| Cash Option ($38.8 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $38,800,000.00 |
-$14,316,330.00 |
-$0.00 |
$24,483,670.00 |
| Annuity ($86 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$1,294,386.00 |
-$439,253.00 |
-$0.00 |
$855,133.00 |
| 2 |
$1,359,144.00 |
-$463,214.00 |
-$0.00 |
$895,930.00 |
| 3 |
$1,427,084.00 |
-$488,351.00 |
-$0.00 |
$938,733.00 |
| 4 |
$1,498,464.00 |
-$514,762.00 |
-$0.00 |
$983,702.00 |
| 5 |
$1,573,370.00 |
-$542,477.00 |
-$0.00 |
$1,030,893.00 |
| 6 |
$1,652,060.00 |
-$571,593.00 |
-$0.00 |
$1,080,467.00 |
| 7 |
$1,734,620.00 |
-$602,140.00 |
-$0.00 |
$1,132,480.00 |
| 8 |
$1,821,394.00 |
-$634,246.00 |
-$0.00 |
$1,187,148.00 |
| 9 |
$1,912,468.00 |
-$667,944.00 |
-$0.00 |
$1,244,524.00 |
| 10 |
$2,008,100.00 |
-$703,327.00 |
-$0.00 |
$1,304,773.00 |
| 11 |
$2,108,462.00 |
-$740,461.00 |
-$0.00 |
$1,368,001.00 |
| 12 |
$2,213,898.00 |
-$779,473.00 |
-$0.00 |
$1,434,425.00 |
| 13 |
$2,324,580.00 |
-$820,425.00 |
-$0.00 |
$1,504,155.00 |
| 14 |
$2,440,852.00 |
-$863,446.00 |
-$0.00 |
$1,577,406.00 |
| 15 |
$2,562,886.00 |
-$908,598.00 |
-$0.00 |
$1,654,288.00 |
| 16 |
$2,691,026.00 |
-$956,010.00 |
-$0.00 |
$1,735,016.00 |
| 17 |
$2,825,530.00 |
-$1,005,776.00 |
-$0.00 |
$1,819,754.00 |
| 18 |
$2,966,828.00 |
-$1,058,057.00 |
-$0.00 |
$1,908,771.00 |
| 19 |
$3,115,178.00 |
-$1,112,946.00 |
-$0.00 |
$2,002,232.00 |
| 20 |
$3,270,924.00 |
-$1,170,572.00 |
-$0.00 |
$2,100,352.00 |
| 21 |
$3,434,496.00 |
-$1,231,094.00 |
-$0.00 |
$2,203,402.00 |
| 22 |
$3,606,238.00 |
-$1,294,638.00 |
-$0.00 |
$2,311,600.00 |
| 23 |
$3,786,494.00 |
-$1,361,333.00 |
-$0.00 |
$2,425,161.00 |
| 24 |
$3,975,866.00 |
-$1,431,401.00 |
-$0.00 |
$2,544,465.00 |
| 25 |
$4,174,612.00 |
-$1,504,937.00 |
-$0.00 |
$2,669,675.00 |
| 26 |
$4,383,420.00 |
-$1,582,196.00 |
-$0.00 |
$2,801,224.00 |
| 27 |
$4,602,548.00 |
-$1,663,273.00 |
-$0.00 |
$2,939,275.00 |
| 28 |
$4,832,684.00 |
-$1,748,423.00 |
-$0.00 |
$3,084,261.00 |
| 29 |
$5,074,344.00 |
-$1,837,838.00 |
-$0.00 |
$3,236,506.00 |
| 30 |
$5,328,044.00 |
-$1,931,707.00 |
-$0.00 |
$3,396,337.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$86,000,000.00 |
-$31,820,000.00 |
-$0.00 |
$54,180,000.00 |
|
