LAHORE, Punjab: The National Savings Centre is scheduled to conduct the Rs750 prize bond draw No. 107 today, offering a first prize of Rs1.5 million.
The computerised balloting will determine the winning bond numbers across three prize categories. One holder will receive the first prize, while three winners will each receive Rs500,000.
The draw will also award Rs9,300 each to 1,696 third-prize winners.
Cash prizes are subject to withholding tax based on the winner’s tax status. Tax filers face a 15% deduction, while non-filers pay 30%.
Read: Prize Bond Tax Stays at 15% for Filers, 30% for Non-Filers
A filer who wins the Rs1.5 million first prize will receive Rs1.275 million after tax. A non-filer will receive Rs 1.05 million.
Second-prize winners will receive Rs425,000 if they are filers and Rs350,000 if they are non-filers. The Rs9,300 third prize will fall to Rs7,905 for filers and Rs6,510 for non-filers after withholding
