| Cash Option ($156.1 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $156,100,000.00 |
-$57,717,330.00 |
-$0.00 |
$98,382,670.00 |
| Annuity ($346 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$5,207,646.00 |
-$1,887,159.00 |
-$0.00 |
$3,320,487.00 |
| 2 |
$5,468,184.00 |
-$1,983,558.00 |
-$0.00 |
$3,484,626.00 |
| 3 |
$5,741,524.00 |
-$2,084,694.00 |
-$0.00 |
$3,656,830.00 |
| 4 |
$6,028,704.00 |
-$2,190,951.00 |
-$0.00 |
$3,837,753.00 |
| 5 |
$6,330,070.00 |
-$2,302,456.00 |
-$0.00 |
$4,027,614.00 |
| 6 |
$6,646,660.00 |
-$2,419,595.00 |
-$0.00 |
$4,227,065.00 |
| 7 |
$6,978,820.00 |
-$2,542,494.00 |
-$0.00 |
$4,436,326.00 |
| 8 |
$7,327,934.00 |
-$2,671,666.00 |
-$0.00 |
$4,656,268.00 |
| 9 |
$7,694,348.00 |
-$2,807,239.00 |
-$0.00 |
$4,887,109.00 |
| 10 |
$8,079,100.00 |
-$2,949,597.00 |
-$0.00 |
$5,129,503.00 |
| 11 |
$8,482,882.00 |
-$3,098,997.00 |
-$0.00 |
$5,383,885.00 |
| 12 |
$8,907,078.00 |
-$3,255,949.00 |
-$0.00 |
$5,651,129.00 |
| 13 |
$9,352,380.00 |
-$3,420,711.00 |
-$0.00 |
$5,931,669.00 |
| 14 |
$9,820,172.00 |
-$3,593,794.00 |
-$0.00 |
$6,226,378.00 |
| 15 |
$10,311,146.00 |
-$3,775,454.00 |
-$0.00 |
$6,535,692.00 |
| 16 |
$10,826,686.00 |
-$3,966,204.00 |
-$0.00 |
$6,860,482.00 |
| 17 |
$11,367,830.00 |
-$4,166,427.00 |
-$0.00 |
$7,201,403.00 |
| 18 |
$11,936,308.00 |
-$4,376,764.00 |
-$0.00 |
$7,559,544.00 |
| 19 |
$12,533,158.00 |
-$4,597,599.00 |
-$0.00 |
$7,935,559.00 |
| 20 |
$13,159,764.00 |
-$4,829,443.00 |
-$0.00 |
$8,330,321.00 |
| 21 |
$13,817,856.00 |
-$5,072,937.00 |
-$0.00 |
$8,744,919.00 |
| 22 |
$14,508,818.00 |
-$5,328,593.00 |
-$0.00 |
$9,180,225.00 |
| 23 |
$15,234,034.00 |
-$5,596,923.00 |
-$0.00 |
$9,637,111.00 |
| 24 |
$15,995,926.00 |
-$5,878,823.00 |
-$0.00 |
$10,117,103.00 |
| 25 |
$16,795,532.00 |
-$6,174,677.00 |
-$0.00 |
$10,620,855.00 |
| 26 |
$17,635,620.00 |
-$6,485,510.00 |
-$0.00 |
$11,150,110.00 |
| 27 |
$18,517,228.00 |
-$6,811,705.00 |
-$0.00 |
$11,705,523.00 |
| 28 |
$19,443,124.00 |
-$7,154,286.00 |
-$0.00 |
$12,288,838.00 |
| 29 |
$20,415,384.00 |
-$7,514,022.00 |
-$0.00 |
$12,901,362.00 |
| 30 |
$21,436,084.00 |
-$7,891,681.00 |
-$0.00 |
$13,544,403.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$346,000,000.00 |
-$128,020,000.00 |
-$0.00 |
$217,980,000.00 |
|
