Prize bonds often described as a secure investment have captured the imagination of countless individuals in Pakistan.
These government-backed lotteries, administered by National Savings under the State Bank of Pakistan (SBP), have withstood the test of time and continue to offer a dependable means of growing one's wealth.
While some may liken them to buying a lottery ticket, the unique feature of prize bonds is that even if you don't strike it lucky, you don't lose your initial investment.
The National Savings and State Bank conduct regular lucky draws, awarding substantial cash prizes to the fortunate bondholders. The primary purpose behind the issuance of these bonds is to raise funds for the government, but for investors, it's a secure way to preserve the value of their money.
2023 prize bond draw schedule
kicked off on January 1st and extends through December 15th, 2023. Bonds are available in various denominations, including Rs100, Rs200, Rs750, Rs1500, Rs7500, Rs15000, and Rs40000.
Here's a rundown of the draws that have taken place and the upcoming ones to look forward to:
- August 15, 2023: Peshawar and Karachi were the cities hosting the prize bond draws for denominations of Rs1500 and Rs100, respectively. Winners were announced, and some fortunate bondholders celebrated their windfalls.
- September 11, 2023: On this date, Quetta and Sialkot witnessed the draw for Rs40000 and Rs25000 prize bonds. Winners had reason to smile, as the draw brought financial rewards to their doorsteps.
- September 15, 2023: Hyderabad saw the lucky draw for Rs200 prize bonds, and some bondholders had reason to cheer.
- October 16, 2023: Mark your calendars for the upcoming draw for Rs750 prize bonds in Muzaffarabad. It's a chance to turn your bond into a fortune, and the anticipation is building.
- November 15, 2023: Faisalabad and Lahore will host the draws for Rs1500 and Rs100 prize bonds. It's a golden opportunity for bondholders in these cities to potentially hit the jackpot.
- December 11, 2023: Karachi and Rawalpindi will see the draws for Rs40000 and Rs25000 prize bonds. The festive season might become even more joyous for the lucky winners.
- December 15, 2023: Multan will be the venue for the final draw of the year, featuring Rs200 prize bonds. Could your bond be the lucky one this time?
In a world where investments can be uncertain, prize bonds offer a level of security and excitement that keeps investors engaged. As the draws continue throughout 2023, the hopes and dreams of many ride on these numbers, as they eagerly await the chance to transform their bonds into a financial windfall.
