| Cash Option ($178.6 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $178,600,000.00 |
-$66,042,330.00 |
-$0.00 |
$112,557,670.00 |
| Annuity ($433 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$6,517,083.00 |
-$2,371,651.00 |
-$0.00 |
$4,145,432.00 |
| 2 |
$6,843,132.00 |
-$2,492,289.00 |
-$0.00 |
$4,350,843.00 |
| 3 |
$7,185,202.00 |
-$2,618,855.00 |
-$0.00 |
$4,566,347.00 |
| 4 |
$7,544,592.00 |
-$2,751,829.00 |
-$0.00 |
$4,792,763.00 |
| 5 |
$7,921,735.00 |
-$2,891,372.00 |
-$0.00 |
$5,030,363.00 |
| 6 |
$8,317,930.00 |
-$3,037,964.00 |
-$0.00 |
$5,279,966.00 |
| 7 |
$8,733,610.00 |
-$3,191,766.00 |
-$0.00 |
$5,541,844.00 |
| 8 |
$9,170,507.00 |
-$3,353,418.00 |
-$0.00 |
$5,817,089.00 |
| 9 |
$9,629,054.00 |
-$3,523,080.00 |
-$0.00 |
$6,105,974.00 |
| 10 |
$10,110,550.00 |
-$3,701,234.00 |
-$0.00 |
$6,409,316.00 |
| 11 |
$10,615,861.00 |
-$3,888,199.00 |
-$0.00 |
$6,727,662.00 |
| 12 |
$11,146,719.00 |
-$4,084,616.00 |
-$0.00 |
$7,062,103.00 |
| 13 |
$11,703,990.00 |
-$4,290,807.00 |
-$0.00 |
$7,413,183.00 |
| 14 |
$12,289,406.00 |
-$4,507,411.00 |
-$0.00 |
$7,781,995.00 |
| 15 |
$12,903,833.00 |
-$4,734,749.00 |
-$0.00 |
$8,169,084.00 |
| 16 |
$13,549,003.00 |
-$4,973,461.00 |
-$0.00 |
$8,575,542.00 |
| 17 |
$14,226,215.00 |
-$5,224,030.00 |
-$0.00 |
$9,002,185.00 |
| 18 |
$14,937,634.00 |
-$5,487,255.00 |
-$0.00 |
$9,450,379.00 |
| 19 |
$15,684,559.00 |
-$5,763,617.00 |
-$0.00 |
$9,920,942.00 |
| 20 |
$16,468,722.00 |
-$6,053,758.00 |
-$0.00 |
$10,414,964.00 |
| 21 |
$17,292,288.00 |
-$6,358,477.00 |
-$0.00 |
$10,933,811.00 |
| 22 |
$18,156,989.00 |
-$6,678,416.00 |
-$0.00 |
$11,478,573.00 |
| 23 |
$19,064,557.00 |
-$7,014,216.00 |
-$0.00 |
$12,050,341.00 |
| 24 |
$20,018,023.00 |
-$7,366,999.00 |
-$0.00 |
$12,651,024.00 |
| 25 |
$21,018,686.00 |
-$7,737,244.00 |
-$0.00 |
$13,281,442.00 |
| 26 |
$22,070,010.00 |
-$8,126,234.00 |
-$0.00 |
$13,943,776.00 |
| 27 |
$23,173,294.00 |
-$8,534,449.00 |
-$0.00 |
$14,638,845.00 |
| 28 |
$24,332,002.00 |
-$8,963,171.00 |
-$0.00 |
$15,368,831.00 |
| 29 |
$25,548,732.00 |
-$9,413,361.00 |
-$0.00 |
$16,135,371.00 |
| 30 |
$26,826,082.00 |
-$9,885,981.00 |
-$0.00 |
$16,940,101.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$433,000,000.00 |
-$160,210,000.00 |
-$0.00 |
$272,790,000.00 |
|
