The National Savings Center in Lahore will hold the first Rs1,500 Prize Bond draw of 2026 on February 16, offering citizens a chance to win substantial cash prizes.
All Pakistani citizens are eligible to purchase prize bonds from State Bank offices, authorized branches of commercial banks, and National Savings Centers by submitting an application along with a copy of their original identity card.
Winners can claim their prize money from any State Bank field office, designated commercial bank branches, or National Savings Centers after completing the official claim form.
According to the announced prize structure, the winner of the first prize will receive Rs3 million. Three winners will each receive Rs1 million as the second prize, while 1,696 winners will be awarded Rs18,500 each as the third prize.
Under the amended tax policy, prize money will be subject to taxation based on the winner’s filer status. Filers will be charged 15 percent tax, while non-filers will be subject to 30 percent tax on their winnings.