Our family (including Late Father) has been investing in prize bonds for last thirty years when there were 5, 10 and 11 rupees prize bonds. I was a little boy at that time. My father won two big prizes but I never won any big prize. I request Pakistani government to eliminate 10 percent tax on the national prize bonds prizes. We hardly win few prizes and pay huge tax on it.
We are invigorating Pakistani government by our prize bonds investment but government never encouraged us. After all it is our own obsession since government did not force us to purchase prize bonds. Can you believe it that I did not win a single prize on my Rs. 750 prize bonds draw despite having 800 prize bonds? There looks manipulation in these draws. Government should generate random computerized numbers lists instead of using these Heavy Mechanical Complex mechanical machines.
I am not claiming it due to any grudge. It is scientifically proved. Go to the URL http://www.savings.gov.pk/draws.asp and download lists and see how badly skewed many of the lists are. Statistical dispersion is high. Ask any statisticians and check all lists. Such skewed lists indicate corruption. People can fix many prizes in limited numbers. Computer can generate evenly distributed random numbers
I am loser on my investments with Pakistani government. I earned very little return on prize bonds investment during last twenty years. However, our loss is nothing in comparison with our loss in Bahria Town (Pvt.) and stock exchange investments. Anyhow, I am in the process of changing prize bonds with government securities which gives fix return.