| Cash Option ($67.9 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $67,900,000.00 |
-$25,083,330.00 |
-$0.00 |
$42,816,670.00 |
| Annuity ($150 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$2,257,650.00 |
-$795,661.00 |
-$0.00 |
$1,461,989.00 |
| 2 |
$2,370,600.00 |
-$837,452.00 |
-$0.00 |
$1,533,148.00 |
| 3 |
$2,489,100.00 |
-$881,297.00 |
-$0.00 |
$1,607,803.00 |
| 4 |
$2,613,600.00 |
-$927,362.00 |
-$0.00 |
$1,686,238.00 |
| 5 |
$2,744,250.00 |
-$975,703.00 |
-$0.00 |
$1,768,547.00 |
| 6 |
$2,881,500.00 |
-$1,026,485.00 |
-$0.00 |
$1,855,015.00 |
| 7 |
$3,025,500.00 |
-$1,079,765.00 |
-$0.00 |
$1,945,735.00 |
| 8 |
$3,176,850.00 |
-$1,135,765.00 |
-$0.00 |
$2,041,085.00 |
| 9 |
$3,335,700.00 |
-$1,194,539.00 |
-$0.00 |
$2,141,161.00 |
| 10 |
$3,502,500.00 |
-$1,256,255.00 |
-$0.00 |
$2,246,245.00 |
| 11 |
$3,677,550.00 |
-$1,321,024.00 |
-$0.00 |
$2,356,526.00 |
| 12 |
$3,861,450.00 |
-$1,389,067.00 |
-$0.00 |
$2,472,383.00 |
| 13 |
$4,054,500.00 |
-$1,460,495.00 |
-$0.00 |
$2,594,005.00 |
| 14 |
$4,257,300.00 |
-$1,535,531.00 |
-$0.00 |
$2,721,769.00 |
| 15 |
$4,470,150.00 |
-$1,614,286.00 |
-$0.00 |
$2,855,864.00 |
| 16 |
$4,693,650.00 |
-$1,696,981.00 |
-$0.00 |
$2,996,669.00 |
| 17 |
$4,928,250.00 |
-$1,783,783.00 |
-$0.00 |
$3,144,467.00 |
| 18 |
$5,174,700.00 |
-$1,874,969.00 |
-$0.00 |
$3,299,731.00 |
| 19 |
$5,433,450.00 |
-$1,970,707.00 |
-$0.00 |
$3,462,743.00 |
| 20 |
$5,705,100.00 |
-$2,071,217.00 |
-$0.00 |
$3,633,883.00 |
| 21 |
$5,990,400.00 |
-$2,176,778.00 |
-$0.00 |
$3,813,622.00 |
| 22 |
$6,289,950.00 |
-$2,287,612.00 |
-$0.00 |
$4,002,338.00 |
| 23 |
$6,604,350.00 |
-$2,403,940.00 |
-$0.00 |
$4,200,410.00 |
| 24 |
$6,934,650.00 |
-$2,526,151.00 |
-$0.00 |
$4,408,499.00 |
| 25 |
$7,281,300.00 |
-$2,654,411.00 |
-$0.00 |
$4,626,889.00 |
| 26 |
$7,645,500.00 |
-$2,789,165.00 |
-$0.00 |
$4,856,335.00 |
| 27 |
$8,027,700.00 |
-$2,930,579.00 |
-$0.00 |
$5,097,121.00 |
| 28 |
$8,429,100.00 |
-$3,079,097.00 |
-$0.00 |
$5,350,003.00 |
| 29 |
$8,850,600.00 |
-$3,235,052.00 |
-$0.00 |
$5,615,548.00 |
| 30 |
$9,293,100.00 |
-$3,398,777.00 |
-$0.00 |
$5,894,323.00 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$150,000,000.00 |
-$55,500,000.00 |
-$0.00 |
$94,500,000.00 |
|
