| Cash Option ($10.1 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $10,100,000.00 |
-$3,697,330.00 |
-$0.00 |
$6,402,670.00 |
| Annuity ($20 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$301,020.00 |
-$71,708.00 |
-$0.00 |
$229,312.00 |
| 2 |
$316,080.00 |
-$77,280.00 |
-$0.00 |
$238,800.00 |
| 3 |
$331,880.00 |
-$83,126.00 |
-$0.00 |
$248,754.00 |
| 4 |
$348,480.00 |
-$89,268.00 |
-$0.00 |
$259,212.00 |
| 5 |
$365,900.00 |
-$95,713.00 |
-$0.00 |
$270,187.00 |
| 6 |
$384,200.00 |
-$102,484.00 |
-$0.00 |
$281,716.00 |
| 7 |
$403,400.00 |
-$109,588.00 |
-$0.00 |
$293,812.00 |
| 8 |
$423,580.00 |
-$117,055.00 |
-$0.00 |
$306,525.00 |
| 9 |
$444,760.00 |
-$124,892.00 |
-$0.00 |
$319,868.00 |
| 10 |
$467,000.00 |
-$133,120.00 |
-$0.00 |
$333,880.00 |
| 11 |
$490,340.00 |
-$141,756.00 |
-$0.00 |
$348,584.00 |
| 12 |
$514,860.00 |
-$150,829.00 |
-$0.00 |
$364,031.00 |
| 13 |
$540,600.00 |
-$160,352.00 |
-$0.00 |
$380,248.00 |
| 14 |
$567,640.00 |
-$170,357.00 |
-$0.00 |
$397,283.00 |
| 15 |
$596,020.00 |
-$180,858.00 |
-$0.00 |
$415,162.00 |
| 16 |
$625,820.00 |
-$191,884.00 |
-$0.00 |
$433,936.00 |
| 17 |
$657,100.00 |
-$203,457.00 |
-$0.00 |
$453,643.00 |
| 18 |
$689,960.00 |
-$215,616.00 |
-$0.00 |
$474,344.00 |
| 19 |
$724,460.00 |
-$228,381.00 |
-$0.00 |
$496,079.00 |
| 20 |
$760,680.00 |
-$241,782.00 |
-$0.00 |
$518,898.00 |
| 21 |
$798,720.00 |
-$255,857.00 |
-$0.00 |
$542,863.00 |
| 22 |
$838,660.00 |
-$270,635.00 |
-$0.00 |
$568,025.00 |
| 23 |
$880,580.00 |
-$286,145.00 |
-$0.00 |
$594,435.00 |
| 24 |
$924,620.00 |
-$302,440.00 |
-$0.00 |
$622,180.00 |
| 25 |
$970,840.00 |
-$319,541.00 |
-$0.00 |
$651,299.00 |
| 26 |
$1,019,400.00 |
-$337,508.00 |
-$0.00 |
$681,892.00 |
| 27 |
$1,070,360.00 |
-$356,364.00 |
-$0.00 |
$713,996.00 |
| 28 |
$1,123,880.00 |
-$376,166.00 |
-$0.00 |
$747,714.00 |
| 29 |
$1,180,080.00 |
-$396,960.00 |
-$0.00 |
$783,120.00 |
| 30 |
$1,239,080.00 |
-$418,790.00 |
-$0.00 |
$820,290.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$20,000,000.00 |
-$7,400,000.00 |
-$0.00 |
$12,600,000.00 |
|
