If you have noticed your neighbour has become a bit flash with the cash of late — there may well be a good reason for it.
A prize bond bought in 1981 — some 29 years ago — has won €1 million for a lucky Kilkenny resident.
The anonymous Kilkenny resident won the €1m in this month’s Prize Bonds Millionaire draw, which was made known last Friday, however, the winner did not discover their win until the post arrived on Tuesday morning due to the bank holiday weekend.
The winning bond number for the €1m prize is X276271 and it was purchased in 1981. A total of €1.4 million was won in last Friday’s draw, which took place at the GPO, Dublin.
While one lucky resident from Kilkenny won the €1m prize other Kilkenny Prize Bond holders have been very lucky with cash prizes totalling close to €200,000 won in the county so far this year.
In addition to the €1m prize awarded on the last draw of every month, at the other weekly draws the top prize is €20,000 with five additional cash prizes of €1,000, 10 of €250 and almost 6,000 of €75.
Michael O’Keeffe, chairman of the Prize Bond Company, said, “congratulations to our new Prize Bond Millionaire from Kilkenny and to almost 6,000 other Prize Bond winners who won in this month’s draw. This year will be a big winning year for Prize Bond holders as we expect to award over €30 million worth of prizes in 2010.”
Prize Bonds are a State Savings™ product which, rather than paying interest, offers bond holders the chance to win cash prizes every week. All winnings are tax-free, and Prize Bonds can be cashed in at any time after the minimum holding period of three months.
Investment in Prize Bonds is 100 per cent secure as the repayment of all money invested together with the payment of prize money is a direct obligation of the Irish Government.
Prize Bond holders can check draw results online at www.prizebonds.ie and can also check them on the TV3 Threetext service on page 699. The main winning numbers are also available in most Post Offices.