How much tax should I pay if I win 5 million in the lottery?

If you win a prize of 5 million, you have to pay a tax of 6.5438+0 million. The 5 million prize is an accidental income from personal income. Accidental income is also taxed at a rate of 20%. In other words, the office tax of 5 million yuan is 5 million times 20%, and the tax payable is 6,543,800 yuan. It is accidental for individuals to win Xiang Yu Award and Jin Chongyan Fu Award. Accidental income is a kind of tax levied on accidental income such as individual winning prizes, winning prizes and winning lottery tickets. There is no threshold for accidental income, and taxpayers need to pay personal income tax according to actual income, and the tax rate is 20%.

Individual Income Tax Law of the People's Republic of China

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Personal income tax rate:

(a) the comprehensive income is subject to an excess progressive tax rate of 3% to 45% (the tax rate table is attached);

(2) The excess progressive tax rate of 5% to 35% is applicable to business income (the tax rate table is attached);

(3) Income from interest, dividends and bonuses, income from property leasing, income from property transfer and accidental income shall be subject to a proportional tax rate of 20%.