| Cash Option ($186.5 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $186,500,000.00 |
-$68,965,330.00 |
-$0.00 |
$117,534,670.00 |
| Annuity ($443 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$6,667,593.00 |
-$2,427,340.00 |
-$0.00 |
$4,240,253.00 |
| 2 |
$7,001,172.00 |
-$2,550,764.00 |
-$0.00 |
$4,450,408.00 |
| 3 |
$7,351,142.00 |
-$2,680,253.00 |
-$0.00 |
$4,670,889.00 |
| 4 |
$7,718,832.00 |
-$2,816,298.00 |
-$0.00 |
$4,902,534.00 |
| 5 |
$8,104,685.00 |
-$2,959,064.00 |
-$0.00 |
$5,145,621.00 |
| 6 |
$8,510,030.00 |
-$3,109,041.00 |
-$0.00 |
$5,400,989.00 |
| 7 |
$8,935,310.00 |
-$3,266,395.00 |
-$0.00 |
$5,668,915.00 |
| 8 |
$9,382,297.00 |
-$3,431,780.00 |
-$0.00 |
$5,950,517.00 |
| 9 |
$9,851,434.00 |
-$3,605,361.00 |
-$0.00 |
$6,246,073.00 |
| 10 |
$10,344,050.00 |
-$3,787,629.00 |
-$0.00 |
$6,556,421.00 |
| 11 |
$10,861,031.00 |
-$3,978,912.00 |
-$0.00 |
$6,882,119.00 |
| 12 |
$11,404,149.00 |
-$4,179,866.00 |
-$0.00 |
$7,224,283.00 |
| 13 |
$11,974,290.00 |
-$4,390,818.00 |
-$0.00 |
$7,583,472.00 |
| 14 |
$12,573,226.00 |
-$4,612,424.00 |
-$0.00 |
$7,960,802.00 |
| 15 |
$13,201,843.00 |
-$4,845,012.00 |
-$0.00 |
$8,356,831.00 |
| 16 |
$13,861,913.00 |
-$5,089,238.00 |
-$0.00 |
$8,772,675.00 |
| 17 |
$14,554,765.00 |
-$5,345,593.00 |
-$0.00 |
$9,209,172.00 |
| 18 |
$15,282,614.00 |
-$5,614,898.00 |
-$0.00 |
$9,667,716.00 |
| 19 |
$16,046,789.00 |
-$5,897,642.00 |
-$0.00 |
$10,149,147.00 |
| 20 |
$16,849,062.00 |
-$6,194,483.00 |
-$0.00 |
$10,654,579.00 |
| 21 |
$17,691,648.00 |
-$6,506,240.00 |
-$0.00 |
$11,185,408.00 |
| 22 |
$18,576,319.00 |
-$6,833,568.00 |
-$0.00 |
$11,742,751.00 |
| 23 |
$19,504,847.00 |
-$7,177,124.00 |
-$0.00 |
$12,327,723.00 |
| 24 |
$20,480,333.00 |
-$7,538,054.00 |
-$0.00 |
$12,942,279.00 |
| 25 |
$21,504,106.00 |
-$7,916,850.00 |
-$0.00 |
$13,587,256.00 |
| 26 |
$22,579,710.00 |
-$8,314,823.00 |
-$0.00 |
$14,264,887.00 |
| 27 |
$23,708,474.00 |
-$8,732,466.00 |
-$0.00 |
$14,976,008.00 |
| 28 |
$24,893,942.00 |
-$9,171,089.00 |
-$0.00 |
$15,722,853.00 |
| 29 |
$26,138,772.00 |
-$9,631,676.00 |
-$0.00 |
$16,507,096.00 |
| 30 |
$27,445,622.00 |
-$10,115,211.00 |
-$0.00 |
$17,330,411.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$443,000,000.00 |
-$163,910,000.00 |
-$0.00 |
$279,090,000.00 |
|
