| Cash Option ($67.7 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $67,700,000.00 |
-$25,009,330.00 |
-$0.00 |
$42,690,670.00 |
| Annuity ($154 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$2,317,854.00 |
-$817,936.00 |
-$0.00 |
$1,499,918.00 |
| 2 |
$2,433,816.00 |
-$860,842.00 |
-$0.00 |
$1,572,974.00 |
| 3 |
$2,555,476.00 |
-$905,857.00 |
-$0.00 |
$1,649,619.00 |
| 4 |
$2,683,296.00 |
-$953,150.00 |
-$0.00 |
$1,730,146.00 |
| 5 |
$2,817,430.00 |
-$1,002,779.00 |
-$0.00 |
$1,814,651.00 |
| 6 |
$2,958,340.00 |
-$1,054,916.00 |
-$0.00 |
$1,903,424.00 |
| 7 |
$3,106,180.00 |
-$1,109,617.00 |
-$0.00 |
$1,996,563.00 |
| 8 |
$3,261,566.00 |
-$1,167,110.00 |
-$0.00 |
$2,094,456.00 |
| 9 |
$3,424,652.00 |
-$1,227,452.00 |
-$0.00 |
$2,197,200.00 |
| 10 |
$3,595,900.00 |
-$1,290,813.00 |
-$0.00 |
$2,305,087.00 |
| 11 |
$3,775,618.00 |
-$1,357,309.00 |
-$0.00 |
$2,418,309.00 |
| 12 |
$3,964,422.00 |
-$1,427,167.00 |
-$0.00 |
$2,537,255.00 |
| 13 |
$4,162,620.00 |
-$1,500,500.00 |
-$0.00 |
$2,662,120.00 |
| 14 |
$4,370,828.00 |
-$1,577,537.00 |
-$0.00 |
$2,793,291.00 |
| 15 |
$4,589,354.00 |
-$1,658,391.00 |
-$0.00 |
$2,930,963.00 |
| 16 |
$4,818,814.00 |
-$1,743,292.00 |
-$0.00 |
$3,075,522.00 |
| 17 |
$5,059,670.00 |
-$1,832,408.00 |
-$0.00 |
$3,227,262.00 |
| 18 |
$5,312,692.00 |
-$1,926,026.00 |
-$0.00 |
$3,386,666.00 |
| 19 |
$5,578,342.00 |
-$2,024,317.00 |
-$0.00 |
$3,554,025.00 |
| 20 |
$5,857,236.00 |
-$2,127,508.00 |
-$0.00 |
$3,729,728.00 |
| 21 |
$6,150,144.00 |
-$2,235,884.00 |
-$0.00 |
$3,914,260.00 |
| 22 |
$6,457,682.00 |
-$2,349,673.00 |
-$0.00 |
$4,108,009.00 |
| 23 |
$6,780,466.00 |
-$2,469,103.00 |
-$0.00 |
$4,311,363.00 |
| 24 |
$7,119,574.00 |
-$2,594,573.00 |
-$0.00 |
$4,525,001.00 |
| 25 |
$7,475,468.00 |
-$2,726,254.00 |
-$0.00 |
$4,749,214.00 |
| 26 |
$7,849,380.00 |
-$2,864,601.00 |
-$0.00 |
$4,984,779.00 |
| 27 |
$8,241,772.00 |
-$3,009,786.00 |
-$0.00 |
$5,231,986.00 |
| 28 |
$8,653,876.00 |
-$3,162,265.00 |
-$0.00 |
$5,491,611.00 |
| 29 |
$9,086,616.00 |
-$3,322,378.00 |
-$0.00 |
$5,764,238.00 |
| 30 |
$9,540,916.00 |
-$3,490,469.00 |
-$0.00 |
$6,050,447.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$154,000,000.00 |
-$56,980,000.00 |
-$0.00 |
$97,020,000.00 |
|
