Prize Bonds draw nets €50,000 for lucky Galway winner

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

One fortunate individual in Galway has had some very good news amidst all the worry in the air during the coronavirus pandemic after winning €50,000 with Prize Bonds.

The top prize in this week’s Prize Bonds draw went to a lucky winner in Galway holding the bond number AKQ 956417, which was bought in 2018.

A night on the town might be out of question right now, with the country mostly shut down to limit the spread of coronavirus, but whoever the lucky winner is might surely enjoy a bit of an online shopping spree to celebrate.

There were over 5,100 prizes awarded in this week’s Prize Bond Draw, amounting to over €319,000 handed to people all over the country.

In addition to a €1 million prize awarded on the last weekly draw of June and December, there are weekly draws where the top prize is €50,000.

Other cash prizes awarded each week include 10 of €1,000 and 10 of €500.

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. Each bond costs €6.25 with a four bond minimum purchase.

They make up part of the range of Ireland State Savings products offered to retail customers by the National Treasury Management Agency.

The scheme is operated on behalf of the NTMA by the Prize Bond Company, a joint venture between An Post and FEXCO.

Prize Bonds can be purchased by Direct Debit, online at www.StateSavings.ie, by telephone to callsave 1850 30 50 60, or at your local Post Office.

Bond holders can check draw results online, and the main winning numbers are also available in most Post Offices.