| Cash Option ($86.7 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $86,700,000.00 |
-$32,039,330.00 |
-$0.00 |
$54,660,670.00 |
| Annuity ($194 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$2,919,894.00 |
-$1,040,691.00 |
-$0.00 |
$1,879,203.00 |
| 2 |
$3,065,976.00 |
-$1,094,742.00 |
-$0.00 |
$1,971,234.00 |
| 3 |
$3,219,236.00 |
-$1,151,448.00 |
-$0.00 |
$2,067,788.00 |
| 4 |
$3,380,256.00 |
-$1,211,025.00 |
-$0.00 |
$2,169,231.00 |
| 5 |
$3,549,230.00 |
-$1,273,545.00 |
-$0.00 |
$2,275,685.00 |
| 6 |
$3,726,740.00 |
-$1,339,224.00 |
-$0.00 |
$2,387,516.00 |
| 7 |
$3,912,980.00 |
-$1,408,133.00 |
-$0.00 |
$2,504,847.00 |
| 8 |
$4,108,726.00 |
-$1,480,559.00 |
-$0.00 |
$2,628,167.00 |
| 9 |
$4,314,172.00 |
-$1,556,574.00 |
-$0.00 |
$2,757,598.00 |
| 10 |
$4,529,900.00 |
-$1,636,393.00 |
-$0.00 |
$2,893,507.00 |
| 11 |
$4,756,298.00 |
-$1,720,161.00 |
-$0.00 |
$3,036,137.00 |
| 12 |
$4,994,142.00 |
-$1,808,163.00 |
-$0.00 |
$3,185,979.00 |
| 13 |
$5,243,820.00 |
-$1,900,544.00 |
-$0.00 |
$3,343,276.00 |
| 14 |
$5,506,108.00 |
-$1,997,590.00 |
-$0.00 |
$3,508,518.00 |
| 15 |
$5,781,394.00 |
-$2,099,446.00 |
-$0.00 |
$3,681,948.00 |
| 16 |
$6,070,454.00 |
-$2,206,398.00 |
-$0.00 |
$3,864,056.00 |
| 17 |
$6,373,870.00 |
-$2,318,662.00 |
-$0.00 |
$4,055,208.00 |
| 18 |
$6,692,612.00 |
-$2,436,597.00 |
-$0.00 |
$4,256,015.00 |
| 19 |
$7,027,262.00 |
-$2,560,417.00 |
-$0.00 |
$4,466,845.00 |
| 20 |
$7,378,596.00 |
-$2,690,411.00 |
-$0.00 |
$4,688,185.00 |
| 21 |
$7,747,584.00 |
-$2,826,936.00 |
-$0.00 |
$4,920,648.00 |
| 22 |
$8,135,002.00 |
-$2,970,281.00 |
-$0.00 |
$5,164,721.00 |
| 23 |
$8,541,626.00 |
-$3,120,732.00 |
-$0.00 |
$5,420,894.00 |
| 24 |
$8,968,814.00 |
-$3,278,792.00 |
-$0.00 |
$5,690,022.00 |
| 25 |
$9,417,148.00 |
-$3,444,675.00 |
-$0.00 |
$5,972,473.00 |
| 26 |
$9,888,180.00 |
-$3,618,957.00 |
-$0.00 |
$6,269,223.00 |
| 27 |
$10,382,492.00 |
-$3,801,852.00 |
-$0.00 |
$6,580,640.00 |
| 28 |
$10,901,636.00 |
-$3,993,936.00 |
-$0.00 |
$6,907,700.00 |
| 29 |
$11,446,776.00 |
-$4,195,638.00 |
-$0.00 |
$7,251,138.00 |
| 30 |
$12,019,076.00 |
-$4,407,389.00 |
-$0.00 |
$7,611,687.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$194,000,000.00 |
-$71,780,000.00 |
-$0.00 |
$122,220,000.00 |
|
