One Clare person is €50,000 richer following this week’s prize bond draw.
Lucky Prize Bond number YX 406933 held in County Clare purchased in 2015 was the top prize amongst 6,400 awarded in this week’s Prize Bond Draw.
In addition to a €1 million prize awarded on the last weekly draw of each quarter (March, June, September & December) there are weekly draws where the top prize is €50,000. Other cash prizes awarded each week include 10 of €1,000, 10 of €500 and over 6,000 of €50.
Prize Bonds are a State Savings product which, instead of paying interest, offers bond holders the chance to win cash prizes every week. All winnings are tax-free, and Prize Bonds can be cashed in at any time after the minimum holding period of three months.
Founded in 1957, the Prize Bonds draw is Ireland’s longest running prize draw. The unit price of a Prize Bond is €6.25 with a minimum purchase of four units, at a total cost of €25. All eligible Prize Bonds enter a weekly cash draw with currently over 6,000 prizes.