x

Abu Dhabi, UAEWednesday 14 November 2018

Five ways to win big cash prizes in the UAE

From bank draws to airport raffles, here are five of the largest jackpots you can walk away with:

The latest Dh1 million prize draw for Dubai Duty Free Millennium Millionaire was held earlier this month. Photo: Dubai Duty Free
The latest Dh1 million prize draw for Dubai Duty Free Millennium Millionaire was held earlier this month. Photo: Dubai Duty Free

Big Ticket Abu Dhabi Duty Free

How much: Entrants can win up to Dh12 million in a monthly cash draw. The prize amounts vary month to month, but always include one grand prize winner and several consolation prizes. There is also a monthly car draw called Big Ticket Dream Car where one winner receives a luxury motor, such as a BMW or Jaguar Land Rover.

How to win: Tickets can be bought online at bigticket.ae or at various points at Abu Dhabi International Airport or at the City Check-in Terminal in Abu Dhabi Tourist Club Area and in Al Ain Airport. There is no cap or limit to the total number of participants per month in the cash draws. Car draws have a specific number of tickets, such as 3,500. The maximum purchase an individual can make per month is Dh10,000.

National Bonds

How much: Monthly prizes range from Dh50 to Dh100,000 every month and there is a quarterly grand prize of Dh1m grand prize. Some are specifically designated, such as two monthly prizes of Dh10,000 for women and two for minors.

How to win: The minimum purchase is Dh100 (10 units of Dh10), however there is a minimum balance fee of Dh20 for accounts of less than Dh3,000. To increase the chances of winning, customers can sign up for myPlan which offers two chances per bond for a 12-month contract, three chances per bond for a 24-month plan and four chances per bond for a 36-month plan. Customers with higher amounts, also increase their chances of winning: those with a holding of Dh100,000 double their chances, while those holding Dh250,000 triple their chances.

Customers increase their chances of winning the longer they hold their bonds and also earn profit on them. Bonds are available at 556 nationwide locations including exchange houses and selected banks as well as online at www.nationalbonds.ae.

_________

Read more:

'We won big cash prizes in the UAE'

Is cash about to make its long-awaited comeback?

85% of UAE residents still not saving enough for their future: National Bonds

How to avoid poverty after becoming a multi-millionaire

_________

Dubai Duty Free Millennium Millionaire

How much: $1m twice a month if the series of 5,000 tickets is sold out.

How to win: Tickets cost Dh1,000 each and are available to passengers at counters in departures and arrivals areas of Dubai International Airport as well as some shops and online. There are no restrictions on the number that a passenger can buy but the draw is limited to 5,000 raffle tickets.

Kunooz Savings Account draw

How much: There is a monthly prize of Dh1m, or a luxury car or Dh200,000 in a savings account as well as three daily prizes of Dh3,000 each.

How to win: Every Dh1,000 deposited into Emirates Islamic Bank's Kunooz Account enters a customer into the daily cash prize draw. Every Dh5,000 deposited enters the customer into the monthly grand prize draw . Customers also earn profit on their monthly average balances, which are paid quarterly. To qualify for the draw, customers must open a Kunooz Savings Account with Emirates Islamic and maintain a minimum balance of Dh3,000.

Mashreq Millionaire

How much: The grand prize of Dh1m is drawn every calendar quarter and there are 50 monthly prizes of Dh1,000 each and three prizes of Dh5,000 each.

How to win: Customers can purchase the certificates from any Mashreq Bank branches, from the call centre or online at Mashreqbank.com. Each certificate costs Dh1,000, with all certificates included in the draws. Customers do not earn any interest on their account. A minimum of five certificates must be purchased with every transaction. Account holders can also apply for a credit card and use an overdraft facility, that allows them to claim up to 95 per cent of their original investment. Customers who use this are still eligible for the draw.