| Cash Option ($18.6 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $18,600,000.00 |
-$6,842,330.00 |
-$0.00 |
$11,757,670.00 |
| Annuity ($39 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$586,989.00 |
-$177,516.00 |
-$0.00 |
$409,473.00 |
| 2 |
$616,356.00 |
-$188,382.00 |
-$0.00 |
$427,974.00 |
| 3 |
$647,166.00 |
-$199,782.00 |
-$0.00 |
$447,384.00 |
| 4 |
$679,536.00 |
-$211,759.00 |
-$0.00 |
$467,777.00 |
| 5 |
$713,505.00 |
-$224,327.00 |
-$0.00 |
$489,178.00 |
| 6 |
$749,190.00 |
-$237,531.00 |
-$0.00 |
$511,659.00 |
| 7 |
$786,630.00 |
-$251,383.00 |
-$0.00 |
$535,247.00 |
| 8 |
$825,981.00 |
-$265,943.00 |
-$0.00 |
$560,038.00 |
| 9 |
$867,282.00 |
-$281,225.00 |
-$0.00 |
$586,057.00 |
| 10 |
$910,650.00 |
-$297,271.00 |
-$0.00 |
$613,379.00 |
| 11 |
$956,163.00 |
-$314,111.00 |
-$0.00 |
$642,052.00 |
| 12 |
$1,003,977.00 |
-$331,802.00 |
-$0.00 |
$672,175.00 |
| 13 |
$1,054,170.00 |
-$350,373.00 |
-$0.00 |
$703,797.00 |
| 14 |
$1,106,898.00 |
-$369,883.00 |
-$0.00 |
$737,015.00 |
| 15 |
$1,162,239.00 |
-$390,359.00 |
-$0.00 |
$771,880.00 |
| 16 |
$1,220,349.00 |
-$411,860.00 |
-$0.00 |
$808,489.00 |
| 17 |
$1,281,345.00 |
-$434,428.00 |
-$0.00 |
$846,917.00 |
| 18 |
$1,345,422.00 |
-$458,137.00 |
-$0.00 |
$887,285.00 |
| 19 |
$1,412,697.00 |
-$483,028.00 |
-$0.00 |
$929,669.00 |
| 20 |
$1,483,326.00 |
-$509,161.00 |
-$0.00 |
$974,165.00 |
| 21 |
$1,557,504.00 |
-$536,607.00 |
-$0.00 |
$1,020,897.00 |
| 22 |
$1,635,387.00 |
-$565,424.00 |
-$0.00 |
$1,069,963.00 |
| 23 |
$1,717,131.00 |
-$595,669.00 |
-$0.00 |
$1,121,462.00 |
| 24 |
$1,803,009.00 |
-$627,444.00 |
-$0.00 |
$1,175,565.00 |
| 25 |
$1,893,138.00 |
-$660,791.00 |
-$0.00 |
$1,232,347.00 |
| 26 |
$1,987,830.00 |
-$695,827.00 |
-$0.00 |
$1,292,003.00 |
| 27 |
$2,087,202.00 |
-$732,595.00 |
-$0.00 |
$1,354,607.00 |
| 28 |
$2,191,566.00 |
-$771,210.00 |
-$0.00 |
$1,420,356.00 |
| 29 |
$2,301,156.00 |
-$811,758.00 |
-$0.00 |
$1,489,398.00 |
| 30 |
$2,416,206.00 |
-$854,327.00 |
-$0.00 |
$1,561,879.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$39,000,000.00 |
-$14,430,000.00 |
-$0.00 |
$24,570,000.00 |
|
