| Cash Option ($117.3 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $117,300,000.00 |
-$43,361,330.00 |
-$0.00 |
$73,938,670.00 |
| Annuity ($250 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$3,762,750.00 |
-$1,352,548.00 |
-$0.00 |
$2,410,202.00 |
| 2 |
$3,951,000.00 |
-$1,422,200.00 |
-$0.00 |
$2,528,800.00 |
| 3 |
$4,148,500.00 |
-$1,495,275.00 |
-$0.00 |
$2,653,225.00 |
| 4 |
$4,356,000.00 |
-$1,572,050.00 |
-$0.00 |
$2,783,950.00 |
| 5 |
$4,573,750.00 |
-$1,652,618.00 |
-$0.00 |
$2,921,132.00 |
| 6 |
$4,802,500.00 |
-$1,737,255.00 |
-$0.00 |
$3,065,245.00 |
| 7 |
$5,042,500.00 |
-$1,826,055.00 |
-$0.00 |
$3,216,445.00 |
| 8 |
$5,294,750.00 |
-$1,919,388.00 |
-$0.00 |
$3,375,362.00 |
| 9 |
$5,559,500.00 |
-$2,017,345.00 |
-$0.00 |
$3,542,155.00 |
| 10 |
$5,837,500.00 |
-$2,120,205.00 |
-$0.00 |
$3,717,295.00 |
| 11 |
$6,129,250.00 |
-$2,228,153.00 |
-$0.00 |
$3,901,097.00 |
| 12 |
$6,435,750.00 |
-$2,341,558.00 |
-$0.00 |
$4,094,192.00 |
| 13 |
$6,757,500.00 |
-$2,460,605.00 |
-$0.00 |
$4,296,895.00 |
| 14 |
$7,095,500.00 |
-$2,585,665.00 |
-$0.00 |
$4,509,835.00 |
| 15 |
$7,450,250.00 |
-$2,716,923.00 |
-$0.00 |
$4,733,327.00 |
| 16 |
$7,822,750.00 |
-$2,854,748.00 |
-$0.00 |
$4,968,002.00 |
| 17 |
$8,213,750.00 |
-$2,999,418.00 |
-$0.00 |
$5,214,332.00 |
| 18 |
$8,624,500.00 |
-$3,151,395.00 |
-$0.00 |
$5,473,105.00 |
| 19 |
$9,055,750.00 |
-$3,310,958.00 |
-$0.00 |
$5,744,792.00 |
| 20 |
$9,508,500.00 |
-$3,478,475.00 |
-$0.00 |
$6,030,025.00 |
| 21 |
$9,984,000.00 |
-$3,654,410.00 |
-$0.00 |
$6,329,590.00 |
| 22 |
$10,483,250.00 |
-$3,839,133.00 |
-$0.00 |
$6,644,117.00 |
| 23 |
$11,007,250.00 |
-$4,033,013.00 |
-$0.00 |
$6,974,237.00 |
| 24 |
$11,557,750.00 |
-$4,236,698.00 |
-$0.00 |
$7,321,052.00 |
| 25 |
$12,135,500.00 |
-$4,450,465.00 |
-$0.00 |
$7,685,035.00 |
| 26 |
$12,742,500.00 |
-$4,675,055.00 |
-$0.00 |
$8,067,445.00 |
| 27 |
$13,379,500.00 |
-$4,910,745.00 |
-$0.00 |
$8,468,755.00 |
| 28 |
$14,048,500.00 |
-$5,158,275.00 |
-$0.00 |
$8,890,225.00 |
| 29 |
$14,751,000.00 |
-$5,418,200.00 |
-$0.00 |
$9,332,800.00 |
| 30 |
$15,488,500.00 |
-$5,691,075.00 |
-$0.00 |
$9,797,425.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$250,000,000.00 |
-$92,500,000.00 |
-$0.00 |
$157,500,000.00 |
|
