Former Pink Floyd star Waters said "that's my pig" as it drifted away during Sunday's gig.
Coachella spokeswoman Marcee Rondan said: "It wasn't really supposed to happen that way."
The pig was tethered to the ground with ropes and floated away as Waters was playing one of the versions of Pink Floyd song Pigs.
The tattered pig came to ground in the driveways of two families in La Quinta, California. The families will split a $10,000 reward offered by Coachella organizers. They will also share four life tickets to the annual music festival. Link -via Digg