| Cash Option ($75.2 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $75,200,000.00 |
-$27,784,330.00 |
-$0.00 |
$47,415,670.00 |
| Annuity ($166 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$2,498,466.00 |
-$884,763.00 |
-$0.00 |
$1,613,703.00 |
| 2 |
$2,623,464.00 |
-$931,012.00 |
-$0.00 |
$1,692,452.00 |
| 3 |
$2,754,604.00 |
-$979,534.00 |
-$0.00 |
$1,775,070.00 |
| 4 |
$2,892,384.00 |
-$1,030,512.00 |
-$0.00 |
$1,861,872.00 |
| 5 |
$3,036,970.00 |
-$1,084,009.00 |
-$0.00 |
$1,952,961.00 |
| 6 |
$3,188,860.00 |
-$1,140,209.00 |
-$0.00 |
$2,048,651.00 |
| 7 |
$3,348,220.00 |
-$1,199,172.00 |
-$0.00 |
$2,149,048.00 |
| 8 |
$3,515,714.00 |
-$1,261,145.00 |
-$0.00 |
$2,254,569.00 |
| 9 |
$3,691,508.00 |
-$1,326,188.00 |
-$0.00 |
$2,365,320.00 |
| 10 |
$3,876,100.00 |
-$1,394,487.00 |
-$0.00 |
$2,481,613.00 |
| 11 |
$4,069,822.00 |
-$1,466,165.00 |
-$0.00 |
$2,603,657.00 |
| 12 |
$4,273,338.00 |
-$1,541,465.00 |
-$0.00 |
$2,731,873.00 |
| 13 |
$4,486,980.00 |
-$1,620,513.00 |
-$0.00 |
$2,866,467.00 |
| 14 |
$4,711,412.00 |
-$1,703,553.00 |
-$0.00 |
$3,007,859.00 |
| 15 |
$4,946,966.00 |
-$1,790,708.00 |
-$0.00 |
$3,156,258.00 |
| 16 |
$5,194,306.00 |
-$1,882,224.00 |
-$0.00 |
$3,312,082.00 |
| 17 |
$5,453,930.00 |
-$1,978,284.00 |
-$0.00 |
$3,475,646.00 |
| 18 |
$5,726,668.00 |
-$2,079,198.00 |
-$0.00 |
$3,647,470.00 |
| 19 |
$6,013,018.00 |
-$2,185,147.00 |
-$0.00 |
$3,827,871.00 |
| 20 |
$6,313,644.00 |
-$2,296,379.00 |
-$0.00 |
$4,017,265.00 |
| 21 |
$6,629,376.00 |
-$2,413,200.00 |
-$0.00 |
$4,216,176.00 |
| 22 |
$6,960,878.00 |
-$2,535,855.00 |
-$0.00 |
$4,425,023.00 |
| 23 |
$7,308,814.00 |
-$2,664,592.00 |
-$0.00 |
$4,644,222.00 |
| 24 |
$7,674,346.00 |
-$2,799,838.00 |
-$0.00 |
$4,874,508.00 |
| 25 |
$8,057,972.00 |
-$2,941,780.00 |
-$0.00 |
$5,116,192.00 |
| 26 |
$8,461,020.00 |
-$3,090,908.00 |
-$0.00 |
$5,370,112.00 |
| 27 |
$8,883,988.00 |
-$3,247,406.00 |
-$0.00 |
$5,636,582.00 |
| 28 |
$9,328,204.00 |
-$3,411,766.00 |
-$0.00 |
$5,916,438.00 |
| 29 |
$9,794,664.00 |
-$3,584,356.00 |
-$0.00 |
$6,210,308.00 |
| 30 |
$10,284,364.00 |
-$3,765,545.00 |
-$0.00 |
$6,518,819.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$166,000,000.00 |
-$61,420,000.00 |
-$0.00 |
$104,580,000.00 |
|
