| Cash Option ($76.3 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $76,300,000.00 |
-$28,191,330.00 |
-$0.00 |
$48,108,670.00 |
| Annuity ($177 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$2,664,027.00 |
-$946,020.00 |
-$0.00 |
$1,718,007.00 |
| 2 |
$2,797,308.00 |
-$995,334.00 |
-$0.00 |
$1,801,974.00 |
| 3 |
$2,937,138.00 |
-$1,047,071.00 |
-$0.00 |
$1,890,067.00 |
| 4 |
$3,084,048.00 |
-$1,101,428.00 |
-$0.00 |
$1,982,620.00 |
| 5 |
$3,238,215.00 |
-$1,158,470.00 |
-$0.00 |
$2,079,745.00 |
| 6 |
$3,400,170.00 |
-$1,218,393.00 |
-$0.00 |
$2,181,777.00 |
| 7 |
$3,570,090.00 |
-$1,281,264.00 |
-$0.00 |
$2,288,826.00 |
| 8 |
$3,748,683.00 |
-$1,347,343.00 |
-$0.00 |
$2,401,340.00 |
| 9 |
$3,936,126.00 |
-$1,416,697.00 |
-$0.00 |
$2,519,429.00 |
| 10 |
$4,132,950.00 |
-$1,489,522.00 |
-$0.00 |
$2,643,428.00 |
| 11 |
$4,339,509.00 |
-$1,565,949.00 |
-$0.00 |
$2,773,560.00 |
| 12 |
$4,556,511.00 |
-$1,646,239.00 |
-$0.00 |
$2,910,272.00 |
| 13 |
$4,784,310.00 |
-$1,730,525.00 |
-$0.00 |
$3,053,785.00 |
| 14 |
$5,023,614.00 |
-$1,819,068.00 |
-$0.00 |
$3,204,546.00 |
| 15 |
$5,274,777.00 |
-$1,911,998.00 |
-$0.00 |
$3,362,779.00 |
| 16 |
$5,538,507.00 |
-$2,009,578.00 |
-$0.00 |
$3,528,929.00 |
| 17 |
$5,815,335.00 |
-$2,112,004.00 |
-$0.00 |
$3,703,331.00 |
| 18 |
$6,106,146.00 |
-$2,219,604.00 |
-$0.00 |
$3,886,542.00 |
| 19 |
$6,411,471.00 |
-$2,332,575.00 |
-$0.00 |
$4,078,896.00 |
| 20 |
$6,732,018.00 |
-$2,451,177.00 |
-$0.00 |
$4,280,841.00 |
| 21 |
$7,068,672.00 |
-$2,575,739.00 |
-$0.00 |
$4,492,933.00 |
| 22 |
$7,422,141.00 |
-$2,706,523.00 |
-$0.00 |
$4,715,618.00 |
| 23 |
$7,793,133.00 |
-$2,843,790.00 |
-$0.00 |
$4,949,343.00 |
| 24 |
$8,182,887.00 |
-$2,987,999.00 |
-$0.00 |
$5,194,888.00 |
| 25 |
$8,591,934.00 |
-$3,139,346.00 |
-$0.00 |
$5,452,588.00 |
| 26 |
$9,021,690.00 |
-$3,298,356.00 |
-$0.00 |
$5,723,334.00 |
| 27 |
$9,472,686.00 |
-$3,465,224.00 |
-$0.00 |
$6,007,462.00 |
| 28 |
$9,946,338.00 |
-$3,640,475.00 |
-$0.00 |
$6,305,863.00 |
| 29 |
$10,443,708.00 |
-$3,824,502.00 |
-$0.00 |
$6,619,206.00 |
| 30 |
$10,965,858.00 |
-$4,017,698.00 |
-$0.00 |
$6,948,160.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$177,000,000.00 |
-$65,490,000.00 |
-$0.00 |
$111,510,000.00 |
|
