| Cash Option ($45.3 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $45,300,000.00 |
-$16,721,330.00 |
-$0.00 |
$28,578,670.00 |
| Annuity ($100 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$1,505,100.00 |
-$517,217.00 |
-$0.00 |
$987,883.00 |
| 2 |
$1,580,400.00 |
-$545,078.00 |
-$0.00 |
$1,035,322.00 |
| 3 |
$1,659,400.00 |
-$574,308.00 |
-$0.00 |
$1,085,092.00 |
| 4 |
$1,742,400.00 |
-$605,018.00 |
-$0.00 |
$1,137,382.00 |
| 5 |
$1,829,500.00 |
-$637,245.00 |
-$0.00 |
$1,192,255.00 |
| 6 |
$1,921,000.00 |
-$671,100.00 |
-$0.00 |
$1,249,900.00 |
| 7 |
$2,017,000.00 |
-$706,620.00 |
-$0.00 |
$1,310,380.00 |
| 8 |
$2,117,900.00 |
-$743,953.00 |
-$0.00 |
$1,373,947.00 |
| 9 |
$2,223,800.00 |
-$783,136.00 |
-$0.00 |
$1,440,664.00 |
| 10 |
$2,335,000.00 |
-$824,280.00 |
-$0.00 |
$1,510,720.00 |
| 11 |
$2,451,700.00 |
-$867,459.00 |
-$0.00 |
$1,584,241.00 |
| 12 |
$2,574,300.00 |
-$912,821.00 |
-$0.00 |
$1,661,479.00 |
| 13 |
$2,703,000.00 |
-$960,440.00 |
-$0.00 |
$1,742,560.00 |
| 14 |
$2,838,200.00 |
-$1,010,464.00 |
-$0.00 |
$1,827,736.00 |
| 15 |
$2,980,100.00 |
-$1,062,967.00 |
-$0.00 |
$1,917,133.00 |
| 16 |
$3,129,100.00 |
-$1,118,097.00 |
-$0.00 |
$2,011,003.00 |
| 17 |
$3,285,500.00 |
-$1,175,965.00 |
-$0.00 |
$2,109,535.00 |
| 18 |
$3,449,800.00 |
-$1,236,756.00 |
-$0.00 |
$2,213,044.00 |
| 19 |
$3,622,300.00 |
-$1,300,581.00 |
-$0.00 |
$2,321,719.00 |
| 20 |
$3,803,400.00 |
-$1,367,588.00 |
-$0.00 |
$2,435,812.00 |
| 21 |
$3,993,600.00 |
-$1,437,962.00 |
-$0.00 |
$2,555,638.00 |
| 22 |
$4,193,300.00 |
-$1,511,851.00 |
-$0.00 |
$2,681,449.00 |
| 23 |
$4,402,900.00 |
-$1,589,403.00 |
-$0.00 |
$2,813,497.00 |
| 24 |
$4,623,100.00 |
-$1,670,877.00 |
-$0.00 |
$2,952,223.00 |
| 25 |
$4,854,200.00 |
-$1,756,384.00 |
-$0.00 |
$3,097,816.00 |
| 26 |
$5,097,000.00 |
-$1,846,220.00 |
-$0.00 |
$3,250,780.00 |
| 27 |
$5,351,800.00 |
-$1,940,496.00 |
-$0.00 |
$3,411,304.00 |
| 28 |
$5,619,400.00 |
-$2,039,508.00 |
-$0.00 |
$3,579,892.00 |
| 29 |
$5,900,400.00 |
-$2,143,478.00 |
-$0.00 |
$3,756,922.00 |
| 30 |
$6,195,400.00 |
-$2,252,628.00 |
-$0.00 |
$3,942,772.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$100,000,000.00 |
-$37,000,000.00 |
-$0.00 |
$63,000,000.00 |
|
