickly diminishing funds, he loses his house, what little money he has left, his cars and is living out of a storage unit. Even worse, he contracted hepatitis from dirty reused needles. His ex wife helped to take care of him in his last days.

          Meanwhile the wife who spun him down that hole went and found herself a new mark...err...sugardaddy...err...husband. never bothered to help David when he was dying. His taking her back triggered a domino effect which led to his death. The least she could have done was be there.

            lejardin's avatar - Lottery-014.jpg

            United States
            Member #118609
            November 4, 2011
            1075 Posts
            Offline
            Posted: January 29, 2015, 10:38 am - IP Logged

            I will maintain that 95% of David's problems were caused by his wife. In the beginning, he really did everything he was supposed to do. Moved away from fair weather friends, got into a gated community, put his daughter in private school and got a good financial advisor. And when his wife started using drugs again, he kicked her to the curb after numerous stints in rehab (he paid for) failed. Being an ex addict himself, he didn't want to be lured into it again.

            But she begged him to take her back, and as always happens, she got him using again. Fast forward a couple years, he's hooked, involved with shady investors who promise big returns on his quickly diminishing funds, he loses his house, what little money he has left, his cars and is living out of a storage unit. Even worse, he contracted hepatitis from dirty reused needles. His ex wife helped to take care of him in his last days.

            Meanwhile the wife who spun him down that hole went and found herself a new mark...err...sugardaddy...err...husband. never bothered to help David when he was dying. His taking her back triggered a domino effect which led to his death. The least she could have done was be there.

            You know Teddi, I have been thinking about what you posted and have to agree with you.  David started off well, and the act of hiring a financial advisor showed good intent.  I recall him saying he was not going to be one of the winners that lost it all.  Once the drugs entered the picture again it was all downhill, the wife had several unsuccessful stints in rehab and trouble with police.

              Teddi's avatar - Lottery-008.jpg

              United States
              Member #142499
              May 13, 2013
              1200 Posts
              Offline
              Posted: January 29, 2015, 2:24 pm - IP Logged

              You know Teddi, I have been thinking about what you posted and have to agree with you.  David started off well, and the act of hiring a financial advisor showed good intent.  I recall him saying he was not going to be one of the winners that lost it all.  Once the drugs entered the picture again it was all downhill, the wife had several unsuccessful stints in rehab and trouble with police.

              I think if he had stayed tough and kept her out of his life, he'd still be alive. Taking her back the last time was one time too many. There's only so much temptation an ex-addict can withstand.

              I might wake up early and go running.  I might also wake up and win the lottery.

              The odds are about the same.

                Teddi's avatar - Lottery-008.jpg

                United States
                Member #142499
                May 13, 2013
                1200 Posts
                Offline
                Posted: February 1, 2015, 5:54 pm - IP Logged

                He was on the news recently?  I havent found anything with recent news on past lottery winners.  I did find one that said Cynthia did marry the fitness instructor however.

                As for the win being a curse, how about it being a curse because of their own bad choices?  I am not surprised loans were not paid back, it has been said before, they feel the winner has so much money, they wont miss it and dont need it, therefore dont feel obligated to repay, but filing bk to avoid repayment is just low.....and this is family and friends? 

                Enjoyed watching The Lottery Changed My Life but afterwards I went to the movies to see American Sniper.  The theatre was packed, it was a brutal movie but so well done by Clint Eastwood as usual.  Chris Kyle is a true hero, and the movie was exceptional.   Hope my post doesnt get removed for off topic?

                I'm rescinding what I said about Cynthia falling off the radar. Found a 20 minute video on YouTube where she gave a talk at Up Church and did some Q & A. I'm thinking that it's recent because she mentions her husband and that the kids are 18 & 19. Sadly she makes no mention of her business or her charity which I wanted to hear about.

                  lejardin's avatar - Lottery-014.jpg

                  United States
                  Member #118609
                  November 4, 2011
                  1075 Posts
                  Offline
                  Posted: February 1, 2015, 11:24 pm - IP Logged

                  I'm rescinding what I said about Cynthia falling off the radar. Found a 20 minute video on YouTube where she gave a talk at Up Church and did some Q & A. I'm thinking that it's recent because she mentions her husband and that the kids are 18 & 19. Sadly she makes no mention of her business or her charity which I wanted to hear about.

