Galway winner claims €50,000 in prize bonds draw

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Galway Daily news Galway winner claims €50,000 in prize bonds draw

One lucky individual in Galway has gotten a welcome €50,000 surprise to kick off the weekend in today’s Prize Bonds draw.

Prize Bonds are a State Savings product which, instead of paying interest, offers bond holders the chance to win cash prizes every week.

The lucky Galway owner won their €50,000 prize with a bond purchased in 2018 with the number ALK452954.

There are a total of 214 prizes going to Prize Bond holders in Galway this week.

Along with the €50k star prize, another person won €1,000 with the bond ASX590998, and a €500 prize came off the bond ACD415805.

On top of the weekly draws with a grand prize of €50,000 up for grabs, there are also four special draws each year with a top prize of €250,000.

All winnings are tax-free, and Prize Bonds can be cashed in at any time after the minimum holding period of three months.

Founded in 1957, the Prize Bonds draw is Ireland’s longest running prize draw.

A total of €302,600 in prizes were won by 4,773 people in this Friday’s draw. There were a total of 10 winners of the €1,000 prize, and another 10 €500 prize winners.