The date for the Rs750 prize bond draw has been announced for April 15 by the National Savings Centre on Tuesday.
According to the details, the prize bond is considered a savings investment in Pakistan because it can be cashed out at any time, and it also provides a chance to win a mega cash prize.
The National Savings Centre is ready for the second draw of the Rs750 prize bond, according to the details.
The draw will be held on April 15 at 10:00 AM, and the winners of the prize bonds will be announced.
Rs750 prize bond draw date Pakistan
The first prize of this bond is Rs1.5 million, while three candidates for the second prize are given Rs5 million, and there are 1696 third prizes. The winners of the third place will be given a cash prize of Rs9300.
| Prize category | Number of winners | Prize amount (PKR) |
|---|---|---|
| 1st Prize | 1 | 1,500,000 |
| 2nd Prize | 3 | 500,000 each |
| 3rd Prize | 1,696 | 9,300 each |
The first draw of the Rs750 prize bond was held on January 15, 2026, this year. In the draw, the first prize of Rs 1,500,000 was won by prize bond number 809258.
It should also be noted that the prize bond scheme launched by the government has two objectives.
The first one is to generate funds for public initiatives, and secondly, to offer a safe way to the citizens of the state without the risk of depreciation of their wealth.
Read more: Results of Rs1,500 prize bond draw announced: details here
What is tax on the prize bond winning amount
According to an official notification, the federal government has announced an increase in the rate of withholding tax on the winning amount of prize bonds and profit on loans.
Under which filers will now have to face a 15 per cent withholding tax on the winning amount of prize bonds.
On the contrary, non filers will be subject to a higher rate of 30 per cent on the same income.
