| Cash Option ($56.9 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $56,900,000.00 |
-$21,013,330.00 |
-$0.00 |
$35,886,670.00 |
| Annuity ($125 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$1,881,375.00 |
-$656,439.00 |
-$0.00 |
$1,224,936.00 |
| 2 |
$1,975,500.00 |
-$691,265.00 |
-$0.00 |
$1,284,235.00 |
| 3 |
$2,074,250.00 |
-$727,803.00 |
-$0.00 |
$1,346,447.00 |
| 4 |
$2,178,000.00 |
-$766,190.00 |
-$0.00 |
$1,411,810.00 |
| 5 |
$2,286,875.00 |
-$806,474.00 |
-$0.00 |
$1,480,401.00 |
| 6 |
$2,401,250.00 |
-$848,793.00 |
-$0.00 |
$1,552,457.00 |
| 7 |
$2,521,250.00 |
-$893,193.00 |
-$0.00 |
$1,628,057.00 |
| 8 |
$2,647,375.00 |
-$939,859.00 |
-$0.00 |
$1,707,516.00 |
| 9 |
$2,779,750.00 |
-$988,838.00 |
-$0.00 |
$1,790,912.00 |
| 10 |
$2,918,750.00 |
-$1,040,268.00 |
-$0.00 |
$1,878,482.00 |
| 11 |
$3,064,625.00 |
-$1,094,242.00 |
-$0.00 |
$1,970,383.00 |
| 12 |
$3,217,875.00 |
-$1,150,944.00 |
-$0.00 |
$2,066,931.00 |
| 13 |
$3,378,750.00 |
-$1,210,468.00 |
-$0.00 |
$2,168,282.00 |
| 14 |
$3,547,750.00 |
-$1,272,998.00 |
-$0.00 |
$2,274,752.00 |
| 15 |
$3,725,125.00 |
-$1,338,627.00 |
-$0.00 |
$2,386,498.00 |
| 16 |
$3,911,375.00 |
-$1,407,539.00 |
-$0.00 |
$2,503,836.00 |
| 17 |
$4,106,875.00 |
-$1,479,874.00 |
-$0.00 |
$2,627,001.00 |
| 18 |
$4,312,250.00 |
-$1,555,863.00 |
-$0.00 |
$2,756,387.00 |
| 19 |
$4,527,875.00 |
-$1,635,644.00 |
-$0.00 |
$2,892,231.00 |
| 20 |
$4,754,250.00 |
-$1,719,403.00 |
-$0.00 |
$3,034,847.00 |
| 21 |
$4,992,000.00 |
-$1,807,370.00 |
-$0.00 |
$3,184,630.00 |
| 22 |
$5,241,625.00 |
-$1,899,732.00 |
-$0.00 |
$3,341,893.00 |
| 23 |
$5,503,625.00 |
-$1,996,672.00 |
-$0.00 |
$3,506,953.00 |
| 24 |
$5,778,875.00 |
-$2,098,514.00 |
-$0.00 |
$3,680,361.00 |
| 25 |
$6,067,750.00 |
-$2,205,398.00 |
-$0.00 |
$3,862,352.00 |
| 26 |
$6,371,250.00 |
-$2,317,693.00 |
-$0.00 |
$4,053,557.00 |
| 27 |
$6,689,750.00 |
-$2,435,538.00 |
-$0.00 |
$4,254,212.00 |
| 28 |
$7,024,250.00 |
-$2,559,303.00 |
-$0.00 |
$4,464,947.00 |
| 29 |
$7,375,500.00 |
-$2,689,265.00 |
-$0.00 |
$4,686,235.00 |
| 30 |
$7,744,250.00 |
-$2,825,703.00 |
-$0.00 |
$4,918,547.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$125,000,000.00 |
-$46,250,000.00 |
-$0.00 |
$78,750,000.00 |
|
