| Cash Option ($230.4 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $230,400,000.00 |
-$85,208,330.00 |
-$0.00 |
$145,191,670.00 |
| Annuity ($562 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$8,458,662.00 |
-$3,090,035.00 |
-$0.00 |
$5,368,627.00 |
| 2 |
$8,881,848.00 |
-$3,246,614.00 |
-$0.00 |
$5,635,234.00 |
| 3 |
$9,325,828.00 |
-$3,410,887.00 |
-$0.00 |
$5,914,941.00 |
| 4 |
$9,792,288.00 |
-$3,583,477.00 |
-$0.00 |
$6,208,811.00 |
| 5 |
$10,281,790.00 |
-$3,764,593.00 |
-$0.00 |
$6,517,197.00 |
| 6 |
$10,796,020.00 |
-$3,954,858.00 |
-$0.00 |
$6,841,162.00 |
| 7 |
$11,335,540.00 |
-$4,154,480.00 |
-$0.00 |
$7,181,060.00 |
| 8 |
$11,902,598.00 |
-$4,364,292.00 |
-$0.00 |
$7,538,306.00 |
| 9 |
$12,497,756.00 |
-$4,584,500.00 |
-$0.00 |
$7,913,256.00 |
| 10 |
$13,122,700.00 |
-$4,815,729.00 |
-$0.00 |
$8,306,971.00 |
| 11 |
$13,778,554.00 |
-$5,058,395.00 |
-$0.00 |
$8,720,159.00 |
| 12 |
$14,467,566.00 |
-$5,313,330.00 |
-$0.00 |
$9,154,236.00 |
| 13 |
$15,190,860.00 |
-$5,580,949.00 |
-$0.00 |
$9,609,911.00 |
| 14 |
$15,950,684.00 |
-$5,862,083.00 |
-$0.00 |
$10,088,601.00 |
| 15 |
$16,748,162.00 |
-$6,157,150.00 |
-$0.00 |
$10,591,012.00 |
| 16 |
$17,585,542.00 |
-$6,466,981.00 |
-$0.00 |
$11,118,561.00 |
| 17 |
$18,464,510.00 |
-$6,792,199.00 |
-$0.00 |
$11,672,311.00 |
| 18 |
$19,387,876.00 |
-$7,133,845.00 |
-$0.00 |
$12,254,031.00 |
| 19 |
$20,357,326.00 |
-$7,492,541.00 |
-$0.00 |
$12,864,785.00 |
| 20 |
$21,375,108.00 |
-$7,869,120.00 |
-$0.00 |
$13,505,988.00 |
| 21 |
$22,444,032.00 |
-$8,264,622.00 |
-$0.00 |
$14,179,410.00 |
| 22 |
$23,566,346.00 |
-$8,679,878.00 |
-$0.00 |
$14,886,468.00 |
| 23 |
$24,744,298.00 |
-$9,115,721.00 |
-$0.00 |
$15,628,577.00 |
| 24 |
$25,981,822.00 |
-$9,573,605.00 |
-$0.00 |
$16,408,217.00 |
| 25 |
$27,280,604.00 |
-$10,054,154.00 |
-$0.00 |
$17,226,450.00 |
| 26 |
$28,645,140.00 |
-$10,559,032.00 |
-$0.00 |
$18,086,108.00 |
| 27 |
$30,077,116.00 |
-$11,088,863.00 |
-$0.00 |
$18,988,253.00 |
| 28 |
$31,581,028.00 |
-$11,645,311.00 |
-$0.00 |
$19,935,717.00 |
| 29 |
$33,160,248.00 |
-$12,229,622.00 |
-$0.00 |
$20,930,626.00 |
| 30 |
$34,818,148.00 |
-$12,843,045.00 |
-$0.00 |
$21,975,103.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$562,000,000.00 |
-$207,940,000.00 |
-$0.00 |
$354,060,000.00 |
|
