RF Micro Devices, Inc. (RFMD)

[eastunder]

RF Micro workers split $1 million Powerball prize :)

(just a fun story)


The Business Journal by Amy Dominello Braun, Multimedia/Special Sections Editor

http://www.bizjournals.com/triad/news/2012/08/08/rf-micro-winners-split-1-million.html?ana=yfcpc

Date: Wednesday, August 8, 2012, 4:36pm EDT - Last Modified: Wednesday, August 8, 2012, 5:57pm EDT

A group of 20 RF Micro employees won $1 million in the Powerball.

Amy Dominello BraunMultimedia/Special Sections Editor- The Business JournalEmail | Twitter | Google | LinkedIn
Twenty RF Micro Devices Inc. employees had been playing $5 worth of lottery tickets on whatever game had the higher jackpot for more than a year when those bets finally paid off earlier this month.

On Saturday, the Powerball ticket of "The Lotto Twenty" at RF Micro matched all five white balls in the drawing, netting them $1 million, the N.C. Education Lottery announced.

The employees all work in manufacturing at the Greensboro company and each won $50,000. That amounts to checks for $34,000 after taxes were withheld.

By matching all five white balls but not the red Power Ball, the RF Micro (NASDAQ: RFMD) group beat odds of 1 in 5.2 million.

The winners each have different plans for their winnings, including paying bills, helping family, contributing to college funds and taking vacations.

“This is a group of good people,” said Tonya Scales, one of the winners. “I felt like we were blessed.”

Amy Dominello Braun manages Web content, social media and awards-based special sections for The Business Journal.