According to Article 3 of the Individual Income Tax Law of People's Republic of China (PRC), the individual income tax rate is:
(1) For comprehensive income, the excess progressive tax rate of 3% to 45% shall apply;
(2) The excess progressive tax rate of 5% to 35% shall apply to the operating income;
(3) Income from interest, dividends and bonuses, income from property leasing, income from property transfer and accidental income shall be subject to the proportional tax rate of 20%.
Lottery, also called lottery, is a way to raise money by drawing lots to win prizes, not gambling. The English name of the lottery ticket is "LotteriyTicket". Cihai (version 1999) explains lottery tickets as follows: "Commonly known as' pigeon tickets'. A voucher issued by a lottery ticket to raise funds or raise funds. "
The Modern Chinese Dictionary explains lottery and lottery respectively in this way: "Lottery, lottery as a general term." Lottery is a kind of securities marked with numbers and sold at face value. After the lottery, those who hold the lottery ticket with the winning number can receive the prize according to the regulations. Lottery is a kind of voucher issued to raise funds, printed with numbers, graphics, words and face value, which is purchased voluntarily by buyers according to certain rules and whether they get rewards or not.
The above contents refer to Baidu Encyclopedia-Lottery