| Cash Option ($293.3 Million) |
Gross
Cash Payment |
37% Federal
Withholding |
4.25% State
Withholding |
Lump-Sum
Net Payment |
| $293,300,000.00 |
-$108,481,330.00 |
-$12,465,250.00 |
$172,353,420.00 |
| Annuity ($672 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
37% Federal
Withholding |
4.25% State
Withholding |
Annual
Net Payment |
| 1 |
$10,114,272.00 |
-$3,702,611.00 |
-$429,856.56 |
$5,981,804.44 |
| 2 |
$10,620,288.00 |
-$3,889,837.00 |
-$451,362.24 |
$6,279,088.76 |
| 3 |
$11,151,168.00 |
-$4,086,263.00 |
-$473,924.64 |
$6,590,980.36 |
| 4 |
$11,708,928.00 |
-$4,292,634.00 |
-$497,629.44 |
$6,918,664.56 |
| 5 |
$12,294,240.00 |
-$4,509,199.00 |
-$522,505.20 |
$7,262,535.80 |
| 6 |
$12,909,120.00 |
-$4,736,705.00 |
-$548,637.60 |
$7,623,777.40 |
| 7 |
$13,554,240.00 |
-$4,975,399.00 |
-$576,055.20 |
$8,002,785.80 |
| 8 |
$14,232,288.00 |
-$5,226,277.00 |
-$604,872.24 |
$8,401,138.76 |
| 9 |
$14,943,936.00 |
-$5,489,587.00 |
-$635,117.28 |
$8,819,231.72 |
| 10 |
$15,691,200.00 |
-$5,766,074.00 |
-$666,876.00 |
$9,258,250.00 |
| 11 |
$16,475,424.00 |
-$6,056,237.00 |
-$700,205.52 |
$9,718,981.48 |
| 12 |
$17,299,296.00 |
-$6,361,070.00 |
-$735,220.08 |
$10,203,005.92 |
| 13 |
$18,164,160.00 |
-$6,681,070.00 |
-$771,976.80 |
$10,711,113.20 |
| 14 |
$19,072,704.00 |
-$7,017,231.00 |
-$810,589.92 |
$11,244,883.08 |
| 15 |
$20,026,272.00 |
-$7,370,051.00 |
-$851,116.56 |
$11,805,104.44 |
| 16 |
$21,027,552.00 |
-$7,740,525.00 |
-$893,670.96 |
$12,393,356.04 |
| 17 |
$22,078,560.00 |
-$8,129,398.00 |
-$938,338.80 |
$13,010,823.20 |
| 18 |
$23,182,656.00 |
-$8,537,913.00 |
-$985,262.88 |
$13,659,480.12 |
| 19 |
$24,341,856.00 |
-$8,966,817.00 |
-$1,034,528.88 |
$14,340,510.12 |
| 20 |
$25,558,848.00 |
-$9,417,104.00 |
-$1,086,251.04 |
$15,055,492.96 |
| 21 |
$26,836,992.00 |
-$9,890,017.00 |
-$1,140,572.16 |
$15,806,402.84 |
| 22 |
$28,178,976.00 |
-$10,386,552.00 |
-$1,197,606.48 |
$16,594,817.52 |
| 23 |
$29,587,488.00 |
-$10,907,701.00 |
-$1,257,468.24 |
$17,422,318.76 |
| 24 |
$31,067,232.00 |
-$11,455,206.00 |
-$1,320,357.36 |
$18,291,668.64 |
| 25 |
$32,620,224.00 |
-$12,029,813.00 |
-$1,386,359.52 |
$19,204,051.48 |
| 26 |
$34,251,840.00 |
-$12,633,511.00 |
-$1,455,703.20 |
$20,162,625.80 |
| 27 |
$35,964,096.00 |
-$13,267,046.00 |
-$1,528,474.08 |
$21,168,575.92 |
| 28 |
$37,762,368.00 |
-$13,932,407.00 |
-$1,604,900.64 |
$22,225,060.36 |
| 29 |
$39,650,688.00 |
-$14,631,085.00 |
-$1,685,154.24 |
$23,334,448.76 |
| 30 |
$41,633,088.00 |
-$15,364,573.00 |
-$1,769,406.24 |
$24,499,108.76 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$672,000,000.00 |
-$248,640,000.00 |
-$28,560,000.00 |
$394,800,000.00 |
|
