| Cash Option ($100 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $100,000,000.00 |
-$36,960,330.00 |
-$0.00 |
$63,039,670.00 |
| Annuity ($232 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$3,491,832.00 |
-$1,252,308.00 |
-$0.00 |
$2,239,524.00 |
| 2 |
$3,666,528.00 |
-$1,316,946.00 |
-$0.00 |
$2,349,582.00 |
| 3 |
$3,849,808.00 |
-$1,384,759.00 |
-$0.00 |
$2,465,049.00 |
| 4 |
$4,042,368.00 |
-$1,456,007.00 |
-$0.00 |
$2,586,361.00 |
| 5 |
$4,244,440.00 |
-$1,530,773.00 |
-$0.00 |
$2,713,667.00 |
| 6 |
$4,456,720.00 |
-$1,609,317.00 |
-$0.00 |
$2,847,403.00 |
| 7 |
$4,679,440.00 |
-$1,691,723.00 |
-$0.00 |
$2,987,717.00 |
| 8 |
$4,913,528.00 |
-$1,778,336.00 |
-$0.00 |
$3,135,192.00 |
| 9 |
$5,159,216.00 |
-$1,869,240.00 |
-$0.00 |
$3,289,976.00 |
| 10 |
$5,417,200.00 |
-$1,964,694.00 |
-$0.00 |
$3,452,506.00 |
| 11 |
$5,687,944.00 |
-$2,064,870.00 |
-$0.00 |
$3,623,074.00 |
| 12 |
$5,972,376.00 |
-$2,170,110.00 |
-$0.00 |
$3,802,266.00 |
| 13 |
$6,270,960.00 |
-$2,280,586.00 |
-$0.00 |
$3,990,374.00 |
| 14 |
$6,584,624.00 |
-$2,396,641.00 |
-$0.00 |
$4,187,983.00 |
| 15 |
$6,913,832.00 |
-$2,518,448.00 |
-$0.00 |
$4,395,384.00 |
| 16 |
$7,259,512.00 |
-$2,646,350.00 |
-$0.00 |
$4,613,162.00 |
| 17 |
$7,622,360.00 |
-$2,780,604.00 |
-$0.00 |
$4,841,756.00 |
| 18 |
$8,003,536.00 |
-$2,921,639.00 |
-$0.00 |
$5,081,897.00 |
| 19 |
$8,403,736.00 |
-$3,069,713.00 |
-$0.00 |
$5,334,023.00 |
| 20 |
$8,823,888.00 |
-$3,225,169.00 |
-$0.00 |
$5,598,719.00 |
| 21 |
$9,265,152.00 |
-$3,388,437.00 |
-$0.00 |
$5,876,715.00 |
| 22 |
$9,728,456.00 |
-$3,559,859.00 |
-$0.00 |
$6,168,597.00 |
| 23 |
$10,214,728.00 |
-$3,739,780.00 |
-$0.00 |
$6,474,948.00 |
| 24 |
$10,725,592.00 |
-$3,928,799.00 |
-$0.00 |
$6,796,793.00 |
| 25 |
$11,261,744.00 |
-$4,127,176.00 |
-$0.00 |
$7,134,568.00 |
| 26 |
$11,825,040.00 |
-$4,335,595.00 |
-$0.00 |
$7,489,445.00 |
| 27 |
$12,416,176.00 |
-$4,554,316.00 |
-$0.00 |
$7,861,860.00 |
| 28 |
$13,037,008.00 |
-$4,784,023.00 |
-$0.00 |
$8,252,985.00 |
| 29 |
$13,688,928.00 |
-$5,025,234.00 |
-$0.00 |
$8,663,694.00 |
| 30 |
$14,373,328.00 |
-$5,278,462.00 |
-$0.00 |
$9,094,866.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$232,000,000.00 |
-$85,840,000.00 |
-$0.00 |
$146,160,000.00 |
|
