| Cash Option ($167.9 Million) |
Gross
Cash Payment |
25% Federal
Withholding |
No State
Withholding |
Lump-Sum
Net Payment |
| $167,900,000.00 |
-$41,975,000.00 |
-$0.00 |
$125,925,000.00 |
| Annuity ($284 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
25% Federal
Withholding |
No State
Withholding |
Annual
Net Payment |
| 1 |
$4,260,000.00 |
-$1,065,000.00 |
-$0.00 |
$3,195,000.00 |
| 2 |
$4,473,848.97 |
-$1,118,462.24 |
-$0.00 |
$3,355,386.73 |
| 3 |
$4,698,433.01 |
-$1,174,608.25 |
-$0.00 |
$3,523,824.76 |
| 4 |
$4,934,291.00 |
-$1,233,572.75 |
-$0.00 |
$3,700,718.25 |
| 5 |
$5,181,988.90 |
-$1,295,497.23 |
-$0.00 |
$3,886,491.68 |
| 6 |
$5,442,121.06 |
-$1,360,530.26 |
-$0.00 |
$4,081,590.79 |
| 7 |
$5,715,311.67 |
-$1,428,827.92 |
-$0.00 |
$4,286,483.75 |
| 8 |
$6,002,216.25 |
-$1,500,554.06 |
-$0.00 |
$4,501,662.18 |
| 9 |
$6,303,523.23 |
-$1,575,880.81 |
-$0.00 |
$4,727,642.42 |
| 10 |
$6,619,955.62 |
-$1,654,988.90 |
-$0.00 |
$4,964,966.71 |
| 11 |
$6,952,272.68 |
-$1,738,068.17 |
-$0.00 |
$5,214,204.51 |
| 12 |
$7,301,271.82 |
-$1,825,317.96 |
-$0.00 |
$5,475,953.87 |
| 13 |
$7,667,790.48 |
-$1,916,947.62 |
-$0.00 |
$5,750,842.86 |
| 14 |
$8,052,708.11 |
-$2,013,177.03 |
-$0.00 |
$6,039,531.08 |
| 15 |
$8,456,948.33 |
-$2,114,237.08 |
-$0.00 |
$6,342,711.24 |
| 16 |
$8,881,481.12 |
-$2,220,370.28 |
-$0.00 |
$6,661,110.84 |
| 17 |
$9,327,325.15 |
-$2,331,831.29 |
-$0.00 |
$6,995,493.86 |
| 18 |
$9,795,550.24 |
-$2,448,887.56 |
-$0.00 |
$7,346,662.68 |
| 19 |
$10,287,279.90 |
-$2,571,819.97 |
-$0.00 |
$7,715,459.92 |
| 20 |
$10,803,694.03 |
-$2,700,923.51 |
-$0.00 |
$8,102,770.52 |
| 21 |
$11,346,031.79 |
-$2,836,507.95 |
-$0.00 |
$8,509,523.84 |
| 22 |
$11,915,594.51 |
-$2,978,898.63 |
-$0.00 |
$8,936,695.89 |
| 23 |
$12,513,748.89 |
-$3,128,437.22 |
-$0.00 |
$9,385,311.66 |
| 24 |
$13,141,930.18 |
-$3,285,482.54 |
-$0.00 |
$9,856,447.63 |
| 25 |
$13,801,645.73 |
-$3,450,411.43 |
-$0.00 |
$10,351,234.30 |
| 26 |
$14,494,478.53 |
-$3,623,619.63 |
-$0.00 |
$10,870,858.90 |
| 27 |
$15,222,091.04 |
-$3,805,522.76 |
-$0.00 |
$11,416,568.28 |
| 28 |
$15,986,229.19 |
-$3,996,557.30 |
-$0.00 |
$11,989,671.89 |
| 29 |
$16,788,726.52 |
-$4,197,181.63 |
-$0.00 |
$12,591,544.89 |
| 30 |
$17,631,508.65 |
-$4,407,877.16 |
-$0.00 |
$13,223,631.49 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$284,000,000.00 |
-$71,000,000.00 |
-$0.00 |
$213,000,000.00 |
|
Next Drawing: Tue, Dec 18
