| Cash Option ($15.4 Million) |
Gross
Cash Payment |
25% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $15,400,000.00 |
-$3,850,000.00 |
-$0.00 |
$11,550,000.00 |
| Annuity ($22 Million in 30 Annual Payments) |
| Yr |
Annual Gross Payment |
25% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$330,000.00 |
-$82,500.00 |
-$0.00 |
$247,500.00 |
| 2 |
$346,565.77 |
-$86,641.44 |
-$0.00 |
$259,924.32 |
| 3 |
$363,963.12 |
-$90,990.78 |
-$0.00 |
$272,972.34 |
| 4 |
$382,233.81 |
-$95,558.45 |
-$0.00 |
$286,675.36 |
| 5 |
$401,421.68 |
-$100,355.42 |
-$0.00 |
$301,066.26 |
| 6 |
$421,572.76 |
-$105,393.19 |
-$0.00 |
$316,179.57 |
| 7 |
$442,735.41 |
-$110,683.85 |
-$0.00 |
$332,051.56 |
| 8 |
$464,960.41 |
-$116,240.10 |
-$0.00 |
$348,720.31 |
| 9 |
$488,301.10 |
-$122,075.27 |
-$0.00 |
$366,225.82 |
| 10 |
$512,813.46 |
-$128,203.37 |
-$0.00 |
$384,610.10 |
| 11 |
$538,556.33 |
-$134,639.08 |
-$0.00 |
$403,917.25 |
| 12 |
$565,591.48 |
-$141,397.87 |
-$0.00 |
$424,193.61 |
| 13 |
$593,983.77 |
-$148,495.94 |
-$0.00 |
$445,487.83 |
| 14 |
$623,801.33 |
-$155,950.33 |
-$0.00 |
$467,851.00 |
| 15 |
$655,115.72 |
-$163,778.93 |
-$0.00 |
$491,336.79 |
| 16 |
$688,002.06 |
-$172,000.51 |
-$0.00 |
$516,001.54 |
| 17 |
$722,539.27 |
-$180,634.82 |
-$0.00 |
$541,904.45 |
| 18 |
$758,810.23 |
-$189,702.56 |
-$0.00 |
$569,107.67 |
| 19 |
$796,901.96 |
-$199,225.49 |
-$0.00 |
$597,676.47 |
| 20 |
$836,905.88 |
-$209,226.47 |
-$0.00 |
$627,679.41 |
| 21 |
$878,917.96 |
-$219,729.49 |
-$0.00 |
$659,188.47 |
| 22 |
$923,039.01 |
-$230,759.75 |
-$0.00 |
$692,279.26 |
| 23 |
$969,374.91 |
-$242,343.73 |
-$0.00 |
$727,031.19 |
| 24 |
$1,018,036.84 |
-$254,509.21 |
-$0.00 |
$763,527.63 |
| 25 |
$1,069,141.57 |
-$267,285.39 |
-$0.00 |
$801,856.18 |
| 26 |
$1,122,811.72 |
-$280,702.93 |
-$0.00 |
$842,108.79 |
| 27 |
$1,179,176.07 |
-$294,794.02 |
-$0.00 |
$884,382.05 |
| 28 |
$1,238,369.87 |
-$309,592.47 |
-$0.00 |
$928,777.40 |
| 29 |
$1,300,535.15 |
-$325,133.79 |
-$0.00 |
$975,401.36 |
| 30 |
$1,365,821.09 |
-$341,455.27 |
-$0.00 |
$1,024,365.82 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$22,000,000.00 |
-$5,500,000.00 |
-$0.00 |
$16,500,000.00 |
|
