| Cash Option ($34.8 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $34,800,000.00 |
-$12,836,330.00 |
-$0.00 |
$21,963,670.00 |
| Annuity ($81 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$1,219,131.00 |
-$411,409.00 |
-$0.00 |
$807,722.00 |
| 2 |
$1,280,124.00 |
-$433,976.00 |
-$0.00 |
$846,148.00 |
| 3 |
$1,344,114.00 |
-$457,653.00 |
-$0.00 |
$886,461.00 |
| 4 |
$1,411,344.00 |
-$482,528.00 |
-$0.00 |
$928,816.00 |
| 5 |
$1,481,895.00 |
-$508,632.00 |
-$0.00 |
$973,263.00 |
| 6 |
$1,556,010.00 |
-$536,054.00 |
-$0.00 |
$1,019,956.00 |
| 7 |
$1,633,770.00 |
-$564,825.00 |
-$0.00 |
$1,068,945.00 |
| 8 |
$1,715,499.00 |
-$595,065.00 |
-$0.00 |
$1,120,434.00 |
| 9 |
$1,801,278.00 |
-$626,803.00 |
-$0.00 |
$1,174,475.00 |
| 10 |
$1,891,350.00 |
-$660,130.00 |
-$0.00 |
$1,231,220.00 |
| 11 |
$1,985,877.00 |
-$695,105.00 |
-$0.00 |
$1,290,772.00 |
| 12 |
$2,085,183.00 |
-$731,848.00 |
-$0.00 |
$1,353,335.00 |
| 13 |
$2,189,430.00 |
-$770,419.00 |
-$0.00 |
$1,419,011.00 |
| 14 |
$2,298,942.00 |
-$810,939.00 |
-$0.00 |
$1,488,003.00 |
| 15 |
$2,413,881.00 |
-$853,466.00 |
-$0.00 |
$1,560,415.00 |
| 16 |
$2,534,571.00 |
-$898,122.00 |
-$0.00 |
$1,636,449.00 |
| 17 |
$2,661,255.00 |
-$944,995.00 |
-$0.00 |
$1,716,260.00 |
| 18 |
$2,794,338.00 |
-$994,235.00 |
-$0.00 |
$1,800,103.00 |
| 19 |
$2,934,063.00 |
-$1,045,934.00 |
-$0.00 |
$1,888,129.00 |
| 20 |
$3,080,754.00 |
-$1,100,209.00 |
-$0.00 |
$1,980,545.00 |
| 21 |
$3,234,816.00 |
-$1,157,212.00 |
-$0.00 |
$2,077,604.00 |
| 22 |
$3,396,573.00 |
-$1,217,062.00 |
-$0.00 |
$2,179,511.00 |
| 23 |
$3,566,349.00 |
-$1,279,880.00 |
-$0.00 |
$2,286,469.00 |
| 24 |
$3,744,711.00 |
-$1,345,873.00 |
-$0.00 |
$2,398,838.00 |
| 25 |
$3,931,902.00 |
-$1,415,134.00 |
-$0.00 |
$2,516,768.00 |
| 26 |
$4,128,570.00 |
-$1,487,901.00 |
-$0.00 |
$2,640,669.00 |
| 27 |
$4,334,958.00 |
-$1,564,265.00 |
-$0.00 |
$2,770,693.00 |
| 28 |
$4,551,714.00 |
-$1,644,465.00 |
-$0.00 |
$2,907,249.00 |
| 29 |
$4,779,324.00 |
-$1,728,680.00 |
-$0.00 |
$3,050,644.00 |
| 30 |
$5,018,274.00 |
-$1,817,092.00 |
-$0.00 |
$3,201,182.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$81,000,000.00 |
-$29,970,000.00 |
-$0.00 |
$51,030,000.00 |
|
