Cook broccoli in microwave.
Meanwhile, Melt Velveeta and 3/4 stick margarine or butter on stove top over low heat.
Thoroughly drain broccoli. (Press out as much excess water as possible so your cheese sauce does not get runny)
Stir together broccoli and velveeta mixture, and then place in 8x11 casserole dish.
Melt remaining 1/4 stick of margarine. Crush Ritz crackers and mix with the margarine, then top Broccoli cheese mixture with crackers.
Bake at 350 degrees for 30 minutes, until cooked through and crackers begin to brown.