Money invested in prize bonds declines nearly 30% during 2024 

Last year, people invested just over €350m in prize bonds — a decline of 28.3% from the €489.1m recorded in 2023, report shows

Of the 475,102 prizes awarded last year through prize bonds, 99.5% were valued at €75.

The total value of the State’s Prize Bond fund declined by 4% during 2024, following a nearly 30% decline in the amount of money invested into the savings vehicle, a new report shows.

The latest annual report from the Prize Bond Company,  which administers prize bonds on behalf of the National Treasury Management Agency, shows last year people invested just over €350m in prize bonds — a decline of 28.3% from the €489.1m recorded in 2023.