| Cash Option ($94.3 Million) |
Gross
Cash Payment |
25% Federal
Withholding |
6% State
Withholding |
Lump-Sum
Net Payment |
| $94,300,000.00 |
-$23,575,000.00 |
-$5,658,000.00 |
$65,067,000.00 |
| Annuity ($158 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
25% Federal
Withholding |
6% State
Withholding |
Annual
Net Payment |
| 1 |
$2,817,155.66 |
-$704,288.92 |
-$169,029.34 |
$1,943,837.41 |
| 2 |
$2,929,841.89 |
-$732,460.47 |
-$175,790.51 |
$2,021,590.90 |
| 3 |
$3,047,035.57 |
-$761,758.89 |
-$182,822.13 |
$2,102,454.54 |
| 4 |
$3,168,916.99 |
-$792,229.25 |
-$190,135.02 |
$2,186,552.72 |
| 5 |
$3,295,673.67 |
-$823,918.42 |
-$197,740.42 |
$2,274,014.83 |
| 6 |
$3,427,500.61 |
-$856,875.15 |
-$205,650.04 |
$2,364,975.42 |
| 7 |
$3,564,600.64 |
-$891,150.16 |
-$213,876.04 |
$2,459,574.44 |
| 8 |
$3,707,184.66 |
-$926,796.17 |
-$222,431.08 |
$2,557,957.42 |
| 9 |
$3,855,472.05 |
-$963,868.01 |
-$231,328.32 |
$2,660,275.71 |
| 10 |
$4,009,690.93 |
-$1,002,422.73 |
-$240,581.46 |
$2,766,686.74 |
| 11 |
$4,170,078.57 |
-$1,042,519.64 |
-$250,204.71 |
$2,877,354.21 |
| 12 |
$4,336,881.71 |
-$1,084,220.43 |
-$260,212.90 |
$2,992,448.38 |
| 13 |
$4,510,356.98 |
-$1,127,589.25 |
-$270,621.42 |
$3,112,146.32 |
| 14 |
$4,690,771.26 |
-$1,172,692.82 |
-$281,446.28 |
$3,236,632.17 |
| 15 |
$4,878,402.11 |
-$1,219,600.53 |
-$292,704.13 |
$3,366,097.46 |
| 16 |
$5,073,538.20 |
-$1,268,384.55 |
-$304,412.29 |
$3,500,741.35 |
| 17 |
$5,276,479.72 |
-$1,319,119.93 |
-$316,588.78 |
$3,640,771.01 |
| 18 |
$5,487,538.91 |
-$1,371,884.73 |
-$329,252.33 |
$3,786,401.85 |
| 19 |
$5,707,040.47 |
-$1,426,760.12 |
-$342,422.43 |
$3,937,857.92 |
| 20 |
$5,935,322.09 |
-$1,483,830.52 |
-$356,119.33 |
$4,095,372.24 |
| 21 |
$6,172,734.97 |
-$1,543,183.74 |
-$370,364.10 |
$4,259,187.13 |
| 22 |
$6,419,644.37 |
-$1,604,911.09 |
-$385,178.66 |
$4,429,554.62 |
| 23 |
$6,676,430.14 |
-$1,669,107.54 |
-$400,585.81 |
$4,606,736.80 |
| 24 |
$6,943,487.35 |
-$1,735,871.84 |
-$416,609.24 |
$4,791,006.27 |
| 25 |
$7,221,226.84 |
-$1,805,306.71 |
-$433,273.61 |
$4,982,646.52 |
| 26 |
$7,510,075.92 |
-$1,877,518.98 |
-$450,604.56 |
$5,181,952.38 |
| 27 |
$7,810,478.95 |
-$1,952,619.74 |
-$468,628.74 |
$5,389,230.48 |
| 28 |
$8,122,898.11 |
-$2,030,724.53 |
-$487,373.89 |
$5,604,799.70 |
| 29 |
$8,447,814.04 |
-$2,111,953.51 |
-$506,868.84 |
$5,828,991.69 |
| 30 |
$8,785,726.60 |
-$2,196,431.65 |
-$527,143.60 |
$6,062,151.35 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$158,000,000.00 |
-$39,500,000.00 |
-$9,480,000.00 |
$109,020,000.00 |
|
Next Drawing: Wed, Apr 25
