Floodwater utilization is an important content in flood management. Controlling the limit water level of reservoir by stage is one of important contents in the management of multi-purpose reservoir’s floodwater utilization for the sake of more benefits, and reasonable division of stage in flood season is precondition of controlling the limit water level by stage. On the background of Three Gorges Reservoir floodwater utilization management and on the foundation of self-similarity of hydrological series, determining the number of flood season staged in base of conventional statistical method, choosing the Db4 wavelet and Mallat algorithm, the computation mode of wavelet fractal dimension estimation method is proposed and each stage’s fractal dimension is computed, then the final flood season staged is obtained. The results demonstrate the stages of Three Gorges Reservoir determined by using wavelet fractal dimension method are consistent with that from conventional method, but the fractal dimension results by former method are easier, more stable and objective which ensures the feasibility of the wavelet fractal dimension method applying in flood season staged. The obtained results are the base of deep coping with floodwater utilization management, also are the decision-making gist for the flood forecast, flood control and water allocation reasonably of Three Gorges Reservoir. Controlling the limit water level of reservoir by stage is one of important contents in the management of multi-purpose reservoir’s floodwater for for sake of more benefits, and reasonable division of stage in flood season is Precondition of controlling the limit water level by stage. On the background of Three Gorges Reservoir floodwater utilization management and on the foundation of self-similarity of hydrological series, determining the number of flood season staged in base of conventional statistical method, choosing the Db4 wavelet and Mallat algorithm, the computation mode of wavelet fractal dimension estimation method is proposed and each stage’s fractal dimension is computed and then the final flood season staged is obtained. The results demonstrate the stages of Three Gorges Reservoir determined by using wavelet fractal dimension method are consistent with that from conventional method, but the fract al dimension results by former method are easier, more stable and objective which ensures the feasibility of the wavelet fractal dimension method applying in flood season staged. The obtained results are the base of deep coping with floodwater utilization management, also are the decision-making gist for the flood forecast, flood control and water allocation reasonably of Three Gorges Reservoir.