Prize Bond Tax and Net Prize Calculator
Enter your gross Prize Bond winning amount and select your taxpayer status.
Tax Deduction = Gross Prize × Tax Rate
Estimated Net Prize = Gross Prize − Tax Deduction
National Savings also states that the tax is deducted at source when prize money is paid.
FBR withholding-tax material identifies Prize Bond winnings under section 156 and shows the ATL rate of 15% and the corresponding 30% rate for a person not on ATL.
Tax rates can change through Pakistan’s tax laws, so the calculator rate should be reviewed whenever Finance Act or FBR withholding rules change.
How Net Prize Is Calculated
The calculation is:
Tax deduction = Gross Prize × Tax Rate
Then:
Estimated net prize = Gross Prize − Tax deduction
For a filer:
Net prize = Gross Prize − 15%
For a non-filer:
Net prize = Gross Prize − 30%
The calculation applies to the prize money, not to the face value of the bond.
For example, if a Rs.1,500 Prize Bond wins Rs.3,000,000, tax is calculated on the Rs.3,000,000 prize. It is not calculated on Rs.1,500.
Prize Bond Tax Example
Suppose the gross prize is Rs.1,000,000.
Filer calculation
Tax:
Rs.1,000,000 × 15% = Rs.150,000
Estimated net prize:
Rs.1,000,000 − Rs.150,000 = Rs.850,000
Non-filer calculation
Tax:
Rs.1,000,000 × 30% = Rs.300,000
Estimated net prize:
Rs.1,000,000 − Rs.300,000 = Rs.700,000
| Status | Gross Prize | Tax | Estimated Net Prize |
|---|---|---|---|
| Filer | Rs.1,000,000 | Rs.150,000 | Rs.850,000 |
| Non-filer | Rs.1,000,000 | Rs.300,000 | Rs.700,000 |
You can check current first, second and third prize amounts by denomination on Prize Detail.
Does ATL Status Matter?
Yes.
ATL means Active Taxpayers List, maintained by the Federal Board of Revenue.
National Savings specifically links the lower 15% Prize Bond withholding rate to persons appearing on ATL. Those not appearing on ATL are currently subject to the 30% rate.
This creates a large difference on higher prizes.
On a Rs.3,000,000 prize:
- filer tax at 15% = Rs.450,000
- non-filer tax at 30% = Rs.900,000
The difference in withholding is Rs.450,000.
The calculator does not determine whether you are actually on ATL. It calculates the result based on the status you select.
Is Tax Deducted Automatically?
National Savings says Prize Bond withholding tax is deducted at source at the time of payment of prize money.
This means the winner normally does not receive the full gross prize first and then separately make this withholding payment.
For example:
Gross prize: Rs.500,000
Filer withholding: Rs.75,000
Estimated amount after withholding: Rs.425,000
For documents, authorized claim channels and the claim process, see How to Claim a Prize Bond.
Premium Prize Bond Tax
Prize money from registered Rs.25,000 and Rs.40,000 Premium Prize Bonds is also subject to withholding tax.
National Savings currently states that withholding tax applies to Premium Prize Bond prize money at:
- 15% for persons appearing on ATL
- 30% for persons not appearing on ATL
National Savings separately states that withholding tax also applies to profit paid on Premium Prize Bonds. Prize money and profit are separate payments.
If you are using this calculator for a Premium Prize Bond prize, enter the gross prize amount and choose the appropriate filer or non-filer status.
Important Tax Disclaimer
This calculator provides an estimated Prize Bond withholding calculation using the current rates published by National Savings and verified against FBR withholding-tax material on 9 September 2026.
It does not determine your ATL status, prepare a tax return, calculate your complete income-tax liability or provide personalized tax advice.
Tax law and withholding rates can change. For an actual prize payment, the official deduction applied by the authorized paying institution and the latest FBR/National Savings rules remain the relevant references.