| Cash Option ($184.8 Million) |
Gross
Cash Payment |
25% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $184,800,000.00 |
-$46,200,000.00 |
-$0.00 |
$138,600,000.00 |
| Annuity ($304 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
25% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$5,420,350.14 |
-$1,355,087.53 |
-$0.00 |
$4,065,262.60 |
| 2 |
$5,637,164.14 |
-$1,409,291.04 |
-$0.00 |
$4,227,873.11 |
| 3 |
$5,862,650.71 |
-$1,465,662.68 |
-$0.00 |
$4,396,988.03 |
| 4 |
$6,097,156.74 |
-$1,524,289.18 |
-$0.00 |
$4,572,867.55 |
| 5 |
$6,341,043.01 |
-$1,585,260.75 |
-$0.00 |
$4,755,782.25 |
| 6 |
$6,594,684.73 |
-$1,648,671.18 |
-$0.00 |
$4,946,013.54 |
| 7 |
$6,858,472.11 |
-$1,714,618.03 |
-$0.00 |
$5,143,854.09 |
| 8 |
$7,132,811.00 |
-$1,783,202.75 |
-$0.00 |
$5,349,608.25 |
| 9 |
$7,418,123.44 |
-$1,854,530.86 |
-$0.00 |
$5,563,592.58 |
| 10 |
$7,714,848.38 |
-$1,928,712.09 |
-$0.00 |
$5,786,136.28 |
| 11 |
$8,023,442.31 |
-$2,005,860.58 |
-$0.00 |
$6,017,581.73 |
| 12 |
$8,344,380.00 |
-$2,086,095.00 |
-$0.00 |
$6,258,285.00 |
| 13 |
$8,678,155.20 |
-$2,169,538.80 |
-$0.00 |
$6,508,616.40 |
| 14 |
$9,025,281.41 |
-$2,256,320.35 |
-$0.00 |
$6,768,961.06 |
| 15 |
$9,386,292.67 |
-$2,346,573.17 |
-$0.00 |
$7,039,719.50 |
| 16 |
$9,761,744.38 |
-$2,440,436.09 |
-$0.00 |
$7,321,308.28 |
| 17 |
$10,152,214.15 |
-$2,538,053.54 |
-$0.00 |
$7,614,160.61 |
| 18 |
$10,558,302.72 |
-$2,639,575.68 |
-$0.00 |
$7,918,727.04 |
| 19 |
$10,980,634.83 |
-$2,745,158.71 |
-$0.00 |
$8,235,476.12 |
| 20 |
$11,419,860.22 |
-$2,854,965.05 |
-$0.00 |
$8,564,895.16 |
| 21 |
$11,876,654.63 |
-$2,969,163.66 |
-$0.00 |
$8,907,490.97 |
| 22 |
$12,351,720.81 |
-$3,087,930.20 |
-$0.00 |
$9,263,790.61 |
| 23 |
$12,845,789.65 |
-$3,211,447.41 |
-$0.00 |
$9,634,342.23 |
| 24 |
$13,359,621.23 |
-$3,339,905.31 |
-$0.00 |
$10,019,715.92 |
| 25 |
$13,894,006.08 |
-$3,473,501.52 |
-$0.00 |
$10,420,504.56 |
| 26 |
$14,449,766.32 |
-$3,612,441.58 |
-$0.00 |
$10,837,324.74 |
| 27 |
$15,027,756.98 |
-$3,756,939.24 |
-$0.00 |
$11,270,817.73 |
| 28 |
$15,628,867.26 |
-$3,907,216.81 |
-$0.00 |
$11,721,650.44 |
| 29 |
$16,254,021.95 |
-$4,063,505.49 |
-$0.00 |
$12,190,516.46 |
| 30 |
$16,904,182.82 |
-$4,226,045.71 |
-$0.00 |
$12,678,137.12 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$304,000,000.00 |
-$76,000,000.00 |
-$0.00 |
$228,000,000.00 |
|
Next Drawing: Sat, Feb 23
