| Cash Option ($199 Million) |
Gross
Cash Payment |
25% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $199,000,000.00 |
-$49,750,000.00 |
-$0.00 |
$149,250,000.00 |
| Annuity ($345 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
25% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$6,151,384.20 |
-$1,537,846.05 |
-$0.00 |
$4,613,538.15 |
| 2 |
$6,397,439.57 |
-$1,599,359.89 |
-$0.00 |
$4,798,079.68 |
| 3 |
$6,653,337.15 |
-$1,663,334.29 |
-$0.00 |
$4,990,002.86 |
| 4 |
$6,919,470.64 |
-$1,729,867.66 |
-$0.00 |
$5,189,602.98 |
| 5 |
$7,196,249.46 |
-$1,799,062.37 |
-$0.00 |
$5,397,187.10 |
| 6 |
$7,484,099.44 |
-$1,871,024.86 |
-$0.00 |
$5,613,074.58 |
| 7 |
$7,783,463.42 |
-$1,945,865.85 |
-$0.00 |
$5,837,597.56 |
| 8 |
$8,094,801.96 |
-$2,023,700.49 |
-$0.00 |
$6,071,101.47 |
| 9 |
$8,418,594.03 |
-$2,104,648.51 |
-$0.00 |
$6,313,945.53 |
| 10 |
$8,755,337.80 |
-$2,188,834.45 |
-$0.00 |
$6,566,503.35 |
| 11 |
$9,105,551.31 |
-$2,276,387.83 |
-$0.00 |
$6,829,163.48 |
| 12 |
$9,469,773.36 |
-$2,367,443.34 |
-$0.00 |
$7,102,330.02 |
| 13 |
$9,848,564.29 |
-$2,462,141.07 |
-$0.00 |
$7,386,423.22 |
| 14 |
$10,242,506.87 |
-$2,560,626.72 |
-$0.00 |
$7,681,880.15 |
| 15 |
$10,652,207.14 |
-$2,663,051.79 |
-$0.00 |
$7,989,155.36 |
| 16 |
$11,078,295.43 |
-$2,769,573.86 |
-$0.00 |
$8,308,721.57 |
| 17 |
$11,521,427.24 |
-$2,880,356.81 |
-$0.00 |
$8,641,070.43 |
| 18 |
$11,982,284.33 |
-$2,995,571.08 |
-$0.00 |
$8,986,713.25 |
| 19 |
$12,461,575.71 |
-$3,115,393.93 |
-$0.00 |
$9,346,181.78 |
| 20 |
$12,960,038.74 |
-$3,240,009.68 |
-$0.00 |
$9,720,029.05 |
| 21 |
$13,478,440.28 |
-$3,369,610.07 |
-$0.00 |
$10,108,830.21 |
| 22 |
$14,017,577.90 |
-$3,504,394.47 |
-$0.00 |
$10,513,183.42 |
| 23 |
$14,578,281.01 |
-$3,644,570.25 |
-$0.00 |
$10,933,710.76 |
| 24 |
$15,161,412.25 |
-$3,790,353.06 |
-$0.00 |
$11,371,059.19 |
| 25 |
$15,767,868.74 |
-$3,941,967.19 |
-$0.00 |
$11,825,901.56 |
| 26 |
$16,398,583.49 |
-$4,099,645.87 |
-$0.00 |
$12,298,937.62 |
| 27 |
$17,054,526.83 |
-$4,263,631.71 |
-$0.00 |
$12,790,895.12 |
| 28 |
$17,736,707.91 |
-$4,434,176.98 |
-$0.00 |
$13,302,530.93 |
| 29 |
$18,446,176.22 |
-$4,611,544.06 |
-$0.00 |
$13,834,632.17 |
| 30 |
$19,184,023.27 |
-$4,796,005.82 |
-$0.00 |
$14,388,017.45 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$345,000,000.00 |
-$86,250,000.00 |
-$0.00 |
$258,750,000.00 |
|
Next Drawing: Wed, Oct 17
