Dáil Éireann Debate, Tuesday - 25 July 2023
309. Deputy Michael McNamara asked the Minister for Finance if there is a cut-off point past which prize bond winnings cannot be claimed; if so, if he will provide the occurrences of such in each of the past 20 years, in tabular form; and if he will make a statement on the matter. [36133/23]
View answerI am advised by the National Treasury Management Agency who manage State Savings that there is no cut-off point for claiming prizes.
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.
