| Cash Option ($16.8 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $16,800,000.00 |
-$6,176,330.00 |
-$0.00 |
$10,623,670.00 |
| Annuity ($36 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$541,836.00 |
-$160,810.00 |
-$0.00 |
$381,026.00 |
| 2 |
$568,944.00 |
-$170,840.00 |
-$0.00 |
$398,104.00 |
| 3 |
$597,384.00 |
-$181,362.00 |
-$0.00 |
$416,022.00 |
| 4 |
$627,264.00 |
-$192,418.00 |
-$0.00 |
$434,846.00 |
| 5 |
$658,620.00 |
-$204,020.00 |
-$0.00 |
$454,600.00 |
| 6 |
$691,560.00 |
-$216,208.00 |
-$0.00 |
$475,352.00 |
| 7 |
$726,120.00 |
-$228,995.00 |
-$0.00 |
$497,125.00 |
| 8 |
$762,444.00 |
-$242,435.00 |
-$0.00 |
$520,009.00 |
| 9 |
$800,568.00 |
-$256,541.00 |
-$0.00 |
$544,027.00 |
| 10 |
$840,600.00 |
-$271,352.00 |
-$0.00 |
$569,248.00 |
| 11 |
$882,612.00 |
-$286,897.00 |
-$0.00 |
$595,715.00 |
| 12 |
$926,748.00 |
-$303,227.00 |
-$0.00 |
$623,521.00 |
| 13 |
$973,080.00 |
-$320,370.00 |
-$0.00 |
$652,710.00 |
| 14 |
$1,021,752.00 |
-$338,379.00 |
-$0.00 |
$683,373.00 |
| 15 |
$1,072,836.00 |
-$357,280.00 |
-$0.00 |
$715,556.00 |
| 16 |
$1,126,476.00 |
-$377,127.00 |
-$0.00 |
$749,349.00 |
| 17 |
$1,182,780.00 |
-$397,959.00 |
-$0.00 |
$784,821.00 |
| 18 |
$1,241,928.00 |
-$419,844.00 |
-$0.00 |
$822,084.00 |
| 19 |
$1,304,028.00 |
-$442,821.00 |
-$0.00 |
$861,207.00 |
| 20 |
$1,369,224.00 |
-$466,943.00 |
-$0.00 |
$902,281.00 |
| 21 |
$1,437,696.00 |
-$492,278.00 |
-$0.00 |
$945,418.00 |
| 22 |
$1,509,588.00 |
-$518,878.00 |
-$0.00 |
$990,710.00 |
| 23 |
$1,585,044.00 |
-$546,797.00 |
-$0.00 |
$1,038,247.00 |
| 24 |
$1,664,316.00 |
-$576,127.00 |
-$0.00 |
$1,088,189.00 |
| 25 |
$1,747,512.00 |
-$606,910.00 |
-$0.00 |
$1,140,602.00 |
| 26 |
$1,834,920.00 |
-$639,251.00 |
-$0.00 |
$1,195,669.00 |
| 27 |
$1,926,648.00 |
-$673,190.00 |
-$0.00 |
$1,253,458.00 |
| 28 |
$2,022,984.00 |
-$708,834.00 |
-$0.00 |
$1,314,150.00 |
| 29 |
$2,124,144.00 |
-$746,264.00 |
-$0.00 |
$1,377,880.00 |
| 30 |
$2,230,344.00 |
-$785,558.00 |
-$0.00 |
$1,444,786.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$36,000,000.00 |
-$13,320,000.00 |
-$0.00 |
$22,680,000.00 |
|
