| Cash Option ($51.1 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $51,100,000.00 |
-$18,867,330.00 |
-$0.00 |
$32,232,670.00 |
| Annuity ($119 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$1,791,069.00 |
-$623,026.00 |
-$0.00 |
$1,168,043.00 |
| 2 |
$1,880,676.00 |
-$656,181.00 |
-$0.00 |
$1,224,495.00 |
| 3 |
$1,974,686.00 |
-$690,964.00 |
-$0.00 |
$1,283,722.00 |
| 4 |
$2,073,456.00 |
-$727,509.00 |
-$0.00 |
$1,345,947.00 |
| 5 |
$2,177,105.00 |
-$765,859.00 |
-$0.00 |
$1,411,246.00 |
| 6 |
$2,285,990.00 |
-$806,147.00 |
-$0.00 |
$1,479,843.00 |
| 7 |
$2,400,230.00 |
-$848,415.00 |
-$0.00 |
$1,551,815.00 |
| 8 |
$2,520,301.00 |
-$892,842.00 |
-$0.00 |
$1,627,459.00 |
| 9 |
$2,646,322.00 |
-$939,470.00 |
-$0.00 |
$1,706,852.00 |
| 10 |
$2,778,650.00 |
-$988,431.00 |
-$0.00 |
$1,790,219.00 |
| 11 |
$2,917,523.00 |
-$1,039,814.00 |
-$0.00 |
$1,877,709.00 |
| 12 |
$3,063,417.00 |
-$1,093,795.00 |
-$0.00 |
$1,969,622.00 |
| 13 |
$3,216,570.00 |
-$1,150,461.00 |
-$0.00 |
$2,066,109.00 |
| 14 |
$3,377,458.00 |
-$1,209,990.00 |
-$0.00 |
$2,167,468.00 |
| 15 |
$3,546,319.00 |
-$1,272,468.00 |
-$0.00 |
$2,273,851.00 |
| 16 |
$3,723,629.00 |
-$1,338,073.00 |
-$0.00 |
$2,385,556.00 |
| 17 |
$3,909,745.00 |
-$1,406,936.00 |
-$0.00 |
$2,502,809.00 |
| 18 |
$4,105,262.00 |
-$1,479,277.00 |
-$0.00 |
$2,625,985.00 |
| 19 |
$4,310,537.00 |
-$1,555,229.00 |
-$0.00 |
$2,755,308.00 |
| 20 |
$4,526,046.00 |
-$1,634,967.00 |
-$0.00 |
$2,891,079.00 |
| 21 |
$4,752,384.00 |
-$1,718,712.00 |
-$0.00 |
$3,033,672.00 |
| 22 |
$4,990,027.00 |
-$1,806,640.00 |
-$0.00 |
$3,183,387.00 |
| 23 |
$5,239,451.00 |
-$1,898,927.00 |
-$0.00 |
$3,340,524.00 |
| 24 |
$5,501,489.00 |
-$1,995,881.00 |
-$0.00 |
$3,505,608.00 |
| 25 |
$5,776,498.00 |
-$2,097,635.00 |
-$0.00 |
$3,678,863.00 |
| 26 |
$6,065,430.00 |
-$2,204,539.00 |
-$0.00 |
$3,860,891.00 |
| 27 |
$6,368,642.00 |
-$2,316,728.00 |
-$0.00 |
$4,051,914.00 |
| 28 |
$6,687,086.00 |
-$2,434,552.00 |
-$0.00 |
$4,252,534.00 |
| 29 |
$7,021,476.00 |
-$2,558,277.00 |
-$0.00 |
$4,463,199.00 |
| 30 |
$7,372,526.00 |
-$2,688,165.00 |
-$0.00 |
$4,684,361.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$119,000,000.00 |
-$44,030,000.00 |
-$0.00 |
$74,970,000.00 |
|
