| Cash Option ($147.3 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $147,300,000.00 |
-$54,461,330.00 |
-$0.00 |
$92,838,670.00 |
| Annuity ($364 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$5,478,564.00 |
-$1,987,399.00 |
-$0.00 |
$3,491,165.00 |
| 2 |
$5,752,656.00 |
-$2,088,813.00 |
-$0.00 |
$3,663,843.00 |
| 3 |
$6,040,216.00 |
-$2,195,210.00 |
-$0.00 |
$3,845,006.00 |
| 4 |
$6,342,336.00 |
-$2,306,995.00 |
-$0.00 |
$4,035,341.00 |
| 5 |
$6,659,380.00 |
-$2,424,301.00 |
-$0.00 |
$4,235,079.00 |
| 6 |
$6,992,440.00 |
-$2,547,533.00 |
-$0.00 |
$4,444,907.00 |
| 7 |
$7,341,880.00 |
-$2,676,826.00 |
-$0.00 |
$4,665,054.00 |
| 8 |
$7,709,156.00 |
-$2,812,718.00 |
-$0.00 |
$4,896,438.00 |
| 9 |
$8,094,632.00 |
-$2,955,344.00 |
-$0.00 |
$5,139,288.00 |
| 10 |
$8,499,400.00 |
-$3,105,108.00 |
-$0.00 |
$5,394,292.00 |
| 11 |
$8,924,188.00 |
-$3,262,280.00 |
-$0.00 |
$5,661,908.00 |
| 12 |
$9,370,452.00 |
-$3,427,398.00 |
-$0.00 |
$5,943,054.00 |
| 13 |
$9,838,920.00 |
-$3,600,731.00 |
-$0.00 |
$6,238,189.00 |
| 14 |
$10,331,048.00 |
-$3,782,818.00 |
-$0.00 |
$6,548,230.00 |
| 15 |
$10,847,564.00 |
-$3,973,929.00 |
-$0.00 |
$6,873,635.00 |
| 16 |
$11,389,924.00 |
-$4,174,602.00 |
-$0.00 |
$7,215,322.00 |
| 17 |
$11,959,220.00 |
-$4,385,242.00 |
-$0.00 |
$7,573,978.00 |
| 18 |
$12,557,272.00 |
-$4,606,521.00 |
-$0.00 |
$7,950,751.00 |
| 19 |
$13,185,172.00 |
-$4,838,844.00 |
-$0.00 |
$8,346,328.00 |
| 20 |
$13,844,376.00 |
-$5,082,750.00 |
-$0.00 |
$8,761,626.00 |
| 21 |
$14,536,704.00 |
-$5,338,911.00 |
-$0.00 |
$9,197,793.00 |
| 22 |
$15,263,612.00 |
-$5,607,867.00 |
-$0.00 |
$9,655,745.00 |
| 23 |
$16,026,556.00 |
-$5,890,156.00 |
-$0.00 |
$10,136,400.00 |
| 24 |
$16,828,084.00 |
-$6,186,721.00 |
-$0.00 |
$10,641,363.00 |
| 25 |
$17,669,288.00 |
-$6,497,967.00 |
-$0.00 |
$11,171,321.00 |
| 26 |
$18,553,080.00 |
-$6,824,970.00 |
-$0.00 |
$11,728,110.00 |
| 27 |
$19,480,552.00 |
-$7,168,135.00 |
-$0.00 |
$12,312,417.00 |
| 28 |
$20,454,616.00 |
-$7,528,538.00 |
-$0.00 |
$12,926,078.00 |
| 29 |
$21,477,456.00 |
-$7,906,989.00 |
-$0.00 |
$13,570,467.00 |
| 30 |
$22,551,256.00 |
-$8,304,295.00 |
-$0.00 |
$14,246,961.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$364,000,000.00 |
-$134,680,000.00 |
-$0.00 |
$229,320,000.00 |
|
