Prize Bonds

SPM1959

Found a lot of them in some old stuff today in my house. Have them now nearly 30 years and never won anything on them.

Asked the rest of my family who were there - prize bonds were regularly given as presents by our relations back then - and none of them had any winnings either.

Has anyone on here actually won on them? If so, how much?

Crunchienut

€75 a few years back and €50 last March - out of an investment of around €1000 bought in small amounts over maybe 25 years

gipi

There was one bought for me when I was born - it was cashed in 40 yrs later and had never won a penny!

whiskeyman

Check the markets / investment forum.


http://www.boards.ie/vbulletin/showthread.php?t=2056292513
That thread will keep you busy!!

fryup

€50 back in november

ytpe2r5bxkn0c1

€50 last month on 1 of 2 bought in 2001.

Senna

My mum has £50 worth of them for about 40 years, I checked them online last year and not a penny.

SPM1959

Strange no one seems to know anyone who has won 'big' on these.

dxhound2005

Some lucky person in Laois got a bond this week and won €50K today. I got a bond issued 2 Feb in the YQ series and this one is YR. The draw appears every Friday at 12.30.

https://www.statesavings.ie/PrizebondsApp/DrawResults.aspx

Every week Dublin and Cork between them get more than half the winners.

Wacker The Attacker

I only own €100 worth.

kneemos

Does the prize remain for the life of the bond holder or is there a expiry date like the Lotto.

Garycall

My uncle gifted me 100 euro in prize bonds last week and gave me a receipt in a card, how do I check them online? He bought them from a post office so the receipt is from them , just wondering how do I find what number bonds I have?

Aongus Von Bismarck

An idiotic investment.

murphm45

Aongus Von Bismarck wrote: »

An idiotic investment.

We can't ask be finance gurus!!

To be fair they're hardly investments, but they're effectively arbitrage opportunities so in some ways they're the perfect investment choices.

Just out of curiosity does anyone still buy these? They actually used to be handy presents but the money laundering requirements put the kibosh on that.

Back to the ops question I one £100 years ago when I was a teenager, I was quite pleased at the time. I don't think id ever seem as much money before!

dxhound2005

Aongus Von Bismarck wrote: »

An idiotic investment.

Not for the person in Wexford who won €50,000 today with a bond bought in the last couple of weeks.

https://www.statesavings.ie/PrizebondsApp/DrawResults.aspx

If you have a spare €1000 it could be worth a try for a year. Your 160 bonds enter a draw with over 7,000 prizes every week. If you win one prize of €50 in the year that is a 5% return tax free. If you win nothing you are €20 worse off than the best return you can get elsewhere without putting your capital at risk.

SEPT 23 1989

do they still spin the tickets in a drum the size of a 747?

Muir

I got €125 worth 3 years ago as a present and won €50 a few months ago.

To Elland Back

An Aunt won €100k on them a few years back. We all got a tickle out of it,which was sweet.

Wacker The Attacker

I only own €100 worth.

dxhound2005

Wacker The Attacker wrote: »

I only own €100 worth.

You should diversify that portfolio.

fleet_admiral

Genuine question

How do you know if you have won? Is it up to you to check or do they let you know?

Wacker The Attacker

dxhound2005 wrote: »

You should diversify that portfolio.

Theres a lot of eggs in that basket alright

Wacker The Attacker

fleet_admiral wrote: »

Genuine question

How do you know if you have won? Is it up to you to check or do they let you know?

They let you know

ohnonotgmail

SEPT 23 1989 wrote: »

do they still spin the tickets in a drum the size of a 747?

That was the Irish Hospitals Sweepstake http://upload.wikimedia.org/wikipedia/en/1/10/Irish_hospitals_sweepstake.jpg

Agent Smyth

As of the end of March the Prize Bond Fund stands at about €2,254,160,000.
That's 360,665,600 bonds approx.
In March there was over a million euros worth of new bonds purchased every working day.

dxhound2005

Another lucky Wexford person. €1 million winner today with a bond bought in February. Not a bad investment.

https://www.statesavings.ie/PrizebondsApp/DrawResults.aspx

Massimo Cassagrande

dxhound2005 wrote: »

You should diversify that portfolio.

De-worsify?