How do they work?

Where can I buy Prize Bonds?

Can I purchase Prize Bonds as a Gift?

I have Prize Bonds for 40 years, what has happened to them?

When are the draws?

How do I know if I've won a prize?

How do they work?
Prize Bonds are purchased in units of 6.25. There is a minimum purchase of 4 units costing 25.

Each eligible Prize Bond is entered into a weekly draw with prizes ranging in value.

The top monthly prize is 1,000,000 and is awarded in the last draw of every month. A top weekly prize of 20,000 is awarded each week, other than when the monthly 1,000,000 prize is awarded. Over 4,000 75 prizes are also awarded each week.

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Where can I buy Prize Bonds?
Prize Bonds can be purchased online on this website, at your local Post Office, by telephone or by post. Direct debit payment can also be arranged through these channels.

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Can I purchase Prize Bonds as a Gift?
Yes, Prize Bonds are an excellent gift idea.

When purchasing at the Post Office, you can request a gift wallet. Into which you can place your receipt. The receipt has the value of the purchase and the recipient's name on it. You can then give this gift wallet to the recipient. The actual Prize Bonds will issue within 7 to 10 working days.

When purchasing online via this website, you can print a Gift Certificate. This certificate has the purchasers name, the recipient's name and the value of the purchase. You can give this certificate to the recipient. The actual Prize Bonds will issue within 7 to 10 working days.

Please remember to give the Gift Certificate/Receipt to the recipient, as the issued Bond Certificate only has the Bond holder name.

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I have Prize Bonds for 40 years, what has happened to them?
Your Prize Bonds are included in every draw until you cash them in. All Prize Bonds, regardless of how old they are, stand an equal chance, relevant to the unit value, of winning a prize in every draw. Even if one of your Prize Bonds wins a prize it is included in every draw after that and still has as good a chance of winning.

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When are the draws?
The draws take place every Friday in The Prize Bond Company Office, 3B GPO, O'Connell Street, Dublin 1 at 12.30pm. The presentation of the results can be viewed live at An Post, Investment Advice Centre, Andrew Street, Dublin 2.

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How do I know if I've won a prize?
All prize winners are contacted following each draw. In order to maintain confidentiality and security, correspondence is sent in plain envelopes. For prizes worth 250 or less a cheque is enclosed. For any prizes worth more than 250 a form is enclosed in order for the investor to claim their prize.

To ensure that you can be contacted to claim your prize, it is important that you inform us - by signed mail or fax - if you change address.

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What happens to unclaimed prizes?
Very few prizes are not claimed, but if someone does not claim their prize within 6 months of the draw date, the prize is entered onto our unclaimed prizes database. The prize is then held until the holder comes forward to claim it.

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How do I cash in my Prize Bonds?
Prize Bonds can be cashed in at any time after an initial holding period of three months. Simply complete a repayment form (also available at all Post Offices) and send it to The Prize Bond Company Ltd., FEXCO Centre, Killorglin, Co. Kerry.

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How many can I buy?
Prize Bonds are purchased in units of 6.25, with a minimum purchase of 4 units for 25 .

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Do I pay tax on my winnings?
No. In Ireland all Prize Bond winnings are completely tax-free and are not liable to D.I.R.T. (Deposit Interest Retention Tax), Income Tax, or Capital Gains Tax.

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How many prizes are there?
There are prizes with each draw every week. The following is the prize structure:

	Monthly 1 Million Prize
	- The monthly 1 Million Prize is awarded in the last draw of every month.
	Weekly Top Prize 20,000
	5 Prizes @ 1,000
	10 Prizes @ 250
	Over 4,000 @ 75

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Are the prize winners announced?
Winning prize numbers are displayed on this website and on Threetext, TV3's text service. The top 6 winning prize numbers are available on request from Post Offices. However the winning names, addresses and details of bonds held are strictly confidential.

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Can Prize Bonds be transferred?
Yes. Callsave 1850 67 1000 and ask for the Prize Bond application for transfer of Bonds form. Transfers can be made for any 6.25 unit or multiple thereof.

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What happens to my Prize Bonds if I die?
Prize Bonds registered in the name of a Bondholder who has died may be dealt with in the following ways:
They are payable to the nearest living relative (Next-of-Kin) or to the Legal Personal Representative of the Estate. Bonds may be re-invested in the purchase of new Bond numbers; Bonds may be transferred to other persons.

If you are dealing with the estate of a Deceased Bondholder, you should write to the Prize Bond Company Ltd., FEXCO Centre, Killorglin, Co. Kerry enclosing the relevant Bond Certificates together with a note requesting the above options and enclose the following document:
a) Proof of Death: original document bearing the official date of death such as Death certificate, Memoriam Card, Newspaper Obituary Notice.
b) Where there is a will available the original or a certified copy of this document should be enclosed to verify who is/are the executor(s) of the Estate.
c) If there is a Grant of Representation available, the original or a certified copy should be enclosed.
d) Full details of all variations of names and addresses used by the Deceased at any time since March 1957, when the Prize Bonds scheme began.

On receipt of your letter, we will conduct a full search of the records based on the information you have supplied and will respond in writing as soon as possible, giving a statement of the value of the Bonds registered in the name of the Deceased, and enclosing the relevant forms which should be completed and signed by:
1. The nearest living relative (Next-of-Kin);
or
2. The Legal Personal Representative(s) as declared in the documents governing the Estate.

The necessary forms are available at callsave 1850 67 1000

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What are the chances to win a prize if you have for example €1,000 invested?
A customer with 1,000 invested has a 4.2 to 1 chance of winning a cash prize in a 12 month period.

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Do I have any statutory requirements?
In accordance with the Criminal Justice Act,1994, purchasers must provide their date of birth and may be required to provide proof of (1) name and (2) address.

In accordance with the Finance Act 2004 purchasers who do not already hold Prize Bonds will be asked to provide proof of (1) name, (2) address, (3) country of residency and (4) tax reference number (or place and date of birth if a tax reference number is not available), in the event of winning a prize.

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Is my Prize Bond included in every draw?
A registered bond is included in every draw until it is encashed. With Prize Bonds you are eligible to win not just once, but every week for as long as you hold your bonds. Each individual bond is eligible to win one prize in every draw.

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Any other queries?
Contact Prize Bonds with any further queries.
Email: info@prizebonds.ie
Telephone: +353 1 705 7100
Fax: +353 1 705 7473