Sales of Prize Bonds topped €350 million last year, according to the latest annual report from the Prize Bond Company.
During 2024, the value of Prize Bond repayments was over €538 million.
The total amount invested in Prize Bonds was €4.46 billion at end of last year.
There were 475,102 prizes awarded in 2024, with a total value of €45.6 million.
Currently, over 8,500 prizes are awarded weekly with a weekly jackpot prize valued at €50,000 and a jackpot prize of €500,000 in the last weekly draw each month.
At the end of last year, unclaimed prizes – prizes not claimed after six months and which have accumulated since Prize Bonds was established in 1957, totalled €3.4 million.
“I am pleased to report this strong performance for 2024,” said Debbie Byrne, Chairperson of the Prize Bond Company said
“This reflects continued customer confidence in Prize Bonds as a unique retail savings product.
“The number of prizes issued increased by 53% in 2024 along with an increase of 89% to the value of these prizes,” she added.
25% of all Prize Bond sales in 2024 were generated online compared with 21% in 2023.
However, the Post Office remains the primary point of sale, with over 45% of Prize Bonds purchased via the network in 2024.
