| Cash Option ($53.9 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $53,900,000.00 |
-$19,903,330.00 |
-$0.00 |
$33,996,670.00 |
| Annuity ($118 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$1,776,018.00 |
-$617,457.00 |
-$0.00 |
$1,158,561.00 |
| 2 |
$1,864,872.00 |
-$650,333.00 |
-$0.00 |
$1,214,539.00 |
| 3 |
$1,958,092.00 |
-$684,824.00 |
-$0.00 |
$1,273,268.00 |
| 4 |
$2,056,032.00 |
-$721,062.00 |
-$0.00 |
$1,334,970.00 |
| 5 |
$2,158,810.00 |
-$759,090.00 |
-$0.00 |
$1,399,720.00 |
| 6 |
$2,266,780.00 |
-$799,039.00 |
-$0.00 |
$1,467,741.00 |
| 7 |
$2,380,060.00 |
-$840,953.00 |
-$0.00 |
$1,539,107.00 |
| 8 |
$2,499,122.00 |
-$885,006.00 |
-$0.00 |
$1,614,116.00 |
| 9 |
$2,624,084.00 |
-$931,241.00 |
-$0.00 |
$1,692,843.00 |
| 10 |
$2,755,300.00 |
-$979,791.00 |
-$0.00 |
$1,775,509.00 |
| 11 |
$2,893,006.00 |
-$1,030,743.00 |
-$0.00 |
$1,862,263.00 |
| 12 |
$3,037,674.00 |
-$1,084,270.00 |
-$0.00 |
$1,953,404.00 |
| 13 |
$3,189,540.00 |
-$1,140,460.00 |
-$0.00 |
$2,049,080.00 |
| 14 |
$3,349,076.00 |
-$1,199,489.00 |
-$0.00 |
$2,149,587.00 |
| 15 |
$3,516,518.00 |
-$1,261,442.00 |
-$0.00 |
$2,255,076.00 |
| 16 |
$3,692,338.00 |
-$1,326,495.00 |
-$0.00 |
$2,365,843.00 |
| 17 |
$3,876,890.00 |
-$1,394,780.00 |
-$0.00 |
$2,482,110.00 |
| 18 |
$4,070,764.00 |
-$1,466,513.00 |
-$0.00 |
$2,604,251.00 |
| 19 |
$4,274,314.00 |
-$1,541,827.00 |
-$0.00 |
$2,732,487.00 |
| 20 |
$4,488,012.00 |
-$1,620,895.00 |
-$0.00 |
$2,867,117.00 |
| 21 |
$4,712,448.00 |
-$1,703,936.00 |
-$0.00 |
$3,008,512.00 |
| 22 |
$4,948,094.00 |
-$1,791,125.00 |
-$0.00 |
$3,156,969.00 |
| 23 |
$5,195,422.00 |
-$1,882,637.00 |
-$0.00 |
$3,312,785.00 |
| 24 |
$5,455,258.00 |
-$1,978,776.00 |
-$0.00 |
$3,476,482.00 |
| 25 |
$5,727,956.00 |
-$2,079,674.00 |
-$0.00 |
$3,648,282.00 |
| 26 |
$6,014,460.00 |
-$2,185,681.00 |
-$0.00 |
$3,828,779.00 |
| 27 |
$6,315,124.00 |
-$2,296,926.00 |
-$0.00 |
$4,018,198.00 |
| 28 |
$6,630,892.00 |
-$2,413,760.00 |
-$0.00 |
$4,217,132.00 |
| 29 |
$6,962,472.00 |
-$2,536,445.00 |
-$0.00 |
$4,426,027.00 |
| 30 |
$7,310,572.00 |
-$2,665,242.00 |
-$0.00 |
$4,645,330.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$118,000,000.00 |
-$43,660,000.00 |
-$0.00 |
$74,340,000.00 |
|
