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Prize Bonds

Dáil Éireann Debate, Tuesday - 25 July 2023

Tuesday, 25 July 2023

Ceisteanna (307)

Michael McNamara

Ceist:

307. Deputy Michael McNamara asked the Minister for Finance the mechanism the NTMA uses to ensure that prize bonds winnings are available during the disposal of a deceased person's estate by the estate's executor; and if he will make a statement on the matter. [36131/23]

Amharc ar fhreagra

Freagraí scríofa

I am advised by the National Treasury Management Agency who manage State Savings that all Prize Bonds are included in Prize Bond draws until encashed.  Prize money is paid as per response to question 36127/23,  but where historically a cheque was not cashed or the recipients address no longer proved valid all prize winnings are held until claimed by the winner(s) or in the case of the deceased by their estate.

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