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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsQuaker Workers and UFCW Members Win Big in Powerball (donned their union shirts to get the check)
http://www.democraticunderground.com/?com=post&forum=1002
This week, 20 UFCW/RWDSU Local 110 members who work as Quaker shipping employees in Cedar Rapids received some overwhelmingly good news- they had all won the lottery! The only winning ticket in the week's Powerball lottery, the group will split a whopping $242 million prize, the 15th largest in Powerball history; the biggest in Iowa's. Since the group opted for the lump sum, they will each receive $5.6 million, after taxes.
photo credit: chron.com
The 'Shipping 20,' as they're calling themselves, proudly donned their union shirts to present their winning ticket.
This spot of good luck for the winning workers is nice to hear in times where many are enduring economic hardship. We hope these winnings ease any hard times for these employees, and provide motivation for other workers to stick together when things get tough, whether its to fight for workers' rights and families, or to win the jackpot.
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Quaker Workers and UFCW Members Win Big in Powerball (donned their union shirts to get the check) (Original Post)
Omaha Steve
Jun 2012
OP
5 mil invested conservatively at say 5% interest annually would create an income of...
jonthebru
Jun 2012
#4
bigtree
(85,996 posts)1. nice!
eissa
(4,238 posts)2. Very happy for them (eom)
jonthebru
(1,034 posts)4. 5 mil invested conservatively at say 5% interest annually would create an income of...
$250,000 a year taxable income. After taxes about $175K or so.
Rough estimates of course.
That could lead to a very comfortable lifestyle.
bobthedrummer
(26,083 posts)5. SOLIDARITY K&R FROM WISCONSIN n/t
Booster
(10,021 posts)6. Union shirts - very nice touch. Congrats to all of them.