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FREE KOREA TOOL

Korea Lottery Tax Estimator

Educational prize-tax estimate using a verified rate you enter.

Prize₩10,000,000
Estimated withholding tax₩2,200,000
Estimated payout₩7,800,000

Applied automatically: no withholding up to ₩2 million; 22% above ₩2 million through ₩300 million; 33% on the portion above ₩300 million. Current result: 22% withholding. Actual treatment can depend on prize type and payment structure.

HOW TO USE IT

A practical estimate, clearly explained

Enter the values you know. The result updates immediately and stays on your device. Review the limitation note before making a decision.

PRIVACY

Your inputs stay private

No account is required and calculator inputs are not stored on our servers. Only live exchange-rate requests use an amount and currency pair.

Common questions

Is this result official?

No. This is an informational estimate. Verify important decisions with an official source or qualified professional.

When was this tool updated?

The calculator and source register were reviewed on 18 August 2026.