| Cash Option ($18.8 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $18,800,000.00 |
-$6,916,330.00 |
-$0.00 |
$11,883,670.00 |
| Annuity ($42 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$632,142.00 |
-$194,223.00 |
-$0.00 |
$437,919.00 |
| 2 |
$663,768.00 |
-$205,925.00 |
-$0.00 |
$457,843.00 |
| 3 |
$696,948.00 |
-$218,201.00 |
-$0.00 |
$478,747.00 |
| 4 |
$731,808.00 |
-$231,099.00 |
-$0.00 |
$500,709.00 |
| 5 |
$768,390.00 |
-$244,635.00 |
-$0.00 |
$523,755.00 |
| 6 |
$806,820.00 |
-$258,854.00 |
-$0.00 |
$547,966.00 |
| 7 |
$847,140.00 |
-$273,772.00 |
-$0.00 |
$573,368.00 |
| 8 |
$889,518.00 |
-$289,452.00 |
-$0.00 |
$600,066.00 |
| 9 |
$933,996.00 |
-$305,909.00 |
-$0.00 |
$628,087.00 |
| 10 |
$980,700.00 |
-$323,189.00 |
-$0.00 |
$657,511.00 |
| 11 |
$1,029,714.00 |
-$341,325.00 |
-$0.00 |
$688,389.00 |
| 12 |
$1,081,206.00 |
-$360,377.00 |
-$0.00 |
$720,829.00 |
| 13 |
$1,135,260.00 |
-$380,377.00 |
-$0.00 |
$754,883.00 |
| 14 |
$1,192,044.00 |
-$401,387.00 |
-$0.00 |
$790,657.00 |
| 15 |
$1,251,642.00 |
-$423,438.00 |
-$0.00 |
$828,204.00 |
| 16 |
$1,314,222.00 |
-$446,593.00 |
-$0.00 |
$867,629.00 |
| 17 |
$1,379,910.00 |
-$470,897.00 |
-$0.00 |
$909,013.00 |
| 18 |
$1,448,916.00 |
-$496,429.00 |
-$0.00 |
$952,487.00 |
| 19 |
$1,521,366.00 |
-$523,236.00 |
-$0.00 |
$998,130.00 |
| 20 |
$1,597,428.00 |
-$551,379.00 |
-$0.00 |
$1,046,049.00 |
| 21 |
$1,677,312.00 |
-$580,936.00 |
-$0.00 |
$1,096,376.00 |
| 22 |
$1,761,186.00 |
-$611,969.00 |
-$0.00 |
$1,149,217.00 |
| 23 |
$1,849,218.00 |
-$644,541.00 |
-$0.00 |
$1,204,677.00 |
| 24 |
$1,941,702.00 |
-$678,760.00 |
-$0.00 |
$1,262,942.00 |
| 25 |
$2,038,764.00 |
-$714,673.00 |
-$0.00 |
$1,324,091.00 |
| 26 |
$2,140,740.00 |
-$752,404.00 |
-$0.00 |
$1,388,336.00 |
| 27 |
$2,247,756.00 |
-$792,000.00 |
-$0.00 |
$1,455,756.00 |
| 28 |
$2,360,148.00 |
-$833,585.00 |
-$0.00 |
$1,526,563.00 |
| 29 |
$2,478,168.00 |
-$877,253.00 |
-$0.00 |
$1,600,915.00 |
| 30 |
$2,602,068.00 |
-$923,096.00 |
-$0.00 |
$1,678,972.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$42,000,000.00 |
-$15,540,000.00 |
-$0.00 |
$26,460,000.00 |
|
