| Cash Option ($372.6 Million) |
Gross
Cash Payment |
25% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $372,600,000.00 |
-$93,150,000.00 |
-$0.00 |
$279,450,000.00 |
| Annuity ($654 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
25% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$9,810,000.00 |
-$2,452,500.00 |
-$0.00 |
$7,357,500.00 |
| 2 |
$10,302,455.02 |
-$2,575,613.76 |
-$0.00 |
$7,726,841.27 |
| 3 |
$10,819,630.94 |
-$2,704,907.73 |
-$0.00 |
$8,114,723.20 |
| 4 |
$11,362,768.72 |
-$2,840,692.18 |
-$0.00 |
$8,522,076.54 |
| 5 |
$11,933,171.62 |
-$2,983,292.91 |
-$0.00 |
$8,949,878.72 |
| 6 |
$12,532,208.35 |
-$3,133,052.09 |
-$0.00 |
$9,399,156.27 |
| 7 |
$13,161,316.30 |
-$3,290,329.07 |
-$0.00 |
$9,870,987.22 |
| 8 |
$13,822,005.02 |
-$3,455,501.25 |
-$0.00 |
$10,366,503.76 |
| 9 |
$14,515,859.84 |
-$3,628,964.96 |
-$0.00 |
$10,886,894.88 |
| 10 |
$15,244,545.68 |
-$3,811,136.42 |
-$0.00 |
$11,433,409.26 |
| 11 |
$16,009,811.03 |
-$4,002,452.76 |
-$0.00 |
$12,007,358.27 |
| 12 |
$16,813,492.16 |
-$4,203,373.04 |
-$0.00 |
$12,610,119.12 |
| 13 |
$17,657,517.51 |
-$4,414,379.38 |
-$0.00 |
$13,243,138.13 |
| 14 |
$18,543,912.33 |
-$4,635,978.08 |
-$0.00 |
$13,907,934.25 |
| 15 |
$19,474,803.54 |
-$4,868,700.88 |
-$0.00 |
$14,606,102.65 |
| 16 |
$20,452,424.83 |
-$5,113,106.21 |
-$0.00 |
$15,339,318.62 |
| 17 |
$21,479,122.01 |
-$5,369,780.50 |
-$0.00 |
$16,109,341.50 |
| 18 |
$22,557,358.65 |
-$5,639,339.66 |
-$0.00 |
$16,918,018.99 |
| 19 |
$23,689,722.02 |
-$5,922,430.50 |
-$0.00 |
$17,767,291.51 |
| 20 |
$24,878,929.21 |
-$6,219,732.30 |
-$0.00 |
$18,659,196.91 |
| 21 |
$26,127,833.77 |
-$6,531,958.44 |
-$0.00 |
$19,595,875.32 |
| 22 |
$27,439,432.44 |
-$6,859,858.11 |
-$0.00 |
$20,579,574.33 |
| 23 |
$28,816,872.43 |
-$7,204,218.11 |
-$0.00 |
$21,612,654.32 |
| 24 |
$30,263,458.93 |
-$7,565,864.73 |
-$0.00 |
$22,697,594.20 |
| 25 |
$31,782,663.05 |
-$7,945,665.76 |
-$0.00 |
$23,836,997.29 |
| 26 |
$33,378,130.13 |
-$8,344,532.53 |
-$0.00 |
$25,033,597.60 |
| 27 |
$35,053,688.52 |
-$8,763,422.13 |
-$0.00 |
$26,290,266.39 |
| 28 |
$36,813,358.76 |
-$9,203,339.69 |
-$0.00 |
$27,610,019.07 |
| 29 |
$38,661,363.19 |
-$9,665,340.80 |
-$0.00 |
$28,996,022.39 |
| 30 |
$40,602,136.12 |
-$10,150,534.03 |
-$0.00 |
$30,451,602.09 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$654,000,000.00 |
-$163,500,000.00 |
-$0.00 |
$490,500,000.00 |
|
Next Drawing: Tue, Oct 16
