The National Savings Division conducted the Rs1500 Prize Bond Draw No. 99 today, 15 August 2024, in Multan.
The first prize of PKR 3,000,000 has been awarded to the bond number 439845. Meanwhile, three winners have claimed the second prize of PKR 1,000,000 each, with the winning numbers 394976, 498391, and 555206.
As per tradition, a large number of participants are eagerly awaiting the detailed list of smaller prizes. A total of 1696 winners will each receive PKR 18,500.
Prize Bond overview
Prize bonds are a popular financial instrument in Pakistan, issued by the National Savings Division. Unlike typical investment options, prize bonds do not offer interest. Instead, they provide the chance to win substantial cash prizes through quarterly draws. These bonds are backed by the government, with the draws managed under the supervision of the State Bank of Pakistan.
Participants essentially lend money to the government by purchasing these bonds, with the hopes of their numbers being drawn for a prize. This system not only provides individuals with a chance to win big but also contributes to the nation's financial resources.
