Why Prize Bonds

You can buy Prize Bonds easily and accumulate your holdings over time. Every Prize Bond is in to win €1 million twice a year and up to €50,000 in all other weekly draws.

Product Highlights

  • Secure - 100% protected by the State
  • Be in to win up to €1 million
  • Weekly prize draws
  • Tax Free Prizes

What are Prize Bonds?

Prize Bonds

You can buy Prize Bonds easily and accumulate your holdings over time. Each Prize Bond is in every weekly draw with the chance to win a prize. When you need your cash, you can withdraw your money with 7 days notice.


Prize Bonds never expire and may be held for as long as you choose. You can cash your Prize Bonds in  at any time after the minimum holding period of 90 days and you will receive the full face value on your Prize Bonds within 7 working days.

Save to Win

Instead of earning interest on your savings, Prize Bonds are entered into a weekly draw with a chance to win cash prizes.

Win up to €1 million

Prize Bonds are entered into our weekly draw for thousands of cash prizes up to €50,000 and a €1 million prize twice a year. 


The names of Prize Bonds winners are not disclosed to anyone other than the winner.

Tax Free Prizes

Prize Bond winnings are not subject to Deposit Interest Retention Tax (DIRT), Income Tax, Capital Gains Tax or Pay Related Social Insurance (PRSI).

No Fees or Charges

No fees, commissions or transaction charges on purchases or redemptions.

Easy to Buy

Buy online, by Direct Debit, in Post Offices, by Post or over the phone. Minimum purchase €25 (4 Prize Bonds) up to maximum €250,000 (40,000 Prize Bonds) per individual or €500,000 (80,000 Prize Bonds) jointly.

Over Sixty Years of Service

Irish people have saved to win with Prize Bonds since the scheme was launched in 1957.  In 2018 over 224,000 prizes were awarded.

Secure State Savings

Prize Bond savings are 100% protected by the State.

Buy Prize Bonds

Be in with a chance to win, each and every week.

Whatever the occasion, Prize Bonds make an ideal gift.

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