| Cash Option ($199.8 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $199,800,000.00 |
-$73,886,330.00 |
-$0.00 |
$125,913,670.00 |
| Annuity ($485 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$7,299,735.00 |
-$2,661,232.00 |
-$0.00 |
$4,638,503.00 |
| 2 |
$7,664,940.00 |
-$2,796,358.00 |
-$0.00 |
$4,868,582.00 |
| 3 |
$8,048,090.00 |
-$2,938,124.00 |
-$0.00 |
$5,109,966.00 |
| 4 |
$8,450,640.00 |
-$3,087,067.00 |
-$0.00 |
$5,363,573.00 |
| 5 |
$8,873,075.00 |
-$3,243,368.00 |
-$0.00 |
$5,629,707.00 |
| 6 |
$9,316,850.00 |
-$3,407,565.00 |
-$0.00 |
$5,909,285.00 |
| 7 |
$9,782,450.00 |
-$3,579,837.00 |
-$0.00 |
$6,202,613.00 |
| 8 |
$10,271,815.00 |
-$3,760,902.00 |
-$0.00 |
$6,510,913.00 |
| 9 |
$10,785,430.00 |
-$3,950,939.00 |
-$0.00 |
$6,834,491.00 |
| 10 |
$11,324,750.00 |
-$4,150,488.00 |
-$0.00 |
$7,174,262.00 |
| 11 |
$11,890,745.00 |
-$4,359,906.00 |
-$0.00 |
$7,530,839.00 |
| 12 |
$12,485,355.00 |
-$4,579,912.00 |
-$0.00 |
$7,905,443.00 |
| 13 |
$13,109,550.00 |
-$4,810,864.00 |
-$0.00 |
$8,298,686.00 |
| 14 |
$13,765,270.00 |
-$5,053,480.00 |
-$0.00 |
$8,711,790.00 |
| 15 |
$14,453,485.00 |
-$5,308,120.00 |
-$0.00 |
$9,145,365.00 |
| 16 |
$15,176,135.00 |
-$5,575,500.00 |
-$0.00 |
$9,600,635.00 |
| 17 |
$15,934,675.00 |
-$5,856,160.00 |
-$0.00 |
$10,078,515.00 |
| 18 |
$16,731,530.00 |
-$6,150,996.00 |
-$0.00 |
$10,580,534.00 |
| 19 |
$17,568,155.00 |
-$6,460,548.00 |
-$0.00 |
$11,107,607.00 |
| 20 |
$18,446,490.00 |
-$6,785,532.00 |
-$0.00 |
$11,660,958.00 |
| 21 |
$19,368,960.00 |
-$7,126,846.00 |
-$0.00 |
$12,242,114.00 |
| 22 |
$20,337,505.00 |
-$7,485,207.00 |
-$0.00 |
$12,852,298.00 |
| 23 |
$21,354,065.00 |
-$7,861,334.00 |
-$0.00 |
$13,492,731.00 |
| 24 |
$22,422,035.00 |
-$8,256,483.00 |
-$0.00 |
$14,165,552.00 |
| 25 |
$23,542,870.00 |
-$8,671,192.00 |
-$0.00 |
$14,871,678.00 |
| 26 |
$24,720,450.00 |
-$9,106,897.00 |
-$0.00 |
$15,613,553.00 |
| 27 |
$25,956,230.00 |
-$9,564,135.00 |
-$0.00 |
$16,392,095.00 |
| 28 |
$27,254,090.00 |
-$10,044,344.00 |
-$0.00 |
$17,209,746.00 |
| 29 |
$28,616,940.00 |
-$10,548,598.00 |
-$0.00 |
$18,068,342.00 |
| 30 |
$30,047,690.00 |
-$11,077,976.00 |
-$0.00 |
$18,969,714.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$485,000,000.00 |
-$179,450,000.00 |
-$0.00 |
$305,550,000.00 |
|
