| Cash Option ($79.6 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $79,600,000.00 |
-$29,412,330.00 |
-$0.00 |
$50,187,670.00 |
| Annuity ($178 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$2,679,078.00 |
-$951,589.00 |
-$0.00 |
$1,727,489.00 |
| 2 |
$2,813,112.00 |
-$1,001,182.00 |
-$0.00 |
$1,811,930.00 |
| 3 |
$2,953,732.00 |
-$1,053,211.00 |
-$0.00 |
$1,900,521.00 |
| 4 |
$3,101,472.00 |
-$1,107,875.00 |
-$0.00 |
$1,993,597.00 |
| 5 |
$3,256,510.00 |
-$1,165,239.00 |
-$0.00 |
$2,091,271.00 |
| 6 |
$3,419,380.00 |
-$1,225,501.00 |
-$0.00 |
$2,193,879.00 |
| 7 |
$3,590,260.00 |
-$1,288,727.00 |
-$0.00 |
$2,301,533.00 |
| 8 |
$3,769,862.00 |
-$1,355,179.00 |
-$0.00 |
$2,414,683.00 |
| 9 |
$3,958,364.00 |
-$1,424,925.00 |
-$0.00 |
$2,533,439.00 |
| 10 |
$4,156,300.00 |
-$1,498,161.00 |
-$0.00 |
$2,658,139.00 |
| 11 |
$4,364,026.00 |
-$1,575,020.00 |
-$0.00 |
$2,789,006.00 |
| 12 |
$4,582,254.00 |
-$1,655,764.00 |
-$0.00 |
$2,926,490.00 |
| 13 |
$4,811,340.00 |
-$1,740,526.00 |
-$0.00 |
$3,070,814.00 |
| 14 |
$5,051,996.00 |
-$1,829,569.00 |
-$0.00 |
$3,222,427.00 |
| 15 |
$5,304,578.00 |
-$1,923,024.00 |
-$0.00 |
$3,381,554.00 |
| 16 |
$5,569,798.00 |
-$2,021,156.00 |
-$0.00 |
$3,548,642.00 |
| 17 |
$5,848,190.00 |
-$2,124,161.00 |
-$0.00 |
$3,724,029.00 |
| 18 |
$6,140,644.00 |
-$2,232,369.00 |
-$0.00 |
$3,908,275.00 |
| 19 |
$6,447,694.00 |
-$2,345,977.00 |
-$0.00 |
$4,101,717.00 |
| 20 |
$6,770,052.00 |
-$2,465,250.00 |
-$0.00 |
$4,304,802.00 |
| 21 |
$7,108,608.00 |
-$2,590,515.00 |
-$0.00 |
$4,518,093.00 |
| 22 |
$7,464,074.00 |
-$2,722,038.00 |
-$0.00 |
$4,742,036.00 |
| 23 |
$7,837,162.00 |
-$2,860,080.00 |
-$0.00 |
$4,977,082.00 |
| 24 |
$8,229,118.00 |
-$3,005,104.00 |
-$0.00 |
$5,224,014.00 |
| 25 |
$8,640,476.00 |
-$3,157,307.00 |
-$0.00 |
$5,483,169.00 |
| 26 |
$9,072,660.00 |
-$3,317,215.00 |
-$0.00 |
$5,755,445.00 |
| 27 |
$9,526,204.00 |
-$3,485,026.00 |
-$0.00 |
$6,041,178.00 |
| 28 |
$10,002,532.00 |
-$3,661,267.00 |
-$0.00 |
$6,341,265.00 |
| 29 |
$10,502,712.00 |
-$3,846,334.00 |
-$0.00 |
$6,656,378.00 |
| 30 |
$11,027,812.00 |
-$4,040,621.00 |
-$0.00 |
$6,987,191.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$178,000,000.00 |
-$65,860,000.00 |
-$0.00 |
$112,140,000.00 |
|
