Winning with Bonus Bonds
What can you win?
Every month there's a Bonus Bonds prize draw with tax-free prizes of:
- 1 prize of $1 MILLION
- 1 prize of $100,000
- 1 prize of $50,000
- Multiple prizes of $5,000, $500, $100, $50 and $20.
The mix of prizes in a month may vary, but major prizes will include no less than one $1 MILLION prize, one $100,000 prize and one $50,000 prize.
When are your Bonus Bonds eligible to win prizes?
Your Bonus Bonds are eligible to win prizes after you've held them for one complete calendar month. For example, Bonus Bonds purchased anytime during March will be included in monthly prize draws from May onwards and they'll continue to give you chances to win every month until you cash them in.
How will you know if you've won a prize?
Results are announced on the second Tuesday of each month and announced here.
MyBonusBonds allows you to manage your Bonus Bonds online, so if you've signed up for MyBonusBonds you'll get an email to let you know you've won a prize. Otherwise a letter will be sent to your mailing address. The bondholding numbers of the major prize winners will also be published here each month.
Bonus Bonds prizes are tax-free
Under current New Zealand taxation law and practice, you do not have to pay income tax on prizes received in respect of your Bonus Bonds where these prizes are paid out of the assets of the Bonus Bonds Trust. You do not need to declare such prize winnings in your tax returns.
Your prize winnings will be reinvested in your name even if you have moved and we do not have your new address. If you chose to receive your prizes by cheque (note that this option is no longer available) and the cheque is not deposited into your account within six months of its issue date, the prize money will be automatically used to purchase more Bonus Bonds in your name.