What if 10 million kroner landed in your account?
Drag the amount and see it step by step: the loans disappear, work becomes optional, and what is left pays you every month. Real Norwegian rates.
- Spent
- 3 000 000 kr
- Left to invest
- 7 000 000 kr
The rest of the money
What do you do with the money?
Tick the boxes. Only the mortgage is ticked to start you off — the rest is up to you. The number at the top is what you gain every month.
- The instalment disappears. Drag to set your remaining debt.
Pay off the mortgage
Costs 3 000 000 kr+17 713 kr/month3 000 000 kr - We set aside capital whose return after tax pays the missing 50 % of your net salary, every year. Drag to choose how much you want to work.
Work 50 % — the return covers the rest
Costs 6 153 846 kr+20 000 kr/month - The car is yours, and another monthly instalment is gone.
Pay off the car loan
Costs 300 000 kr+5 940 kr/month - Safety before fun. It sits in the bank and earns a little interest.
A buffer in the bank
Costs 480 000 kr - The difference between the home you have and the one you want.
A bigger home
Costs 5 000 000 kr - An ordinary mountain or seaside cabin. Drag for your price.
A cabin
Costs 2 500 000 kr - A whole year without work and with room to spare.
A year of travelling
Costs 500 000 kr - Capital that covers the last 50 % of the salary too — together with the step above, the whole salary is paid by returns.
Work only when you feel like it
Costs 6 153 846 kr+20 000 kr/month - A proper one.
A boat
Costs 2 000 000 kr - Capital that pays a full-time salary, every year, without eating into the wealth.
A chef and help in the house
Costs 23 076 923 kr - To family, friends or an organisation you believe in.
Give it away
Costs 500 000 kr
How the numbers are built
Tax on the amount first
A lottery win and inheritance are tax-free in Norway. A share gain is taxed at 37.84 % in 2026, salary at ordinary rates. The net amount enters the ladder.
Then the ladder, step by step
Loans go first because they free up money every month. Then a buffer, a bigger home, a cabin and travel. Then capital that makes work optional.
Finally whatever is left
The rest is invested. The return after 22 % tax is what you can live on forever. Spending it down instead, we count to the year you turn 90.
What the Norwegian rules say
Prizes from Norsk Tipping, the lottery included, are tax-free under section 5-50 of the Tax Act. The whole amount is paid out to you.
Inheritance tax was abolished on 1 January 2014. Inheritance and gifts are tax-free for the recipient in Norway, whatever the amount.
Selling shares or your company privately, the gain is taxed at 22 percent uplifted by 1.72 — 37.84 percent in total in 2026.
Interest and other capital income is taxed at 22 percent. A five percent return is therefore 3.9 percent once the tax is paid.
Wealth tax is paid on net wealth above 1.9 million: 1.0 percent, and 1.1 percent of anything above 21.5 million in 2026.
Bank deposits count in full. Shares are valued at 80 percent, your main home at 25 percent below 14 million, a cabin at 30 percent and a boat at 75 percent.
What you need to work it out
- The amount — and whether it is a prize, inheritance, shares or salary
- Your age, which sets how long the money has to last
- Your net monthly pay today, the mortgage, the value of your home and any car loan
- The return you expect: 3, 5 or 7 percent
Tax on different sources in 2026
- Lottery and Norsk Tipping: 0 % — tax-free
- Inheritance and gifts: 0 % — the inheritance tax is gone
- Share gains and dividends: 37.84 % (22 % × 1.72)
- Salary and bonus: bracket tax up to 17.8 % + 22 % + 7.6 % national insurance
- Interest on the money afterwards: 22 %
The steps in the ladder
- Choose: invest the rest, or draw it down over a number of years
- Pay off the mortgage and the car loan — that frees the instalment every month
- Buffer, a bigger home, a cabin, travel — drag the amounts
- Work 50 percent, or work only when you feel like it
- Boat, a chef, giving money away — and your own items
- The number at the top is what you gain each month — red if you have spent too much
Worth thinking about
Ten million sounds endless, but living off the return it is about 32 500 kroner a month after tax. That is an ordinary salary, not a yacht.
Paying down the mortgage is a certain return equal to your interest rate. At 5 percent it beats leaving the money in the bank every time.
At 25, spending the money down to age 90 lets you take out more each month than the return alone. At 60, considerably more.
The wealth tax arrives every year no matter where the money came from. Ten million in the bank costs around 81 000 kroner a year.
Assumptions
- Mortgage rate 5.1 % over 25 years (Statistics Norway, June 2026)
- Car loan rate 7 % over 5 years
- Interest income is taxed at 22 %
- Wealth tax 1.0 % above 1.9 million and 1.1 % above 21.5 million (2026)
- Share gains: 22 % × 1.72 = 37.84 %
- Starting prices: cabin 2 500 000 kr, boat 2 000 000 kr, a year of travel 500 000 kr, chef 900 000 kr a year — all of them draggable
- Wealth tax is charged on what is still wealth: cash and funds 100 %, repaid debt 100 %, cabin 30 %, boat 75 %, a bigger home 25 % (70 % above 14 million), travel and gifts 0 %
Questions and answers
Is a lottery win taxed in Norway?
No. Prizes from Norsk Tipping are tax-free under section 5-50 of the Norwegian Tax Act, so the whole win is yours.
It still counts as wealth on 31 December, so the wealth tax follows the year after — 1.0 percent above 1.9 million kroner.
How much can you live on with 10 million kroner?
At a 5 percent return, 10 million kroner gives 500 000 a year before tax and 390 000 after — about 32 500 kroner a month, forever.
Spending the money down to the year you turn 90 lets you take out more each month. How much more depends on your age today.
What is the difference between winning 10 million and earning it?
Around 4.6 million kroner. A lottery win is tax-free, while 10 million in salary in a single year is taxed at roughly 46 percent.
Selling your company or shares privately, the tax is 37.84 percent of the gain in 2026 — the Norwegian shareholder model.
How much do you need to stop working?
Capital whose return after tax covers your net pay. On 40 000 kroner net a month and a 5 percent return that is roughly 12.3 million.
To work half the time, half of that is enough. The calculator shows both steps using the numbers you type in.
Do you pay Norwegian wealth tax on lottery money?
Yes. The exemption covers the income tax on the prize. Whatever is left on 31 December counts as wealth.
Above 1.9 million kroner you pay 1.0 percent, and 1.1 percent of anything above 21.5 million, in 2026.
Sources
Alle satser og regler på denne siden er hentet fra primærkilden og vist med dato. Sjekk gjerne selv — lenkene går rett til nav.no og lovdata.no.
- Norwegian Tax Administration — wealth tax 2026
- Gjelder fra
- Norwegian Tax Administration — tax on general income (interest) 2026
- Gjelder fra
- Norwegian Tax Administration — advance assessment 2026 (uplift factor 1.72, valuation)
- Gjelder fra
- Skatteetaten — Gevinst fra Norsk Tipping er skattefri (sktl. § 5-50)
- Gjelder fra
- Skatteetaten — Arveavgiften opphevet fra 2014
- Gjelder fra
- Skatteetaten — Trinnskatt 2026
- Gjelder fra
- Skatteetaten — Formuesverdi bolig 2026 (25 % opp til 14 mill)
- Gjelder fra
- Skatteetaten — Formuesverdi fritidseiendom (inntil 30 %)
- Gjelder fra
- Skatteetaten — Formuesverdi fritidsbåt (75 % av forsikringssum)
- Gjelder fra