| Cash Option ($136 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $136,000,000.00 |
-$50,280,330.00 |
-$0.00 |
$85,719,670.00 |
| Annuity ($302 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$4,545,402.00 |
-$1,642,129.00 |
-$0.00 |
$2,903,273.00 |
| 2 |
$4,772,808.00 |
-$1,726,269.00 |
-$0.00 |
$3,046,539.00 |
| 3 |
$5,011,388.00 |
-$1,814,544.00 |
-$0.00 |
$3,196,844.00 |
| 4 |
$5,262,048.00 |
-$1,907,288.00 |
-$0.00 |
$3,354,760.00 |
| 5 |
$5,525,090.00 |
-$2,004,614.00 |
-$0.00 |
$3,520,476.00 |
| 6 |
$5,801,420.00 |
-$2,106,856.00 |
-$0.00 |
$3,694,564.00 |
| 7 |
$6,091,340.00 |
-$2,214,126.00 |
-$0.00 |
$3,877,214.00 |
| 8 |
$6,396,058.00 |
-$2,326,872.00 |
-$0.00 |
$4,069,186.00 |
| 9 |
$6,715,876.00 |
-$2,445,205.00 |
-$0.00 |
$4,270,671.00 |
| 10 |
$7,051,700.00 |
-$2,569,459.00 |
-$0.00 |
$4,482,241.00 |
| 11 |
$7,404,134.00 |
-$2,699,860.00 |
-$0.00 |
$4,704,274.00 |
| 12 |
$7,774,386.00 |
-$2,836,853.00 |
-$0.00 |
$4,937,533.00 |
| 13 |
$8,163,060.00 |
-$2,980,663.00 |
-$0.00 |
$5,182,397.00 |
| 14 |
$8,571,364.00 |
-$3,131,735.00 |
-$0.00 |
$5,439,629.00 |
| 15 |
$8,999,902.00 |
-$3,290,294.00 |
-$0.00 |
$5,709,608.00 |
| 16 |
$9,449,882.00 |
-$3,456,787.00 |
-$0.00 |
$5,993,095.00 |
| 17 |
$9,922,210.00 |
-$3,631,548.00 |
-$0.00 |
$6,290,662.00 |
| 18 |
$10,418,396.00 |
-$3,815,137.00 |
-$0.00 |
$6,603,259.00 |
| 19 |
$10,939,346.00 |
-$4,007,888.00 |
-$0.00 |
$6,931,458.00 |
| 20 |
$11,486,268.00 |
-$4,210,250.00 |
-$0.00 |
$7,276,018.00 |
| 21 |
$12,060,672.00 |
-$4,422,779.00 |
-$0.00 |
$7,637,893.00 |
| 22 |
$12,663,766.00 |
-$4,645,924.00 |
-$0.00 |
$8,017,842.00 |
| 23 |
$13,296,758.00 |
-$4,880,131.00 |
-$0.00 |
$8,416,627.00 |
| 24 |
$13,961,762.00 |
-$5,126,182.00 |
-$0.00 |
$8,835,580.00 |
| 25 |
$14,659,684.00 |
-$5,384,413.00 |
-$0.00 |
$9,275,271.00 |
| 26 |
$15,392,940.00 |
-$5,655,718.00 |
-$0.00 |
$9,737,222.00 |
| 27 |
$16,162,436.00 |
-$5,940,432.00 |
-$0.00 |
$10,222,004.00 |
| 28 |
$16,970,588.00 |
-$6,239,448.00 |
-$0.00 |
$10,731,140.00 |
| 29 |
$17,819,208.00 |
-$6,553,437.00 |
-$0.00 |
$11,265,771.00 |
| 30 |
$18,710,108.00 |
-$6,883,070.00 |
-$0.00 |
$11,827,038.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$302,000,000.00 |
-$111,740,000.00 |
-$0.00 |
$190,260,000.00 |
|
