Dáil Éireann Debate, Tuesday - 25 July 2023
303. Deputy Michael McNamara asked the Minister for Finance how many requests for the receipt of prize bonds winnings were made in each of the past 20 years, in tabular form; and if he will make a statement on the matter. [36127/23]
View answer304. Deputy Michael McNamara asked the Minister for Finance how many requests for the receipt of prize bonds winnings returned no prize bonds winnings in each of the past 20 years, in tabular form; and if he will make a statement on the matter. [36128/23]
View answer305. Deputy Michael McNamara asked the Minister for Finance how many requests for the receipt of prize bonds winnings had proof of prize bonds purchases furnished to support a claim in each of the past 20 years, in tabular form; and if he will make a statement on the matter. [36129/23]
View answerI propose to take Questions Nos. 303 to 305, inclusive, together.
I am advised by the National Treasury Management Agency who manage State Savings that Prize Bond winnings are paid automatically with prize winners being notified of all prizes at their registered address.
Up to February 2020 cheques, reinvestment of winning prize or Electronic Funds Transfers (EFT) were processed for Prize Bond winners. Since February 2020, Prize bonds winners may choose for prizes to be automatically paid into their bank account or for prizes to be automatically invested into Prize Bonds.
There is no requirement on holders to claim or request their winnings.
