Pakistan Announces December 2024 Prize Bond Draw Winners
The State Bank of Pakistan has concluded its latest prize bond draw, held in Quetta, Balochistan, on December 10, 2024. The draw, the fourth of the year for Rs25,000 denomination bonds, saw a total of 700 winners for the 3rd prize of Rs300,000 each, the second prize of Rs10 crores went to 5 lucky winners (053461, 056921, 187297, 249312, & 934808), and the 1st prize of Rs30 crores to two individuals (385325 & 498317).
With prize bond system existing since the 1960s, Pakistan has provided a secure means of savings and investment solutions for the masses. Offering various denominations for a range of investors, bonds provide an ideal ticket tier that suits all classes of savers. Furthermore, the National Savings Schemes is underway to hold its 100th draw for the Rs. 200 prize bond in Sialkot on 16 December 2024, offering substantial returns on investment. In this scheme, larger prizes include the top prize of Rs. 7.5 million, while second and third-place winners have a chance to receive Rs. 2.5 million each and Rs. 1,250, respectively. National Savings, a division of the central bank and model term regulator, oversee the prize bond draw process to ensure transparency.
Despite low chances of winning in prize bonds, their popularity has not wavered among the public. Pakistanis can buy bonds in various denominations but mostly ranging between Rs. 1,000, Rs. 15,000, Rs. 25,000, and Rs. 40,000. With a 100th Rs. 200 denomination now, giving Pakistanis another chance to participate and make timely investments, Pakistan is ready to drive through with another slew of draws including a draw in March, another in June, and the last one in September 2025, highlighting the main protective draw objectives set by central banking officials.
For the full results and further information, the public can check at the National Savings website and various branches where results are posted. Decades of prize bond offerings continue to motivate growth and foster progressive investment opportunities for Pakistani citizens.
