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Dáil Éireann debate -
Wednesday, 30 Oct 1968

Vol. 236 No. 10

Ceisteanna—Questions. Oral Answers. - Prize Bond Draw.

4.

asked the Minister for Finance if he will consider introducing a weekly prize bond draw for a substantial prize.

The amount invested in Prize Bonds is not sufficient to justify the holding of a weekly draw.

Would the Minister consider something more frequent than the present draw, say monthly rather than half-yearly?

I am afraid not. The total amount invested is £30 million and weekly or monthly draws would be too constant.

Would the Tánaiste not agree that people might be tempted to invest a little more there rather than in some of the gambles they indulge in?

Ah, well.

"Ah, well" is not an answer.

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