                  I came across something with pictures of them attending some Hollyweird function and it mentioned her and her "husband" by names.  Sorry to hear she married him.  She deserves happiness but I dont think I am the only one that saw how superficial and insincere he appeared, he had $$$ signs in his eyes.  Wonder if there is a charity and business left after her marriage?

                  The kids 18 & 19, time flies, I hope they are doing well, they sure had some rough years.  Cynthia was a good person to get them together and provide a stable family life for them.

                    mypiemaster's avatar - 2015021003pileofcash
                    JACKPOT HUNTER

                    United States
                    Member #141034
                    April 2, 2013
                    1419 Posts
                    Offline
                    Posted: February 2, 2015, 1:12 am - IP Logged

                    I came across something with pictures of them attending some Hollyweird function and it mentioned her and her "husband" by names.  Sorry to hear she married him.  She deserves happiness but I dont think I am the only one that saw how superficial and insincere he appeared, he had $$$ signs in his eyes.  Wonder if there is a charity and business left after her marriage?

                    The kids 18 & 19, time flies, I hope they are doing well, they sure had some rough years.  Cynthia was a good person to get them together and provide a stable family life for them.

                    Wonderful woman, larger than life, very real and positive and still in the money.

                    Seek and ye shall find -Matt. 7:7 ...Ask and ye shall receive -John 16:24 ...Give and it shall be given unto you -Luke 6:38 ...Be careful what you ask for!!! -Mypiemaster 1:1

                    Having Money Solves Problems That Not Having Money Creates Yes Nod ****John Carlton****

                      Teddi's avatar - Lottery-008.jpg

                      United States
                      Member #142499
                      May 13, 2013
                      1200 Posts
                      Offline
                      Posted: February 2, 2015, 7:16 am - IP Logged

                      I would not have gone public the way she did but I do like her and wish her the best. It would sadden me to find out she lost it all. But as I've said before, it's been over 7 years, if she really was spending as much as she tried to portray, she'd have been broke already. She seems like a nice lady who seems to crave the spotlight a little too much, but the truth is I'm glad that she is milking her 15 minutes for all it's worth, because I enjoy hearing about her and her life.

                        Avatar
                        Warren, MI
                        United States
                        Member #160169
                        October 20, 2014
                        59 Posts
                        Offline
                        Posted: February 2, 2015, 2:56 pm - IP Logged

                        Where can I find full episodes of this? Any torrents out there.

                          lejardin's avatar - Lottery-014.jpg

                          United States
                          Member #118609
                          November 4, 2011
                          1075 Posts
                          Offline
                          Posted: February 2, 2015, 8:25 pm - IP Logged

                          Where can I find full episodes of this? Any torrents out there.

                          Some episodes are on youtube.  For me, I keep track of TLC's "The Lottery Changed My Life" because they periodically run the reruns, three or four at a time and almost always on Saturday mornings.  Cynthia's updated or the second profile was shown.

                            Avatar
                            NYC
                            United States
                            Member #161115
                            November 17, 2014
                            126 Posts
                            Offline
                            Posted: February 3, 2015, 1:14 pm - IP Logged

                            I've always wondered what happened to Cynthia Stafford. She seemed kind and smart. Hopefully she has not spent all of her money and is in debt or bankrupt.

                              lejardin's avatar - Lottery-014.jpg

                              United States
                              Member #118609
                              November 4, 2011
                              1075 Posts
                              Offline
                              Posted: February 4, 2015, 1:59 pm - IP Logged

                              I've always wondered what happened to Cynthia Stafford. She seemed kind and smart. Hopefully she has not spent all of her money and is in debt or bankrupt.

                              I hope she still has her money too.  It has been debated here because some of us think that her "husband" was helping her spend her money, first being a Bugatti as a wedding present!  Now that I think about it, Cynthia must be one of the most popular as one of two of her profiles is always on the shows. 

                              My favorite profile was the Morrisons from New York, they were in a financial mess, lost their homeless shelter run business and the county after them for fraudulent over payment.  They won the lottery and people said they had the money why not pay off the charges?  Mr. Morrison said no way, as they did nothing wrong.  He fought it and was cleared of any wrongdoing, which they probably could not have afforded to do unless they won.  It wasnt the money, it was the accusation and they are my heroes.  They got a beautiful $3.9 million dollar mansion with the win too.  A real rags to riches story.