| Cash Option ($167.9 Million) |
Gross
Cash Payment |
25% Federal
Withholding |
4% State
Withholding |
Lump-Sum
Net Payment |
| $167,900,000.00 |
-$41,975,000.00 |
-$6,716,000.00 |
$119,209,000.00 |
| Annuity ($284 Million in 30 Annual Payments) |
| Year |
Annual Gross Payment |
25% Federal
Withholding |
4% State
Withholding |
Annual
Net Payment |
| 1 |
$4,260,000.00 |
-$1,065,000.00 |
-$170,400.00 |
$3,024,600.00 |
| 2 |
$4,473,848.97 |
-$1,118,462.24 |
-$178,953.96 |
$3,176,432.77 |
| 3 |
$4,698,433.01 |
-$1,174,608.25 |
-$187,937.32 |
$3,335,887.43 |
| 4 |
$4,934,291.00 |
-$1,233,572.75 |
-$197,371.64 |
$3,503,346.61 |
| 5 |
$5,181,988.90 |
-$1,295,497.23 |
-$207,279.56 |
$3,679,212.12 |
| 6 |
$5,442,121.06 |
-$1,360,530.26 |
-$217,684.84 |
$3,863,905.95 |
| 7 |
$5,715,311.67 |
-$1,428,827.92 |
-$228,612.47 |
$4,057,871.28 |
| 8 |
$6,002,216.25 |
-$1,500,554.06 |
-$240,088.65 |
$4,261,573.53 |
| 9 |
$6,303,523.23 |
-$1,575,880.81 |
-$252,140.93 |
$4,475,501.50 |
| 10 |
$6,619,955.62 |
-$1,654,988.90 |
-$264,798.22 |
$4,700,168.49 |
| 11 |
$6,952,272.68 |
-$1,738,068.17 |
-$278,090.91 |
$4,936,113.60 |
| 12 |
$7,301,271.82 |
-$1,825,317.96 |
-$292,050.87 |
$5,183,903.00 |
| 13 |
$7,667,790.48 |
-$1,916,947.62 |
-$306,711.62 |
$5,444,131.24 |
| 14 |
$8,052,708.11 |
-$2,013,177.03 |
-$322,108.32 |
$5,717,422.76 |
| 15 |
$8,456,948.33 |
-$2,114,237.08 |
-$338,277.93 |
$6,004,433.31 |
| 16 |
$8,881,481.12 |
-$2,220,370.28 |
-$355,259.24 |
$6,305,851.59 |
| 17 |
$9,327,325.15 |
-$2,331,831.29 |
-$373,093.01 |
$6,622,400.86 |
| 18 |
$9,795,550.24 |
-$2,448,887.56 |
-$391,822.01 |
$6,954,840.67 |
| 19 |
$10,287,279.90 |
-$2,571,819.97 |
-$411,491.20 |
$7,303,968.73 |
| 20 |
$10,803,694.03 |
-$2,700,923.51 |
-$432,147.76 |
$7,670,622.76 |
| 21 |
$11,346,031.79 |
-$2,836,507.95 |
-$453,841.27 |
$8,055,682.57 |
| 22 |
$11,915,594.51 |
-$2,978,898.63 |
-$476,623.78 |
$8,460,072.11 |
| 23 |
$12,513,748.89 |
-$3,128,437.22 |
-$500,549.96 |
$8,884,761.71 |
| 24 |
$13,141,930.18 |
-$3,285,482.54 |
-$525,677.21 |
$9,330,770.43 |
| 25 |
$13,801,645.73 |
-$3,450,411.43 |
-$552,065.83 |
$9,799,168.47 |
| 26 |
$14,494,478.53 |
-$3,623,619.63 |
-$579,779.14 |
$10,291,079.75 |
| 27 |
$15,222,091.04 |
-$3,805,522.76 |
-$608,883.64 |
$10,807,684.64 |
| 28 |
$15,986,229.19 |
-$3,996,557.30 |
-$639,449.17 |
$11,350,222.72 |
| 29 |
$16,788,726.52 |
-$4,197,181.63 |
-$671,549.06 |
$11,919,995.83 |
| 30 |
$17,631,508.65 |
-$4,407,877.16 |
-$705,260.35 |
$12,518,371.14 |
| |
Total Gross
Payment |
Total Federal
Withholding |
Total State
Withholding |
Total Annual
Net Payment |
| |
$284,000,000.00 |
-$71,000,000.00 |
-$11,360,000.00 |
$201,640,000.00 |
|
Next Drawing: Tue, Dec 18
