PESHAWAR: The next draw for the Rs1,500 prize bond will be held on Monday, August 17, 2026, giving bondholders another chance to win cash prizes worth millions of rupees.
The National Savings Centre Faisalabad will conduct Draw No. 107, with the top prize of Rs3 million going to one lucky winner. Three winners will receive the second prize of Rs1 million each, while 1,696 people will win the third prize of Rs18,500 each.
Thousands of prize bond holders across Pakistan are expected to check their bond numbers after the draw in the hope of finding their name on the winning list.
Prize bonds are available to Pakistani citizens through National Savings Centres and designated commercial banks across the country. Unlike many other investments, the original amount invested in a prize bond remains secure and can be encashed.
Winners should also keep in mind that prize money is subject to withholding tax. For the 2026 tax year, people listed on the Active Taxpayers List (ATL) will pay 15% tax on their prize winnings, while non-filers will face a 30% tax.
The tax is deducted under Section 156 of the Income Tax Ordinance, 2001, and is treated as final tax. The complete list of winning bond numbers will be released after the draw, allowing bondholders to check whether their Rs1,500 bond has brought them a financial benifit.
Read also: Big news for citizens holding prize bonds worth Rs 1500
