Wednesday, 17 February 2021

Questions (145)

Mattie McGrath

Question:

145. Deputy Mattie McGrath asked the Minister for Finance the amount of prize money paid out on behalf of the National Treasury Management Agency prize bonds in 2020; and the percentage breakdown of this amount which was paid in respect of bonds purchased in 2020 and in each of the preceding calendar years. [8062/21]

View answer

Written answers (Question to Finance)

The NTMA have supplied the table below in response to the Deputy's question.

Year

Prizes Paid €m

Distribution of value of prizes in 2020 by year of purchase €m

% Distribution of value of prizes in 2020 by year of purchase

2020

19,242,050

1,534,950

8%

2019

2,129,800

11%

2018

1,977,100

10%

2017

1,689,750

9%

2016

1,925,500

10%

2015

2,391,100

12%

2014

1,071,150

6%

2013

957,900

5%

2012

849,450

4%

Pre 2012

4,715,350

25%

19,242,050

100%

Note: Although the NTMA has provided the analysis contained in the table above, they emphasise that all draws are random and therefore the year in which a bond is purchased does not play a role in the probability in winning a prize. Over time, the percentage of bonds outstanding in any year should proportionately win that proportion of prizes.