| Cash Option ($41.2 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $41,200,000.00 |
-$15,204,330.00 |
-$0.00 |
$25,995,670.00 |
| Annuity ($96 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$1,444,896.00 |
-$494,942.00 |
-$0.00 |
$949,954.00 |
| 2 |
$1,517,184.00 |
-$521,688.00 |
-$0.00 |
$995,496.00 |
| 3 |
$1,593,024.00 |
-$549,749.00 |
-$0.00 |
$1,043,275.00 |
| 4 |
$1,672,704.00 |
-$579,231.00 |
-$0.00 |
$1,093,473.00 |
| 5 |
$1,756,320.00 |
-$610,169.00 |
-$0.00 |
$1,146,151.00 |
| 6 |
$1,844,160.00 |
-$642,670.00 |
-$0.00 |
$1,201,490.00 |
| 7 |
$1,936,320.00 |
-$676,769.00 |
-$0.00 |
$1,259,551.00 |
| 8 |
$2,033,184.00 |
-$712,608.00 |
-$0.00 |
$1,320,576.00 |
| 9 |
$2,134,848.00 |
-$750,224.00 |
-$0.00 |
$1,384,624.00 |
| 10 |
$2,241,600.00 |
-$789,722.00 |
-$0.00 |
$1,451,878.00 |
| 11 |
$2,353,632.00 |
-$831,174.00 |
-$0.00 |
$1,522,458.00 |
| 12 |
$2,471,328.00 |
-$874,722.00 |
-$0.00 |
$1,596,606.00 |
| 13 |
$2,594,880.00 |
-$920,436.00 |
-$0.00 |
$1,674,444.00 |
| 14 |
$2,724,672.00 |
-$968,459.00 |
-$0.00 |
$1,756,213.00 |
| 15 |
$2,860,896.00 |
-$1,018,862.00 |
-$0.00 |
$1,842,034.00 |
| 16 |
$3,003,936.00 |
-$1,071,787.00 |
-$0.00 |
$1,932,149.00 |
| 17 |
$3,154,080.00 |
-$1,127,340.00 |
-$0.00 |
$2,026,740.00 |
| 18 |
$3,311,808.00 |
-$1,185,699.00 |
-$0.00 |
$2,126,109.00 |
| 19 |
$3,477,408.00 |
-$1,246,971.00 |
-$0.00 |
$2,230,437.00 |
| 20 |
$3,651,264.00 |
-$1,311,298.00 |
-$0.00 |
$2,339,966.00 |
| 21 |
$3,833,856.00 |
-$1,378,857.00 |
-$0.00 |
$2,454,999.00 |
| 22 |
$4,025,568.00 |
-$1,449,791.00 |
-$0.00 |
$2,575,777.00 |
| 23 |
$4,226,784.00 |
-$1,524,240.00 |
-$0.00 |
$2,702,544.00 |
| 24 |
$4,438,176.00 |
-$1,602,456.00 |
-$0.00 |
$2,835,720.00 |
| 25 |
$4,660,032.00 |
-$1,684,542.00 |
-$0.00 |
$2,975,490.00 |
| 26 |
$4,893,120.00 |
-$1,770,785.00 |
-$0.00 |
$3,122,335.00 |
| 27 |
$5,137,728.00 |
-$1,861,290.00 |
-$0.00 |
$3,276,438.00 |
| 28 |
$5,394,624.00 |
-$1,956,341.00 |
-$0.00 |
$3,438,283.00 |
| 29 |
$5,664,384.00 |
-$2,056,152.00 |
-$0.00 |
$3,608,232.00 |
| 30 |
$5,947,584.00 |
-$2,160,936.00 |
-$0.00 |
$3,786,648.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$96,000,000.00 |
-$35,520,000.00 |
-$0.00 |
$60,480,000.00 |
|
