| Cash Option ($87.9 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $87,900,000.00 |
-$32,483,330.00 |
-$0.00 |
$55,416,670.00 |
| Annuity ($193 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$2,904,843.00 |
-$1,035,122.00 |
-$0.00 |
$1,869,721.00 |
| 2 |
$3,050,172.00 |
-$1,088,894.00 |
-$0.00 |
$1,961,278.00 |
| 3 |
$3,202,642.00 |
-$1,145,308.00 |
-$0.00 |
$2,057,334.00 |
| 4 |
$3,362,832.00 |
-$1,204,578.00 |
-$0.00 |
$2,158,254.00 |
| 5 |
$3,530,935.00 |
-$1,266,776.00 |
-$0.00 |
$2,264,159.00 |
| 6 |
$3,707,530.00 |
-$1,332,116.00 |
-$0.00 |
$2,375,414.00 |
| 7 |
$3,892,810.00 |
-$1,400,670.00 |
-$0.00 |
$2,492,140.00 |
| 8 |
$4,087,547.00 |
-$1,472,723.00 |
-$0.00 |
$2,614,824.00 |
| 9 |
$4,291,934.00 |
-$1,548,346.00 |
-$0.00 |
$2,743,588.00 |
| 10 |
$4,506,550.00 |
-$1,627,754.00 |
-$0.00 |
$2,878,796.00 |
| 11 |
$4,731,781.00 |
-$1,711,089.00 |
-$0.00 |
$3,020,692.00 |
| 12 |
$4,968,399.00 |
-$1,798,638.00 |
-$0.00 |
$3,169,761.00 |
| 13 |
$5,216,790.00 |
-$1,890,543.00 |
-$0.00 |
$3,326,247.00 |
| 14 |
$5,477,726.00 |
-$1,987,089.00 |
-$0.00 |
$3,490,637.00 |
| 15 |
$5,751,593.00 |
-$2,088,420.00 |
-$0.00 |
$3,663,173.00 |
| 16 |
$6,039,163.00 |
-$2,194,821.00 |
-$0.00 |
$3,844,342.00 |
| 17 |
$6,341,015.00 |
-$2,306,506.00 |
-$0.00 |
$4,034,509.00 |
| 18 |
$6,658,114.00 |
-$2,423,833.00 |
-$0.00 |
$4,234,281.00 |
| 19 |
$6,991,039.00 |
-$2,547,015.00 |
-$0.00 |
$4,444,024.00 |
| 20 |
$7,340,562.00 |
-$2,676,338.00 |
-$0.00 |
$4,664,224.00 |
| 21 |
$7,707,648.00 |
-$2,812,160.00 |
-$0.00 |
$4,895,488.00 |
| 22 |
$8,093,069.00 |
-$2,954,766.00 |
-$0.00 |
$5,138,303.00 |
| 23 |
$8,497,597.00 |
-$3,104,441.00 |
-$0.00 |
$5,393,156.00 |
| 24 |
$8,922,583.00 |
-$3,261,686.00 |
-$0.00 |
$5,660,897.00 |
| 25 |
$9,368,606.00 |
-$3,426,715.00 |
-$0.00 |
$5,941,891.00 |
| 26 |
$9,837,210.00 |
-$3,600,098.00 |
-$0.00 |
$6,237,112.00 |
| 27 |
$10,328,974.00 |
-$3,782,051.00 |
-$0.00 |
$6,546,923.00 |
| 28 |
$10,845,442.00 |
-$3,973,144.00 |
-$0.00 |
$6,872,298.00 |
| 29 |
$11,387,772.00 |
-$4,173,806.00 |
-$0.00 |
$7,213,966.00 |
| 30 |
$11,957,122.00 |
-$4,384,466.00 |
-$0.00 |
$7,572,656.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$193,000,000.00 |
-$71,410,000.00 |
-$0.00 |
$121,590,000.00 |
|
