The 98th Draw for the Rs. 200/- denomination of National Prize Bonds took place on June 20, 2024, at the State Bank of Pakistan in =====, presided over by =====. This single common draw covered 165 series of Rs. 200/- denomination bonds, ranging from series “A” to “FW,” sold up to April 14, 2024. The event featured a structured prize distribution, offering significant rewards to numerous participants. Specifically, the draw awarded 165 first prizes of Rs. 750,000 each, 825 second prizes of Rs. 250,000 each, and 395,010 third prizes of Rs. 1,250 each, culminating in a total of 396,000 prizes distributed among the series.
During the draw, the first prize number of Rs. 750,000 was 000000. The second prize numbers were 000000, 000000, 000000, 000000 and 000000, each granting Rs. 250,000. The results of the draw are accessible online, allowing winners to check the list and download the complete draw result in PDF format. This ease of access is aimed at providing convenience to participants from all over Pakistan. Moreover, resources like Hamariweb offer additional platforms for checking results, ensuring that everyone has ample opportunity to verify their prize bond numbers.
For those looking to purchase National Prize Bonds in Pakistan, the process involves visiting any State Bank or Banking Services Corporation branch with an original National Identity Card (NIC), a copy of the NIC, and bank account details including IBAN. Winners of prize money can claim their rewards by presenting the original NIC, a copy, and their bank account details at any SBP BSC office. After completing and submitting a form, the prize money is transferred to the winner’s bank account either on the same day or within 10 to 15 working days for first and second prize winners, respectively.
The government of Pakistan imposes a fixed tax on prize money, which is deducted at the source and transferred to the Federal Board of Revenue (FBR) upon claiming the prize. Filers benefit from a lower tax rate compared to non-filers, with the rates for Rs. 200 prize bonds set at 15% for filers and 30% for non-filers. Consequently, the net amounts after tax deductions for the first prize are Rs. 637,500 for filers and Rs. 525,000 for non-filers. The second prize amounts to Rs. 212,500 for filers and Rs. 175,000 for non-filers, while the third prize comes to Rs. 1,062 for filers and Rs. 875 for non-filers.
Immediate Alert: Important Notice for Rs. 40,000, 25,000, 15,000, and 7,500 Prize Bond Holders!
Looking ahead, the next scheduled draws include the National Prize Bond of Rs. 750 denomination in April 2024, followed by the Premium Prize Bonds of Rs. 40,000 and Rs. 25,000 denominations in June 2024. These upcoming draws provide further opportunities for participants to engage in the prize bond scheme and potentially win substantial rewards. As always, participants are encouraged to stay informed and keep track of their bond numbers to ensure they don’t miss out on any winnings.