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A prize bond is a type of savings bond issued by governments, where the bondholder can win a prize instead of earning regular interest. These bonds are typically sold at a fixed value, and instead of interest payments, they enter into regular prize draws. The winners of these draws are awarded cash prizes. Prize bonds are popular in some countries like Pakistan, the UK, and others. In the case of Pakistan, for example: Prize bonds can be purchased in different denominations (e.g., PKR 100, 200, 750, 1500, etc.). The holders of these bonds are eligible for various cash prizes drawn by the government, ranging from smaller prizes to large jackpots. There are also regular draws, and winners are selected randomly. <a href="https://oldisgoldmobile.com/">old is gold mobile/</a> <a href="https://www.patreon.com/posts/old-is-gold-your-121907991">petreon</a> <a href="https://diigo.com/0yszpb">diigo</a> <a href="https://www.dailystrength.org/journals/old-is-gold-mobile-guide-to-prize-bonds-in-pakistan">daily post</a>