| Cash Option ($69.8 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $69,800,000.00 |
-$25,786,330.00 |
-$0.00 |
$44,013,670.00 |
| Annuity ($155 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$2,332,905.00 |
-$823,505.00 |
-$0.00 |
$1,509,400.00 |
| 2 |
$2,449,620.00 |
-$866,690.00 |
-$0.00 |
$1,582,930.00 |
| 3 |
$2,572,070.00 |
-$911,996.00 |
-$0.00 |
$1,660,074.00 |
| 4 |
$2,700,720.00 |
-$959,597.00 |
-$0.00 |
$1,741,123.00 |
| 5 |
$2,835,725.00 |
-$1,009,549.00 |
-$0.00 |
$1,826,176.00 |
| 6 |
$2,977,550.00 |
-$1,062,024.00 |
-$0.00 |
$1,915,526.00 |
| 7 |
$3,126,350.00 |
-$1,117,080.00 |
-$0.00 |
$2,009,270.00 |
| 8 |
$3,282,745.00 |
-$1,174,946.00 |
-$0.00 |
$2,107,799.00 |
| 9 |
$3,446,890.00 |
-$1,235,680.00 |
-$0.00 |
$2,211,210.00 |
| 10 |
$3,619,250.00 |
-$1,299,453.00 |
-$0.00 |
$2,319,797.00 |
| 11 |
$3,800,135.00 |
-$1,366,380.00 |
-$0.00 |
$2,433,755.00 |
| 12 |
$3,990,165.00 |
-$1,436,691.00 |
-$0.00 |
$2,553,474.00 |
| 13 |
$4,189,650.00 |
-$1,510,501.00 |
-$0.00 |
$2,679,149.00 |
| 14 |
$4,399,210.00 |
-$1,588,038.00 |
-$0.00 |
$2,811,172.00 |
| 15 |
$4,619,155.00 |
-$1,669,418.00 |
-$0.00 |
$2,949,737.00 |
| 16 |
$4,850,105.00 |
-$1,754,869.00 |
-$0.00 |
$3,095,236.00 |
| 17 |
$5,092,525.00 |
-$1,844,565.00 |
-$0.00 |
$3,247,960.00 |
| 18 |
$5,347,190.00 |
-$1,938,791.00 |
-$0.00 |
$3,408,399.00 |
| 19 |
$5,614,565.00 |
-$2,037,719.00 |
-$0.00 |
$3,576,846.00 |
| 20 |
$5,895,270.00 |
-$2,141,580.00 |
-$0.00 |
$3,753,690.00 |
| 21 |
$6,190,080.00 |
-$2,250,660.00 |
-$0.00 |
$3,939,420.00 |
| 22 |
$6,499,615.00 |
-$2,365,188.00 |
-$0.00 |
$4,134,427.00 |
| 23 |
$6,824,495.00 |
-$2,485,394.00 |
-$0.00 |
$4,339,101.00 |
| 24 |
$7,165,805.00 |
-$2,611,678.00 |
-$0.00 |
$4,554,127.00 |
| 25 |
$7,524,010.00 |
-$2,744,214.00 |
-$0.00 |
$4,779,796.00 |
| 26 |
$7,900,350.00 |
-$2,883,460.00 |
-$0.00 |
$5,016,890.00 |
| 27 |
$8,295,290.00 |
-$3,029,588.00 |
-$0.00 |
$5,265,702.00 |
| 28 |
$8,710,070.00 |
-$3,183,056.00 |
-$0.00 |
$5,527,014.00 |
| 29 |
$9,145,620.00 |
-$3,344,210.00 |
-$0.00 |
$5,801,410.00 |
| 30 |
$9,602,870.00 |
-$3,513,392.00 |
-$0.00 |
$6,089,478.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$155,000,000.00 |
-$57,350,000.00 |
-$0.00 |
$97,650,000.00 |
|
