| Cash Option ($80.8 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $80,800,000.00 |
-$29,856,330.00 |
-$0.00 |
$50,943,670.00 |
| Annuity ($179 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$2,694,129.00 |
-$957,158.00 |
-$0.00 |
$1,736,971.00 |
| 2 |
$2,828,916.00 |
-$1,007,029.00 |
-$0.00 |
$1,821,887.00 |
| 3 |
$2,970,326.00 |
-$1,059,351.00 |
-$0.00 |
$1,910,975.00 |
| 4 |
$3,118,896.00 |
-$1,114,322.00 |
-$0.00 |
$2,004,574.00 |
| 5 |
$3,274,805.00 |
-$1,172,008.00 |
-$0.00 |
$2,102,797.00 |
| 6 |
$3,438,590.00 |
-$1,232,609.00 |
-$0.00 |
$2,205,981.00 |
| 7 |
$3,610,430.00 |
-$1,296,189.00 |
-$0.00 |
$2,314,241.00 |
| 8 |
$3,791,041.00 |
-$1,363,016.00 |
-$0.00 |
$2,428,025.00 |
| 9 |
$3,980,602.00 |
-$1,433,153.00 |
-$0.00 |
$2,547,449.00 |
| 10 |
$4,179,650.00 |
-$1,506,801.00 |
-$0.00 |
$2,672,849.00 |
| 11 |
$4,388,543.00 |
-$1,584,091.00 |
-$0.00 |
$2,804,452.00 |
| 12 |
$4,607,997.00 |
-$1,665,289.00 |
-$0.00 |
$2,942,708.00 |
| 13 |
$4,838,370.00 |
-$1,750,527.00 |
-$0.00 |
$3,087,843.00 |
| 14 |
$5,080,378.00 |
-$1,840,070.00 |
-$0.00 |
$3,240,308.00 |
| 15 |
$5,334,379.00 |
-$1,934,051.00 |
-$0.00 |
$3,400,328.00 |
| 16 |
$5,601,089.00 |
-$2,032,733.00 |
-$0.00 |
$3,568,356.00 |
| 17 |
$5,881,045.00 |
-$2,136,317.00 |
-$0.00 |
$3,744,728.00 |
| 18 |
$6,175,142.00 |
-$2,245,133.00 |
-$0.00 |
$3,930,009.00 |
| 19 |
$6,483,917.00 |
-$2,359,380.00 |
-$0.00 |
$4,124,537.00 |
| 20 |
$6,808,086.00 |
-$2,479,322.00 |
-$0.00 |
$4,328,764.00 |
| 21 |
$7,148,544.00 |
-$2,605,292.00 |
-$0.00 |
$4,543,252.00 |
| 22 |
$7,506,007.00 |
-$2,737,553.00 |
-$0.00 |
$4,768,454.00 |
| 23 |
$7,881,191.00 |
-$2,876,371.00 |
-$0.00 |
$5,004,820.00 |
| 24 |
$8,275,349.00 |
-$3,022,210.00 |
-$0.00 |
$5,253,139.00 |
| 25 |
$8,689,018.00 |
-$3,175,267.00 |
-$0.00 |
$5,513,751.00 |
| 26 |
$9,123,630.00 |
-$3,336,073.00 |
-$0.00 |
$5,787,557.00 |
| 27 |
$9,579,722.00 |
-$3,504,828.00 |
-$0.00 |
$6,074,894.00 |
| 28 |
$10,058,726.00 |
-$3,682,059.00 |
-$0.00 |
$6,376,667.00 |
| 29 |
$10,561,716.00 |
-$3,868,165.00 |
-$0.00 |
$6,693,551.00 |
| 30 |
$11,089,766.00 |
-$4,063,544.00 |
-$0.00 |
$7,026,222.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$179,000,000.00 |
-$66,230,000.00 |
-$0.00 |
$112,770,000.00 |
|
