| Cash Option ($81.4 Million) |
Gross
Cash Payment |
25% Federal
Withholding |
5% State
Withholding |
Lump-Sum
Net Payment |
| $81,400,000.00 |
-$20,350,000.00 |
-$4,070,000.00 |
$56,980,000.00 |
| Annuity ($116 Million in 30 Annual Payments) |
| Yr |
Annual Gross Payment |
25% Federal
Withholding |
5% State
Withholding |
Annual
Net Payment |
| 1 |
$2,068,291.50 |
-$517,072.87 |
-$103,414.57 |
$1,447,804.05 |
| 2 |
$2,151,023.16 |
-$537,755.79 |
-$107,551.16 |
$1,505,716.21 |
| 3 |
$2,237,064.09 |
-$559,266.02 |
-$111,853.20 |
$1,565,944.86 |
| 4 |
$2,326,546.65 |
-$581,636.66 |
-$116,327.33 |
$1,628,582.65 |
| 5 |
$2,419,608.52 |
-$604,902.13 |
-$120,980.43 |
$1,693,725.96 |
| 6 |
$2,516,392.86 |
-$629,098.21 |
-$125,819.64 |
$1,761,475.00 |
| 7 |
$2,617,048.57 |
-$654,262.14 |
-$130,852.43 |
$1,831,934.00 |
| 8 |
$2,721,730.51 |
-$680,432.63 |
-$136,086.53 |
$1,905,211.36 |
| 9 |
$2,830,599.73 |
-$707,649.93 |
-$141,529.99 |
$1,981,419.81 |
| 10 |
$2,943,823.72 |
-$735,955.93 |
-$147,191.19 |
$2,060,676.61 |
| 11 |
$3,061,576.67 |
-$765,394.17 |
-$153,078.83 |
$2,143,103.67 |
| 12 |
$3,184,039.74 |
-$796,009.93 |
-$159,201.99 |
$2,228,827.82 |
| 13 |
$3,311,401.33 |
-$827,850.33 |
-$165,570.07 |
$2,317,980.93 |
| 14 |
$3,443,857.38 |
-$860,964.35 |
-$172,192.87 |
$2,410,700.17 |
| 15 |
$3,581,611.68 |
-$895,402.92 |
-$179,080.58 |
$2,507,128.17 |
| 16 |
$3,724,876.14 |
-$931,219.04 |
-$186,243.81 |
$2,607,413.30 |
| 17 |
$3,873,871.19 |
-$968,467.80 |
-$193,693.56 |
$2,711,709.83 |
| 18 |
$4,028,826.04 |
-$1,007,206.51 |
-$201,441.30 |
$2,820,178.23 |
| 19 |
$4,189,979.08 |
-$1,047,494.77 |
-$209,498.95 |
$2,932,985.35 |
| 20 |
$4,357,578.24 |
-$1,089,394.56 |
-$217,878.91 |
$3,050,304.77 |
| 21 |
$4,531,881.37 |
-$1,132,970.34 |
-$226,594.07 |
$3,172,316.96 |
| 22 |
$4,713,156.63 |
-$1,178,289.16 |
-$235,657.83 |
$3,299,209.64 |
| 23 |
$4,901,682.89 |
-$1,225,420.72 |
-$245,084.14 |
$3,431,178.02 |
| 24 |
$5,097,750.21 |
-$1,274,437.55 |
-$254,887.51 |
$3,568,425.14 |
| 25 |
$5,301,660.21 |
-$1,325,415.05 |
-$265,083.01 |
$3,711,162.15 |
| 26 |
$5,513,726.62 |
-$1,378,431.66 |
-$275,686.33 |
$3,859,608.64 |
| 27 |
$5,734,275.69 |
-$1,433,568.92 |
-$286,713.78 |
$4,013,992.98 |
| 28 |
$5,963,646.72 |
-$1,490,911.68 |
-$298,182.34 |
$4,174,552.70 |
| 29 |
$6,202,192.58 |
-$1,550,548.15 |
-$310,109.63 |
$4,341,534.81 |
| 30 |
$6,450,280.29 |
-$1,612,570.07 |
-$322,514.01 |
$4,515,196.20 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$116,000,000.00 |
-$29,000,000.00 |
-$5,800,000.00 |
$81,200,000.00 |
|
