| Cash Option ($86.3 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $86,300,000.00 |
-$31,891,330.00 |
-$0.00 |
$54,408,670.00 |
| Annuity ($195 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$2,934,945.00 |
-$1,046,260.00 |
-$0.00 |
$1,888,685.00 |
| 2 |
$3,081,780.00 |
-$1,100,589.00 |
-$0.00 |
$1,981,191.00 |
| 3 |
$3,235,830.00 |
-$1,157,587.00 |
-$0.00 |
$2,078,243.00 |
| 4 |
$3,397,680.00 |
-$1,217,472.00 |
-$0.00 |
$2,180,208.00 |
| 5 |
$3,567,525.00 |
-$1,280,315.00 |
-$0.00 |
$2,287,210.00 |
| 6 |
$3,745,950.00 |
-$1,346,332.00 |
-$0.00 |
$2,399,618.00 |
| 7 |
$3,933,150.00 |
-$1,415,596.00 |
-$0.00 |
$2,517,554.00 |
| 8 |
$4,129,905.00 |
-$1,488,395.00 |
-$0.00 |
$2,641,510.00 |
| 9 |
$4,336,410.00 |
-$1,564,802.00 |
-$0.00 |
$2,771,608.00 |
| 10 |
$4,553,250.00 |
-$1,645,033.00 |
-$0.00 |
$2,908,217.00 |
| 11 |
$4,780,815.00 |
-$1,729,232.00 |
-$0.00 |
$3,051,583.00 |
| 12 |
$5,019,885.00 |
-$1,817,688.00 |
-$0.00 |
$3,202,197.00 |
| 13 |
$5,270,850.00 |
-$1,910,545.00 |
-$0.00 |
$3,360,305.00 |
| 14 |
$5,534,490.00 |
-$2,008,092.00 |
-$0.00 |
$3,526,398.00 |
| 15 |
$5,811,195.00 |
-$2,110,473.00 |
-$0.00 |
$3,700,722.00 |
| 16 |
$6,101,745.00 |
-$2,217,976.00 |
-$0.00 |
$3,883,769.00 |
| 17 |
$6,406,725.00 |
-$2,330,819.00 |
-$0.00 |
$4,075,906.00 |
| 18 |
$6,727,110.00 |
-$2,449,361.00 |
-$0.00 |
$4,277,749.00 |
| 19 |
$7,063,485.00 |
-$2,573,820.00 |
-$0.00 |
$4,489,665.00 |
| 20 |
$7,416,630.00 |
-$2,704,483.00 |
-$0.00 |
$4,712,147.00 |
| 21 |
$7,787,520.00 |
-$2,841,713.00 |
-$0.00 |
$4,945,807.00 |
| 22 |
$8,176,935.00 |
-$2,985,796.00 |
-$0.00 |
$5,191,139.00 |
| 23 |
$8,585,655.00 |
-$3,137,023.00 |
-$0.00 |
$5,448,632.00 |
| 24 |
$9,015,045.00 |
-$3,295,897.00 |
-$0.00 |
$5,719,148.00 |
| 25 |
$9,465,690.00 |
-$3,462,636.00 |
-$0.00 |
$6,003,054.00 |
| 26 |
$9,939,150.00 |
-$3,637,816.00 |
-$0.00 |
$6,301,334.00 |
| 27 |
$10,436,010.00 |
-$3,821,654.00 |
-$0.00 |
$6,614,356.00 |
| 28 |
$10,957,830.00 |
-$4,014,727.00 |
-$0.00 |
$6,943,103.00 |
| 29 |
$11,505,780.00 |
-$4,217,469.00 |
-$0.00 |
$7,288,311.00 |
| 30 |
$12,081,030.00 |
-$4,430,311.00 |
-$0.00 |
$7,650,719.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$195,000,000.00 |
-$72,150,000.00 |
-$0.00 |
$122,850,000.00 |
|
