| Cash Option ($165.6 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $165,600,000.00 |
-$61,232,330.00 |
-$0.00 |
$104,367,670.00 |
| Annuity ($366 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$5,508,666.00 |
-$1,998,537.00 |
-$0.00 |
$3,510,129.00 |
| 2 |
$5,784,264.00 |
-$2,100,508.00 |
-$0.00 |
$3,683,756.00 |
| 3 |
$6,073,404.00 |
-$2,207,490.00 |
-$0.00 |
$3,865,914.00 |
| 4 |
$6,377,184.00 |
-$2,319,888.00 |
-$0.00 |
$4,057,296.00 |
| 5 |
$6,695,970.00 |
-$2,437,839.00 |
-$0.00 |
$4,258,131.00 |
| 6 |
$7,030,860.00 |
-$2,561,749.00 |
-$0.00 |
$4,469,111.00 |
| 7 |
$7,382,220.00 |
-$2,691,752.00 |
-$0.00 |
$4,690,468.00 |
| 8 |
$7,751,514.00 |
-$2,828,391.00 |
-$0.00 |
$4,923,123.00 |
| 9 |
$8,139,108.00 |
-$2,971,800.00 |
-$0.00 |
$5,167,308.00 |
| 10 |
$8,546,100.00 |
-$3,122,387.00 |
-$0.00 |
$5,423,713.00 |
| 11 |
$8,973,222.00 |
-$3,280,423.00 |
-$0.00 |
$5,692,799.00 |
| 12 |
$9,421,938.00 |
-$3,446,447.00 |
-$0.00 |
$5,975,491.00 |
| 13 |
$9,892,980.00 |
-$3,620,733.00 |
-$0.00 |
$6,272,247.00 |
| 14 |
$10,387,812.00 |
-$3,803,821.00 |
-$0.00 |
$6,583,991.00 |
| 15 |
$10,907,166.00 |
-$3,995,982.00 |
-$0.00 |
$6,911,184.00 |
| 16 |
$11,452,506.00 |
-$4,197,758.00 |
-$0.00 |
$7,254,748.00 |
| 17 |
$12,024,930.00 |
-$4,409,554.00 |
-$0.00 |
$7,615,376.00 |
| 18 |
$12,626,268.00 |
-$4,632,050.00 |
-$0.00 |
$7,994,218.00 |
| 19 |
$13,257,618.00 |
-$4,865,649.00 |
-$0.00 |
$8,391,969.00 |
| 20 |
$13,920,444.00 |
-$5,110,895.00 |
-$0.00 |
$8,809,549.00 |
| 21 |
$14,616,576.00 |
-$5,368,464.00 |
-$0.00 |
$9,248,112.00 |
| 22 |
$15,347,478.00 |
-$5,638,897.00 |
-$0.00 |
$9,708,581.00 |
| 23 |
$16,114,614.00 |
-$5,922,738.00 |
-$0.00 |
$10,191,876.00 |
| 24 |
$16,920,546.00 |
-$6,220,932.00 |
-$0.00 |
$10,699,614.00 |
| 25 |
$17,766,372.00 |
-$6,533,888.00 |
-$0.00 |
$11,232,484.00 |
| 26 |
$18,655,020.00 |
-$6,862,688.00 |
-$0.00 |
$11,792,332.00 |
| 27 |
$19,587,588.00 |
-$7,207,738.00 |
-$0.00 |
$12,379,850.00 |
| 28 |
$20,567,004.00 |
-$7,570,122.00 |
-$0.00 |
$12,996,882.00 |
| 29 |
$21,595,464.00 |
-$7,950,652.00 |
-$0.00 |
$13,644,812.00 |
| 30 |
$22,675,164.00 |
-$8,350,141.00 |
-$0.00 |
$14,325,023.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$366,000,000.00 |
-$135,420,000.00 |
-$0.00 |
$230,580,000.00 |
|
