| Cash Option ($288.8 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $288,800,000.00 |
-$106,816,330.00 |
-$0.00 |
$181,983,670.00 |
| Annuity ($625 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$9,406,875.00 |
-$3,440,874.00 |
-$0.00 |
$5,966,001.00 |
| 2 |
$9,877,500.00 |
-$3,615,005.00 |
-$0.00 |
$6,262,495.00 |
| 3 |
$10,371,250.00 |
-$3,797,693.00 |
-$0.00 |
$6,573,557.00 |
| 4 |
$10,890,000.00 |
-$3,989,630.00 |
-$0.00 |
$6,900,370.00 |
| 5 |
$11,434,375.00 |
-$4,191,049.00 |
-$0.00 |
$7,243,326.00 |
| 6 |
$12,006,250.00 |
-$4,402,643.00 |
-$0.00 |
$7,603,607.00 |
| 7 |
$12,606,250.00 |
-$4,624,643.00 |
-$0.00 |
$7,981,607.00 |
| 8 |
$13,236,875.00 |
-$4,857,974.00 |
-$0.00 |
$8,378,901.00 |
| 9 |
$13,898,750.00 |
-$5,102,868.00 |
-$0.00 |
$8,795,882.00 |
| 10 |
$14,593,750.00 |
-$5,360,018.00 |
-$0.00 |
$9,233,732.00 |
| 11 |
$15,323,125.00 |
-$5,629,887.00 |
-$0.00 |
$9,693,238.00 |
| 12 |
$16,089,375.00 |
-$5,913,399.00 |
-$0.00 |
$10,175,976.00 |
| 13 |
$16,893,750.00 |
-$6,211,018.00 |
-$0.00 |
$10,682,732.00 |
| 14 |
$17,738,750.00 |
-$6,523,668.00 |
-$0.00 |
$11,215,082.00 |
| 15 |
$18,625,625.00 |
-$6,851,812.00 |
-$0.00 |
$11,773,813.00 |
| 16 |
$19,556,875.00 |
-$7,196,374.00 |
-$0.00 |
$12,360,501.00 |
| 17 |
$20,534,375.00 |
-$7,558,049.00 |
-$0.00 |
$12,976,326.00 |
| 18 |
$21,561,250.00 |
-$7,937,993.00 |
-$0.00 |
$13,623,257.00 |
| 19 |
$22,639,375.00 |
-$8,336,899.00 |
-$0.00 |
$14,302,476.00 |
| 20 |
$23,771,250.00 |
-$8,755,693.00 |
-$0.00 |
$15,015,557.00 |
| 21 |
$24,960,000.00 |
-$9,195,530.00 |
-$0.00 |
$15,764,470.00 |
| 22 |
$26,208,125.00 |
-$9,657,337.00 |
-$0.00 |
$16,550,788.00 |
| 23 |
$27,518,125.00 |
-$10,142,037.00 |
-$0.00 |
$17,376,088.00 |
| 24 |
$28,894,375.00 |
-$10,651,249.00 |
-$0.00 |
$18,243,126.00 |
| 25 |
$30,338,750.00 |
-$11,185,668.00 |
-$0.00 |
$19,153,082.00 |
| 26 |
$31,856,250.00 |
-$11,747,143.00 |
-$0.00 |
$20,109,107.00 |
| 27 |
$33,448,750.00 |
-$12,336,368.00 |
-$0.00 |
$21,112,382.00 |
| 28 |
$35,121,250.00 |
-$12,955,193.00 |
-$0.00 |
$22,166,057.00 |
| 29 |
$36,877,500.00 |
-$13,605,005.00 |
-$0.00 |
$23,272,495.00 |
| 30 |
$38,721,250.00 |
-$14,287,193.00 |
-$0.00 |
$24,434,057.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$625,000,000.00 |
-$231,250,000.00 |
-$0.00 |
$393,750,000.00 |
|
