
into this:

So, I will be starting out with a Reese Witherspoon photo

Remember to start with a bigger pictures, but this one is currently resized.
Duplicate the layers.
Then, I pasted a hot pink color over the entire image
Next, i went to layer properties and dodge - at 100.
My background is now red and Reese's face is pink and white.
Go to layers - Merge - Merge (flatten)
Duplicate the layer again, and paste a rainbow like gradient over the top.
Then, go to layer properties and burn - 100.
Merge (flatten) one last time.
This is what it should look similar to: