| Cash Option ($145.4 Million) |
Gross
Cash Payment |
25% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $145,400,000.00 |
-$36,350,000.00 |
-$0.00 |
$109,050,000.00 |
| Annuity ($246 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
25% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$4,386,204.39 |
-$1,096,551.10 |
-$0.00 |
$3,289,653.29 |
| 2 |
$4,561,652.56 |
-$1,140,413.14 |
-$0.00 |
$3,421,239.42 |
| 3 |
$4,744,118.66 |
-$1,186,029.67 |
-$0.00 |
$3,558,089.00 |
| 4 |
$4,933,883.41 |
-$1,233,470.85 |
-$0.00 |
$3,700,412.56 |
| 5 |
$5,131,238.75 |
-$1,282,809.69 |
-$0.00 |
$3,848,429.06 |
| 6 |
$5,336,488.30 |
-$1,334,122.07 |
-$0.00 |
$4,002,366.22 |
| 7 |
$5,549,947.83 |
-$1,387,486.96 |
-$0.00 |
$4,162,460.87 |
| 8 |
$5,771,945.74 |
-$1,442,986.44 |
-$0.00 |
$4,328,959.31 |
| 9 |
$6,002,823.57 |
-$1,500,705.89 |
-$0.00 |
$4,502,117.68 |
| 10 |
$6,242,936.52 |
-$1,560,734.13 |
-$0.00 |
$4,682,202.39 |
| 11 |
$6,492,653.98 |
-$1,623,163.49 |
-$0.00 |
$4,869,490.48 |
| 12 |
$6,752,360.14 |
-$1,688,090.03 |
-$0.00 |
$5,064,270.10 |
| 13 |
$7,022,454.54 |
-$1,755,613.64 |
-$0.00 |
$5,266,840.91 |
| 14 |
$7,303,352.72 |
-$1,825,838.18 |
-$0.00 |
$5,477,514.54 |
| 15 |
$7,595,486.83 |
-$1,898,871.71 |
-$0.00 |
$5,696,615.12 |
| 16 |
$7,899,306.30 |
-$1,974,826.58 |
-$0.00 |
$5,924,479.73 |
| 17 |
$8,215,278.56 |
-$2,053,819.64 |
-$0.00 |
$6,161,458.92 |
| 18 |
$8,543,889.70 |
-$2,135,972.42 |
-$0.00 |
$6,407,917.27 |
| 19 |
$8,885,645.29 |
-$2,221,411.32 |
-$0.00 |
$6,664,233.97 |
| 20 |
$9,241,071.10 |
-$2,310,267.77 |
-$0.00 |
$6,930,803.32 |
| 21 |
$9,610,713.94 |
-$2,402,678.49 |
-$0.00 |
$7,208,035.46 |
| 22 |
$9,995,142.50 |
-$2,498,785.62 |
-$0.00 |
$7,496,356.87 |
| 23 |
$10,394,948.20 |
-$2,598,737.05 |
-$0.00 |
$7,796,211.15 |
| 24 |
$10,810,746.13 |
-$2,702,686.53 |
-$0.00 |
$8,108,059.60 |
| 25 |
$11,243,175.97 |
-$2,810,793.99 |
-$0.00 |
$8,432,381.98 |
| 26 |
$11,692,903.01 |
-$2,923,225.75 |
-$0.00 |
$8,769,677.26 |
| 27 |
$12,160,619.13 |
-$3,040,154.78 |
-$0.00 |
$9,120,464.35 |
| 28 |
$12,647,043.90 |
-$3,161,760.97 |
-$0.00 |
$9,485,282.92 |
| 29 |
$13,152,925.65 |
-$3,288,231.41 |
-$0.00 |
$9,864,694.24 |
| 30 |
$13,679,042.68 |
-$3,419,760.67 |
-$0.00 |
$10,259,282.01 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$246,000,000.00 |
-$61,500,000.00 |
-$0.00 |
$184,500,000.00 |
|
Next Drawing: Sat, Dec 15
