| Cash Option ($73.9 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $73,900,000.00 |
-$27,303,330.00 |
-$0.00 |
$46,596,670.00 |
| Annuity ($163 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$2,453,313.00 |
-$868,056.00 |
-$0.00 |
$1,585,257.00 |
| 2 |
$2,576,052.00 |
-$913,470.00 |
-$0.00 |
$1,662,582.00 |
| 3 |
$2,704,822.00 |
-$961,115.00 |
-$0.00 |
$1,743,707.00 |
| 4 |
$2,840,112.00 |
-$1,011,172.00 |
-$0.00 |
$1,828,940.00 |
| 5 |
$2,982,085.00 |
-$1,063,702.00 |
-$0.00 |
$1,918,383.00 |
| 6 |
$3,131,230.00 |
-$1,118,885.00 |
-$0.00 |
$2,012,345.00 |
| 7 |
$3,287,710.00 |
-$1,176,783.00 |
-$0.00 |
$2,110,927.00 |
| 8 |
$3,452,177.00 |
-$1,237,636.00 |
-$0.00 |
$2,214,541.00 |
| 9 |
$3,624,794.00 |
-$1,301,504.00 |
-$0.00 |
$2,323,290.00 |
| 10 |
$3,806,050.00 |
-$1,368,569.00 |
-$0.00 |
$2,437,481.00 |
| 11 |
$3,996,271.00 |
-$1,438,951.00 |
-$0.00 |
$2,557,320.00 |
| 12 |
$4,196,109.00 |
-$1,512,891.00 |
-$0.00 |
$2,683,218.00 |
| 13 |
$4,405,890.00 |
-$1,590,510.00 |
-$0.00 |
$2,815,380.00 |
| 14 |
$4,626,266.00 |
-$1,672,049.00 |
-$0.00 |
$2,954,217.00 |
| 15 |
$4,857,563.00 |
-$1,757,629.00 |
-$0.00 |
$3,099,934.00 |
| 16 |
$5,100,433.00 |
-$1,847,491.00 |
-$0.00 |
$3,252,942.00 |
| 17 |
$5,355,365.00 |
-$1,941,815.00 |
-$0.00 |
$3,413,550.00 |
| 18 |
$5,623,174.00 |
-$2,040,905.00 |
-$0.00 |
$3,582,269.00 |
| 19 |
$5,904,349.00 |
-$2,144,940.00 |
-$0.00 |
$3,759,409.00 |
| 20 |
$6,199,542.00 |
-$2,254,161.00 |
-$0.00 |
$3,945,381.00 |
| 21 |
$6,509,568.00 |
-$2,368,871.00 |
-$0.00 |
$4,140,697.00 |
| 22 |
$6,835,079.00 |
-$2,489,310.00 |
-$0.00 |
$4,345,769.00 |
| 23 |
$7,176,727.00 |
-$2,615,719.00 |
-$0.00 |
$4,561,008.00 |
| 24 |
$7,535,653.00 |
-$2,748,522.00 |
-$0.00 |
$4,787,131.00 |
| 25 |
$7,912,346.00 |
-$2,887,898.00 |
-$0.00 |
$5,024,448.00 |
| 26 |
$8,308,110.00 |
-$3,034,331.00 |
-$0.00 |
$5,273,779.00 |
| 27 |
$8,723,434.00 |
-$3,188,001.00 |
-$0.00 |
$5,535,433.00 |
| 28 |
$9,159,622.00 |
-$3,349,391.00 |
-$0.00 |
$5,810,231.00 |
| 29 |
$9,617,652.00 |
-$3,518,862.00 |
-$0.00 |
$6,098,790.00 |
| 30 |
$10,098,502.00 |
-$3,696,776.00 |
-$0.00 |
$6,401,726.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$163,000,000.00 |
-$60,310,000.00 |
-$0.00 |
$102,690,000.00 |
|
