| Cash Option ($148 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $148,000,000.00 |
-$54,720,330.00 |
-$0.00 |
$93,279,670.00 |
| Annuity ($327 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$4,921,677.00 |
-$1,781,351.00 |
-$0.00 |
$3,140,326.00 |
| 2 |
$5,167,908.00 |
-$1,872,456.00 |
-$0.00 |
$3,295,452.00 |
| 3 |
$5,426,238.00 |
-$1,968,038.00 |
-$0.00 |
$3,458,200.00 |
| 4 |
$5,697,648.00 |
-$2,068,460.00 |
-$0.00 |
$3,629,188.00 |
| 5 |
$5,982,465.00 |
-$2,173,842.00 |
-$0.00 |
$3,808,623.00 |
| 6 |
$6,281,670.00 |
-$2,284,548.00 |
-$0.00 |
$3,997,122.00 |
| 7 |
$6,595,590.00 |
-$2,400,699.00 |
-$0.00 |
$4,194,891.00 |
| 8 |
$6,925,533.00 |
-$2,522,778.00 |
-$0.00 |
$4,402,755.00 |
| 9 |
$7,271,826.00 |
-$2,650,906.00 |
-$0.00 |
$4,620,920.00 |
| 10 |
$7,635,450.00 |
-$2,785,447.00 |
-$0.00 |
$4,850,003.00 |
| 11 |
$8,017,059.00 |
-$2,926,642.00 |
-$0.00 |
$5,090,417.00 |
| 12 |
$8,417,961.00 |
-$3,074,976.00 |
-$0.00 |
$5,342,985.00 |
| 13 |
$8,838,810.00 |
-$3,230,690.00 |
-$0.00 |
$5,608,120.00 |
| 14 |
$9,280,914.00 |
-$3,394,269.00 |
-$0.00 |
$5,886,645.00 |
| 15 |
$9,744,927.00 |
-$3,565,953.00 |
-$0.00 |
$6,178,974.00 |
| 16 |
$10,232,157.00 |
-$3,746,228.00 |
-$0.00 |
$6,485,929.00 |
| 17 |
$10,743,585.00 |
-$3,935,457.00 |
-$0.00 |
$6,808,128.00 |
| 18 |
$11,280,846.00 |
-$4,134,243.00 |
-$0.00 |
$7,146,603.00 |
| 19 |
$11,844,921.00 |
-$4,342,951.00 |
-$0.00 |
$7,501,970.00 |
| 20 |
$12,437,118.00 |
-$4,562,064.00 |
-$0.00 |
$7,875,054.00 |
| 21 |
$13,059,072.00 |
-$4,792,187.00 |
-$0.00 |
$8,266,885.00 |
| 22 |
$13,712,091.00 |
-$5,033,804.00 |
-$0.00 |
$8,678,287.00 |
| 23 |
$14,397,483.00 |
-$5,287,399.00 |
-$0.00 |
$9,110,084.00 |
| 24 |
$15,117,537.00 |
-$5,553,819.00 |
-$0.00 |
$9,563,718.00 |
| 25 |
$15,873,234.00 |
-$5,833,427.00 |
-$0.00 |
$10,039,807.00 |
| 26 |
$16,667,190.00 |
-$6,127,191.00 |
-$0.00 |
$10,539,999.00 |
| 27 |
$17,500,386.00 |
-$6,435,473.00 |
-$0.00 |
$11,064,913.00 |
| 28 |
$18,375,438.00 |
-$6,759,242.00 |
-$0.00 |
$11,616,196.00 |
| 29 |
$19,294,308.00 |
-$7,099,224.00 |
-$0.00 |
$12,195,084.00 |
| 30 |
$20,258,958.00 |
-$7,456,145.00 |
-$0.00 |
$12,802,813.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$327,000,000.00 |
-$120,990,000.00 |
-$0.00 |
$206,010,000.00 |
|
