This question may look like a duplicate of: How to uninstall postgresql on my Mac (running Snow Leopard) however, there are two major differences. I\'m running Lion and I\'m
Assuming you installed PostgreSQL with homebrew
as referenced in check status of postgresql server Mac OS X and how to start postgresql server on mac os x: you can use the brew uninstall postgresql
command.
If you used the EnterpriseDB installer then see the other answer in this thread.
The EnterpriseDB installer is what you get if you follow "download" links from the main Postgres web site. The Postgres team releases only source code, so the EnterpriseDB.com company builds installers as a courtesy to the community.
You may have also used Postgres.app.
This double-clickable Mac app contains the Postgres engine.