| Cash Option ($184.9 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $184,900,000.00 |
-$68,373,330.00 |
-$0.00 |
$116,526,670.00 |
| Annuity ($410 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$6,170,910.00 |
-$2,243,567.00 |
-$0.00 |
$3,927,343.00 |
| 2 |
$6,479,640.00 |
-$2,357,797.00 |
-$0.00 |
$4,121,843.00 |
| 3 |
$6,803,540.00 |
-$2,477,640.00 |
-$0.00 |
$4,325,900.00 |
| 4 |
$7,143,840.00 |
-$2,603,551.00 |
-$0.00 |
$4,540,289.00 |
| 5 |
$7,500,950.00 |
-$2,735,682.00 |
-$0.00 |
$4,765,268.00 |
| 6 |
$7,876,100.00 |
-$2,874,487.00 |
-$0.00 |
$5,001,613.00 |
| 7 |
$8,269,700.00 |
-$3,020,119.00 |
-$0.00 |
$5,249,581.00 |
| 8 |
$8,683,390.00 |
-$3,173,185.00 |
-$0.00 |
$5,510,205.00 |
| 9 |
$9,117,580.00 |
-$3,333,835.00 |
-$0.00 |
$5,783,745.00 |
| 10 |
$9,573,500.00 |
-$3,502,525.00 |
-$0.00 |
$6,070,975.00 |
| 11 |
$10,051,970.00 |
-$3,679,559.00 |
-$0.00 |
$6,372,411.00 |
| 12 |
$10,554,630.00 |
-$3,865,543.00 |
-$0.00 |
$6,689,087.00 |
| 13 |
$11,082,300.00 |
-$4,060,781.00 |
-$0.00 |
$7,021,519.00 |
| 14 |
$11,636,620.00 |
-$4,265,880.00 |
-$0.00 |
$7,370,740.00 |
| 15 |
$12,218,410.00 |
-$4,481,142.00 |
-$0.00 |
$7,737,268.00 |
| 16 |
$12,829,310.00 |
-$4,707,175.00 |
-$0.00 |
$8,122,135.00 |
| 17 |
$13,470,550.00 |
-$4,944,434.00 |
-$0.00 |
$8,526,116.00 |
| 18 |
$14,144,180.00 |
-$5,193,677.00 |
-$0.00 |
$8,950,503.00 |
| 19 |
$14,851,430.00 |
-$5,455,359.00 |
-$0.00 |
$9,396,071.00 |
| 20 |
$15,593,940.00 |
-$5,730,088.00 |
-$0.00 |
$9,863,852.00 |
| 21 |
$16,373,760.00 |
-$6,018,622.00 |
-$0.00 |
$10,355,138.00 |
| 22 |
$17,192,530.00 |
-$6,321,566.00 |
-$0.00 |
$10,870,964.00 |
| 23 |
$18,051,890.00 |
-$6,639,530.00 |
-$0.00 |
$11,412,360.00 |
| 24 |
$18,954,710.00 |
-$6,973,573.00 |
-$0.00 |
$11,981,137.00 |
| 25 |
$19,902,220.00 |
-$7,324,152.00 |
-$0.00 |
$12,578,068.00 |
| 26 |
$20,897,700.00 |
-$7,692,479.00 |
-$0.00 |
$13,205,221.00 |
| 27 |
$21,942,380.00 |
-$8,079,011.00 |
-$0.00 |
$13,863,369.00 |
| 28 |
$23,039,540.00 |
-$8,484,960.00 |
-$0.00 |
$14,554,580.00 |
| 29 |
$24,191,640.00 |
-$8,911,237.00 |
-$0.00 |
$15,280,403.00 |
| 30 |
$25,401,140.00 |
-$9,358,752.00 |
-$0.00 |
$16,042,388.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$410,000,000.00 |
-$151,700,000.00 |
-$0.00 |
$258,300,000.00 |
|
