500W low cost 12V to 220V inverter Circuit

Circuit diagram

How to calculate transformer rating
The basic formula is P=VI and between input output of the transformer we have Power input = Power output
For example if we want a 220W output at 220V then we need 1A at the output. Then at the input we must have at least 18.3V at 12V because: 12V*18.3 = 220v*1
So you have to wind the step up transformer 12v to 220v but input winding must be capable to bear 20A.