| Cash Option ($212.6 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $212,600,000.00 |
-$78,622,330.00 |
-$0.00 |
$133,977,670.00 |
| Annuity ($516 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$7,766,316.00 |
-$2,833,867.00 |
-$0.00 |
$4,932,449.00 |
| 2 |
$8,154,864.00 |
-$2,977,630.00 |
-$0.00 |
$5,177,234.00 |
| 3 |
$8,562,504.00 |
-$3,128,457.00 |
-$0.00 |
$5,434,047.00 |
| 4 |
$8,990,784.00 |
-$3,286,920.00 |
-$0.00 |
$5,703,864.00 |
| 5 |
$9,440,220.00 |
-$3,453,212.00 |
-$0.00 |
$5,987,008.00 |
| 6 |
$9,912,360.00 |
-$3,627,904.00 |
-$0.00 |
$6,284,456.00 |
| 7 |
$10,407,720.00 |
-$3,811,187.00 |
-$0.00 |
$6,596,533.00 |
| 8 |
$10,928,364.00 |
-$4,003,825.00 |
-$0.00 |
$6,924,539.00 |
| 9 |
$11,474,808.00 |
-$4,206,009.00 |
-$0.00 |
$7,268,799.00 |
| 10 |
$12,048,600.00 |
-$4,418,312.00 |
-$0.00 |
$7,630,288.00 |
| 11 |
$12,650,772.00 |
-$4,641,116.00 |
-$0.00 |
$8,009,656.00 |
| 12 |
$13,283,388.00 |
-$4,875,184.00 |
-$0.00 |
$8,408,204.00 |
| 13 |
$13,947,480.00 |
-$5,120,898.00 |
-$0.00 |
$8,826,582.00 |
| 14 |
$14,645,112.00 |
-$5,379,022.00 |
-$0.00 |
$9,266,090.00 |
| 15 |
$15,377,316.00 |
-$5,649,937.00 |
-$0.00 |
$9,727,379.00 |
| 16 |
$16,146,156.00 |
-$5,934,408.00 |
-$0.00 |
$10,211,748.00 |
| 17 |
$16,953,180.00 |
-$6,233,007.00 |
-$0.00 |
$10,720,173.00 |
| 18 |
$17,800,968.00 |
-$6,546,689.00 |
-$0.00 |
$11,254,279.00 |
| 19 |
$18,691,068.00 |
-$6,876,026.00 |
-$0.00 |
$11,815,042.00 |
| 20 |
$19,625,544.00 |
-$7,221,782.00 |
-$0.00 |
$12,403,762.00 |
| 21 |
$20,606,976.00 |
-$7,584,912.00 |
-$0.00 |
$13,022,064.00 |
| 22 |
$21,637,428.00 |
-$7,966,179.00 |
-$0.00 |
$13,671,249.00 |
| 23 |
$22,718,964.00 |
-$8,366,347.00 |
-$0.00 |
$14,352,617.00 |
| 24 |
$23,855,196.00 |
-$8,786,753.00 |
-$0.00 |
$15,068,443.00 |
| 25 |
$25,047,672.00 |
-$9,227,969.00 |
-$0.00 |
$15,819,703.00 |
| 26 |
$26,300,520.00 |
-$9,691,523.00 |
-$0.00 |
$16,608,997.00 |
| 27 |
$27,615,288.00 |
-$10,177,987.00 |
-$0.00 |
$17,437,301.00 |
| 28 |
$28,996,104.00 |
-$10,688,889.00 |
-$0.00 |
$18,307,215.00 |
| 29 |
$30,446,064.00 |
-$11,225,374.00 |
-$0.00 |
$19,220,690.00 |
| 30 |
$31,968,264.00 |
-$11,788,588.00 |
-$0.00 |
$20,179,676.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$516,000,000.00 |
-$190,920,000.00 |
-$0.00 |
$325,080,000.00 |
|
