| Cash Option ($30.2 Million) |
Gross
Cash Payment |
25% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $30,200,000.00 |
-$7,550,000.00 |
-$0.00 |
$22,650,000.00 |
| Annuity ($52 Million in 30 Annual Payments) |
| Yr |
Annual Gross Payment |
25% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$780,000.00 |
-$195,000.00 |
-$0.00 |
$585,000.00 |
| 2 |
$819,155.45 |
-$204,788.86 |
-$0.00 |
$614,366.58 |
| 3 |
$860,276.47 |
-$215,069.12 |
-$0.00 |
$645,207.35 |
| 4 |
$903,461.73 |
-$225,865.43 |
-$0.00 |
$677,596.30 |
| 5 |
$948,814.87 |
-$237,203.72 |
-$0.00 |
$711,611.15 |
| 6 |
$996,444.70 |
-$249,111.18 |
-$0.00 |
$747,333.53 |
| 7 |
$1,046,465.52 |
-$261,616.38 |
-$0.00 |
$784,849.14 |
| 8 |
$1,098,997.34 |
-$274,749.34 |
-$0.00 |
$824,248.01 |
| 9 |
$1,154,166.23 |
-$288,541.56 |
-$0.00 |
$865,624.67 |
| 10 |
$1,212,104.55 |
-$303,026.14 |
-$0.00 |
$909,078.41 |
| 11 |
$1,272,951.34 |
-$318,237.83 |
-$0.00 |
$954,713.50 |
| 12 |
$1,336,852.59 |
-$334,213.15 |
-$0.00 |
$1,002,639.44 |
| 13 |
$1,403,961.64 |
-$350,990.41 |
-$0.00 |
$1,052,971.23 |
| 14 |
$1,474,439.51 |
-$368,609.88 |
-$0.00 |
$1,105,829.63 |
| 15 |
$1,548,455.33 |
-$387,113.83 |
-$0.00 |
$1,161,341.50 |
| 16 |
$1,626,186.68 |
-$406,546.67 |
-$0.00 |
$1,219,640.01 |
| 17 |
$1,707,820.10 |
-$426,955.02 |
-$0.00 |
$1,280,865.07 |
| 18 |
$1,793,551.45 |
-$448,387.86 |
-$0.00 |
$1,345,163.59 |
| 19 |
$1,883,586.46 |
-$470,896.62 |
-$0.00 |
$1,412,689.85 |
| 20 |
$1,978,141.16 |
-$494,535.29 |
-$0.00 |
$1,483,605.87 |
| 21 |
$2,077,442.44 |
-$519,360.61 |
-$0.00 |
$1,558,081.83 |
| 22 |
$2,181,728.57 |
-$545,432.14 |
-$0.00 |
$1,636,296.43 |
| 23 |
$2,291,249.80 |
-$572,812.45 |
-$0.00 |
$1,718,437.35 |
| 24 |
$2,406,268.91 |
-$601,567.23 |
-$0.00 |
$1,804,701.68 |
| 25 |
$2,527,061.89 |
-$631,765.47 |
-$0.00 |
$1,895,296.42 |
| 26 |
$2,653,918.60 |
-$663,479.65 |
-$0.00 |
$1,990,438.95 |
| 27 |
$2,787,143.43 |
-$696,785.86 |
-$0.00 |
$2,090,357.57 |
| 28 |
$2,927,056.05 |
-$731,764.01 |
-$0.00 |
$2,195,292.04 |
| 29 |
$3,073,992.18 |
-$768,498.04 |
-$0.00 |
$2,305,494.13 |
| 30 |
$3,228,304.40 |
-$807,076.10 |
-$0.00 |
$2,421,228.30 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$52,000,000.00 |
-$13,000,000.00 |
-$0.00 |
$39,000,000.00 |
|
