With the draw date approaching, thousands of bondholders across the country are hoping to secure the top cash prize.

Under the announced prize structure, one winner will receive the first prize of Rs700,000, while three second-prize winners will receive Rs200,000 each.

In addition, multiple winners will receive the third prize of Rs1,000 each.

Prize bonds are available for purchase by all Pakistani citizens through designated commercial banks and National Savings Centres nationwide.

Officials said prize bonds remain a popular investment option as the principal amount is fully secure and can be encashed at face value at any time without deductions.

Tax deduction

For the 2026 tax year, prize winnings will be subject to a 15% withholding tax for filers listed on the Active Taxpayers List (ATL) and 30% for non-filers.

Under Section 156 of the Income Tax Ordinance, 2001, the deducted tax is treated as final tax and cannot be refunded or adjusted against other taxable income.