| Cash Option ($20.7 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $20,700,000.00 |
-$7,619,330.00 |
-$0.00 |
$13,080,670.00 |
| Annuity ($45 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$677,295.00 |
-$210,930.00 |
-$0.00 |
$466,365.00 |
| 2 |
$711,180.00 |
-$223,467.00 |
-$0.00 |
$487,713.00 |
| 3 |
$746,730.00 |
-$236,620.00 |
-$0.00 |
$510,110.00 |
| 4 |
$784,080.00 |
-$250,440.00 |
-$0.00 |
$533,640.00 |
| 5 |
$823,275.00 |
-$264,942.00 |
-$0.00 |
$558,333.00 |
| 6 |
$864,450.00 |
-$280,177.00 |
-$0.00 |
$584,273.00 |
| 7 |
$907,650.00 |
-$296,161.00 |
-$0.00 |
$611,489.00 |
| 8 |
$953,055.00 |
-$312,961.00 |
-$0.00 |
$640,094.00 |
| 9 |
$1,000,710.00 |
-$330,593.00 |
-$0.00 |
$670,117.00 |
| 10 |
$1,050,750.00 |
-$349,108.00 |
-$0.00 |
$701,642.00 |
| 11 |
$1,103,265.00 |
-$368,538.00 |
-$0.00 |
$734,727.00 |
| 12 |
$1,158,435.00 |
-$388,951.00 |
-$0.00 |
$769,484.00 |
| 13 |
$1,216,350.00 |
-$410,380.00 |
-$0.00 |
$805,970.00 |
| 14 |
$1,277,190.00 |
-$432,891.00 |
-$0.00 |
$844,299.00 |
| 15 |
$1,341,045.00 |
-$456,517.00 |
-$0.00 |
$884,528.00 |
| 16 |
$1,408,095.00 |
-$481,326.00 |
-$0.00 |
$926,769.00 |
| 17 |
$1,478,475.00 |
-$507,366.00 |
-$0.00 |
$971,109.00 |
| 18 |
$1,552,410.00 |
-$534,722.00 |
-$0.00 |
$1,017,688.00 |
| 19 |
$1,630,035.00 |
-$563,443.00 |
-$0.00 |
$1,066,592.00 |
| 20 |
$1,711,530.00 |
-$593,596.00 |
-$0.00 |
$1,117,934.00 |
| 21 |
$1,797,120.00 |
-$625,265.00 |
-$0.00 |
$1,171,855.00 |
| 22 |
$1,886,985.00 |
-$658,515.00 |
-$0.00 |
$1,228,470.00 |
| 23 |
$1,981,305.00 |
-$693,413.00 |
-$0.00 |
$1,287,892.00 |
| 24 |
$2,080,395.00 |
-$730,077.00 |
-$0.00 |
$1,350,318.00 |
| 25 |
$2,184,390.00 |
-$768,555.00 |
-$0.00 |
$1,415,835.00 |
| 26 |
$2,293,650.00 |
-$808,981.00 |
-$0.00 |
$1,484,669.00 |
| 27 |
$2,408,310.00 |
-$851,405.00 |
-$0.00 |
$1,556,905.00 |
| 28 |
$2,528,730.00 |
-$895,960.00 |
-$0.00 |
$1,632,770.00 |
| 29 |
$2,655,180.00 |
-$942,747.00 |
-$0.00 |
$1,712,433.00 |
| 30 |
$2,787,930.00 |
-$991,864.00 |
-$0.00 |
$1,796,066.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$45,000,000.00 |
-$16,650,000.00 |
-$0.00 |
$28,350,000.00 |
|
