| Cash Option ($244.2 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $244,200,000.00 |
-$90,314,330.00 |
-$0.00 |
$153,885,670.00 |
| Annuity ($533 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$8,022,183.00 |
-$2,928,538.00 |
-$0.00 |
$5,093,645.00 |
| 2 |
$8,423,532.00 |
-$3,077,037.00 |
-$0.00 |
$5,346,495.00 |
| 3 |
$8,844,602.00 |
-$3,232,833.00 |
-$0.00 |
$5,611,769.00 |
| 4 |
$9,286,992.00 |
-$3,396,517.00 |
-$0.00 |
$5,890,475.00 |
| 5 |
$9,751,235.00 |
-$3,568,287.00 |
-$0.00 |
$6,182,948.00 |
| 6 |
$10,238,930.00 |
-$3,748,734.00 |
-$0.00 |
$6,490,196.00 |
| 7 |
$10,750,610.00 |
-$3,938,056.00 |
-$0.00 |
$6,812,554.00 |
| 8 |
$11,288,407.00 |
-$4,137,041.00 |
-$0.00 |
$7,151,366.00 |
| 9 |
$11,852,854.00 |
-$4,345,886.00 |
-$0.00 |
$7,506,968.00 |
| 10 |
$12,445,550.00 |
-$4,565,184.00 |
-$0.00 |
$7,880,366.00 |
| 11 |
$13,067,561.00 |
-$4,795,328.00 |
-$0.00 |
$8,272,233.00 |
| 12 |
$13,721,019.00 |
-$5,037,107.00 |
-$0.00 |
$8,683,912.00 |
| 13 |
$14,406,990.00 |
-$5,290,917.00 |
-$0.00 |
$9,116,073.00 |
| 14 |
$15,127,606.00 |
-$5,557,545.00 |
-$0.00 |
$9,570,061.00 |
| 15 |
$15,883,933.00 |
-$5,837,386.00 |
-$0.00 |
$10,046,547.00 |
| 16 |
$16,678,103.00 |
-$6,131,228.00 |
-$0.00 |
$10,546,875.00 |
| 17 |
$17,511,715.00 |
-$6,439,665.00 |
-$0.00 |
$11,072,050.00 |
| 18 |
$18,387,434.00 |
-$6,763,681.00 |
-$0.00 |
$11,623,753.00 |
| 19 |
$19,306,859.00 |
-$7,103,868.00 |
-$0.00 |
$12,202,991.00 |
| 20 |
$20,272,122.00 |
-$7,461,016.00 |
-$0.00 |
$12,811,106.00 |
| 21 |
$21,285,888.00 |
-$7,836,109.00 |
-$0.00 |
$13,449,779.00 |
| 22 |
$22,350,289.00 |
-$8,229,937.00 |
-$0.00 |
$14,120,352.00 |
| 23 |
$23,467,457.00 |
-$8,643,289.00 |
-$0.00 |
$14,824,168.00 |
| 24 |
$24,641,123.00 |
-$9,077,546.00 |
-$0.00 |
$15,563,577.00 |
| 25 |
$25,872,886.00 |
-$9,533,298.00 |
-$0.00 |
$16,339,588.00 |
| 26 |
$27,167,010.00 |
-$10,012,124.00 |
-$0.00 |
$17,154,886.00 |
| 27 |
$28,525,094.00 |
-$10,514,615.00 |
-$0.00 |
$18,010,479.00 |
| 28 |
$29,951,402.00 |
-$11,042,349.00 |
-$0.00 |
$18,909,053.00 |
| 29 |
$31,449,132.00 |
-$11,596,509.00 |
-$0.00 |
$19,852,623.00 |
| 30 |
$33,021,482.00 |
-$12,178,279.00 |
-$0.00 |
$20,843,203.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$533,000,000.00 |
-$197,210,000.00 |
-$0.00 |
$335,790,000.00 |
|
