| Cash Option ($20.3 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $20,300,000.00 |
-$7,471,330.00 |
-$0.00 |
$12,828,670.00 |
| Annuity ($44 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$662,244.00 |
-$205,361.00 |
-$0.00 |
$456,883.00 |
| 2 |
$695,376.00 |
-$217,620.00 |
-$0.00 |
$477,756.00 |
| 3 |
$730,136.00 |
-$230,481.00 |
-$0.00 |
$499,655.00 |
| 4 |
$766,656.00 |
-$243,993.00 |
-$0.00 |
$522,663.00 |
| 5 |
$804,980.00 |
-$258,173.00 |
-$0.00 |
$546,807.00 |
| 6 |
$845,240.00 |
-$273,069.00 |
-$0.00 |
$572,171.00 |
| 7 |
$887,480.00 |
-$288,698.00 |
-$0.00 |
$598,782.00 |
| 8 |
$931,876.00 |
-$305,125.00 |
-$0.00 |
$626,751.00 |
| 9 |
$978,472.00 |
-$322,365.00 |
-$0.00 |
$656,107.00 |
| 10 |
$1,027,400.00 |
-$340,468.00 |
-$0.00 |
$686,932.00 |
| 11 |
$1,078,748.00 |
-$359,467.00 |
-$0.00 |
$719,281.00 |
| 12 |
$1,132,692.00 |
-$379,426.00 |
-$0.00 |
$753,266.00 |
| 13 |
$1,189,320.00 |
-$400,379.00 |
-$0.00 |
$788,941.00 |
| 14 |
$1,248,808.00 |
-$422,389.00 |
-$0.00 |
$826,419.00 |
| 15 |
$1,311,244.00 |
-$445,491.00 |
-$0.00 |
$865,753.00 |
| 16 |
$1,376,804.00 |
-$469,748.00 |
-$0.00 |
$907,056.00 |
| 17 |
$1,445,620.00 |
-$495,210.00 |
-$0.00 |
$950,410.00 |
| 18 |
$1,517,912.00 |
-$521,958.00 |
-$0.00 |
$995,954.00 |
| 19 |
$1,593,812.00 |
-$550,041.00 |
-$0.00 |
$1,043,771.00 |
| 20 |
$1,673,496.00 |
-$579,524.00 |
-$0.00 |
$1,093,972.00 |
| 21 |
$1,757,184.00 |
-$610,488.00 |
-$0.00 |
$1,146,696.00 |
| 22 |
$1,845,052.00 |
-$643,000.00 |
-$0.00 |
$1,202,052.00 |
| 23 |
$1,937,276.00 |
-$677,123.00 |
-$0.00 |
$1,260,153.00 |
| 24 |
$2,034,164.00 |
-$712,971.00 |
-$0.00 |
$1,321,193.00 |
| 25 |
$2,135,848.00 |
-$750,594.00 |
-$0.00 |
$1,385,254.00 |
| 26 |
$2,242,680.00 |
-$790,122.00 |
-$0.00 |
$1,452,558.00 |
| 27 |
$2,354,792.00 |
-$831,603.00 |
-$0.00 |
$1,523,189.00 |
| 28 |
$2,472,536.00 |
-$875,169.00 |
-$0.00 |
$1,597,367.00 |
| 29 |
$2,596,176.00 |
-$920,916.00 |
-$0.00 |
$1,675,260.00 |
| 30 |
$2,725,976.00 |
-$968,942.00 |
-$0.00 |
$1,757,034.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$44,000,000.00 |
-$16,280,000.00 |
-$0.00 |
$27,720,000.00 |
|
