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Prize Bonds

Dáil Éireann Debate, Tuesday - 10 May 2022

Tuesday, 10 May 2022

Questions (266)

Bernard Durkan

Question:

266. Deputy Bernard J. Durkan asked the Minister for Finance the total number of prizes won by prize bond holders on a monthly basis in each of the past two years to date; the extent to which ongoing supervision and monitoring of the draws takes place; and if he will make a statement on the matter. [22687/22]

View answer

Written answers

The National Treasury Management Agency (NTMA) have supplied the table below that shows the total number of prizes won by Prize Bond holders on a monthly basis in each of the past two years to date:

 Prize Bond Winners from May 2020 to April 2022

Date

No of Prizes per Month

May-20

26,445

Jun-20

21,504

Jul-20

27,260

Aug-20

22,000

Sep-20

22,276

Oct-20

28,165

Nov-20

22,872

Dec-20

23,212

Jan-21

28,725

Feb-21

17,636

Mar-21

15,860

Apr-21

20,150

May-21

16,236

Jun-21

16,384

Jul-21

20,655

Aug-21

16,604

Sep-21

16,680

Oct-21

20,975

Nov-21

16,880

Dec-21

21,230

Jan-22

17,576

Feb-22

17,712

Mar-22

17,876

Apr-22

22,545

The Prize Bond draw is conducted using a computer based, software-driven, random number generation system.  Independent consultants analyse the results of every draw to check for randomness and their reports are submitted to, and evaluated by, the NTMA on a regular basis. In addition, a representative of the NTMA attends every draw to review adherence to the operational procedures set down for the conduct of the draw.

Following each draw, the results of the Prize Bonds draw are publicised on the State Savings website (www.StateSavings.ie) usually from 12:30 p.m.

Prize Bond holders can register for State Savings Online to view their Prize Bond holdings and check if their Prize Bonds have won a prize. Further details are available on www.statesavings.ie.

Question No. 267 answered with Question No. 261.
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