| Cash Option ($203.6 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $203,600,000.00 |
-$75,292,330.00 |
-$0.00 |
$128,307,670.00 |
| Annuity ($482 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$7,254,582.00 |
-$2,644,526.00 |
-$0.00 |
$4,610,056.00 |
| 2 |
$7,617,528.00 |
-$2,778,816.00 |
-$0.00 |
$4,838,712.00 |
| 3 |
$7,998,308.00 |
-$2,919,704.00 |
-$0.00 |
$5,078,604.00 |
| 4 |
$8,398,368.00 |
-$3,067,727.00 |
-$0.00 |
$5,330,641.00 |
| 5 |
$8,818,190.00 |
-$3,223,061.00 |
-$0.00 |
$5,595,129.00 |
| 6 |
$9,259,220.00 |
-$3,386,242.00 |
-$0.00 |
$5,872,978.00 |
| 7 |
$9,721,940.00 |
-$3,557,448.00 |
-$0.00 |
$6,164,492.00 |
| 8 |
$10,208,278.00 |
-$3,737,393.00 |
-$0.00 |
$6,470,885.00 |
| 9 |
$10,718,716.00 |
-$3,926,255.00 |
-$0.00 |
$6,792,461.00 |
| 10 |
$11,254,700.00 |
-$4,124,569.00 |
-$0.00 |
$7,130,131.00 |
| 11 |
$11,817,194.00 |
-$4,332,692.00 |
-$0.00 |
$7,484,502.00 |
| 12 |
$12,408,126.00 |
-$4,551,337.00 |
-$0.00 |
$7,856,789.00 |
| 13 |
$13,028,460.00 |
-$4,780,861.00 |
-$0.00 |
$8,247,599.00 |
| 14 |
$13,680,124.00 |
-$5,021,976.00 |
-$0.00 |
$8,658,148.00 |
| 15 |
$14,364,082.00 |
-$5,275,041.00 |
-$0.00 |
$9,089,041.00 |
| 16 |
$15,082,262.00 |
-$5,540,767.00 |
-$0.00 |
$9,541,495.00 |
| 17 |
$15,836,110.00 |
-$5,819,691.00 |
-$0.00 |
$10,016,419.00 |
| 18 |
$16,628,036.00 |
-$6,112,704.00 |
-$0.00 |
$10,515,332.00 |
| 19 |
$17,459,486.00 |
-$6,420,340.00 |
-$0.00 |
$11,039,146.00 |
| 20 |
$18,332,388.00 |
-$6,743,314.00 |
-$0.00 |
$11,589,074.00 |
| 21 |
$19,249,152.00 |
-$7,082,517.00 |
-$0.00 |
$12,166,635.00 |
| 22 |
$20,211,706.00 |
-$7,438,662.00 |
-$0.00 |
$12,773,044.00 |
| 23 |
$21,221,978.00 |
-$7,812,462.00 |
-$0.00 |
$13,409,516.00 |
| 24 |
$22,283,342.00 |
-$8,205,167.00 |
-$0.00 |
$14,078,175.00 |
| 25 |
$23,397,244.00 |
-$8,617,311.00 |
-$0.00 |
$14,779,933.00 |
| 26 |
$24,567,540.00 |
-$9,050,320.00 |
-$0.00 |
$15,517,220.00 |
| 27 |
$25,795,676.00 |
-$9,504,731.00 |
-$0.00 |
$16,290,945.00 |
| 28 |
$27,085,508.00 |
-$9,981,968.00 |
-$0.00 |
$17,103,540.00 |
| 29 |
$28,439,928.00 |
-$10,483,104.00 |
-$0.00 |
$17,956,824.00 |
| 30 |
$29,861,828.00 |
-$11,009,207.00 |
-$0.00 |
$18,852,621.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$482,000,000.00 |
-$178,340,000.00 |
-$0.00 |
$303,660,000.00 |
|
