| Cash Option ($194.9 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $194,900,000.00 |
-$72,073,330.00 |
-$0.00 |
$122,826,670.00 |
| Annuity ($463 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$6,968,613.00 |
-$2,538,717.00 |
-$0.00 |
$4,429,896.00 |
| 2 |
$7,317,252.00 |
-$2,667,714.00 |
-$0.00 |
$4,649,538.00 |
| 3 |
$7,683,022.00 |
-$2,803,049.00 |
-$0.00 |
$4,879,973.00 |
| 4 |
$8,067,312.00 |
-$2,945,236.00 |
-$0.00 |
$5,122,076.00 |
| 5 |
$8,470,585.00 |
-$3,094,447.00 |
-$0.00 |
$5,376,138.00 |
| 6 |
$8,894,230.00 |
-$3,251,195.00 |
-$0.00 |
$5,643,035.00 |
| 7 |
$9,338,710.00 |
-$3,415,653.00 |
-$0.00 |
$5,923,057.00 |
| 8 |
$9,805,877.00 |
-$3,588,505.00 |
-$0.00 |
$6,217,372.00 |
| 9 |
$10,296,194.00 |
-$3,769,922.00 |
-$0.00 |
$6,526,272.00 |
| 10 |
$10,811,050.00 |
-$3,960,419.00 |
-$0.00 |
$6,850,631.00 |
| 11 |
$11,351,371.00 |
-$4,160,338.00 |
-$0.00 |
$7,191,033.00 |
| 12 |
$11,919,009.00 |
-$4,370,364.00 |
-$0.00 |
$7,548,645.00 |
| 13 |
$12,514,890.00 |
-$4,590,840.00 |
-$0.00 |
$7,924,050.00 |
| 14 |
$13,140,866.00 |
-$4,822,451.00 |
-$0.00 |
$8,318,415.00 |
| 15 |
$13,797,863.00 |
-$5,065,540.00 |
-$0.00 |
$8,732,323.00 |
| 16 |
$14,487,733.00 |
-$5,320,792.00 |
-$0.00 |
$9,166,941.00 |
| 17 |
$15,211,865.00 |
-$5,588,720.00 |
-$0.00 |
$9,623,145.00 |
| 18 |
$15,972,574.00 |
-$5,870,183.00 |
-$0.00 |
$10,102,391.00 |
| 19 |
$16,771,249.00 |
-$6,165,693.00 |
-$0.00 |
$10,605,556.00 |
| 20 |
$17,609,742.00 |
-$6,475,935.00 |
-$0.00 |
$11,133,807.00 |
| 21 |
$18,490,368.00 |
-$6,801,767.00 |
-$0.00 |
$11,688,601.00 |
| 22 |
$19,414,979.00 |
-$7,143,873.00 |
-$0.00 |
$12,271,106.00 |
| 23 |
$20,385,427.00 |
-$7,502,938.00 |
-$0.00 |
$12,882,489.00 |
| 24 |
$21,404,953.00 |
-$7,880,163.00 |
-$0.00 |
$13,524,790.00 |
| 25 |
$22,474,946.00 |
-$8,276,060.00 |
-$0.00 |
$14,198,886.00 |
| 26 |
$23,599,110.00 |
-$8,692,001.00 |
-$0.00 |
$14,907,109.00 |
| 27 |
$24,778,834.00 |
-$9,128,499.00 |
-$0.00 |
$15,650,335.00 |
| 28 |
$26,017,822.00 |
-$9,586,925.00 |
-$0.00 |
$16,430,897.00 |
| 29 |
$27,318,852.00 |
-$10,068,306.00 |
-$0.00 |
$17,250,546.00 |
| 30 |
$28,684,702.00 |
-$10,573,670.00 |
-$0.00 |
$18,111,032.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$463,000,000.00 |
-$171,310,000.00 |
-$0.00 |
$291,690,000.00 |
|
