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Article: They're Bonds, Prize Bonds. . .(FEATURES)
- Article from:
- Evening Herald (Dublin, Republic of Ireland)
- Article date:
- April 10, 2007
CopyrightCOPYRIGHT 2007 Independent News & Media PLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Linda Higgins
STUCK for an idea for an unusual gift? Prize Bonds make a thoughtful -- and potentially lucrative -- gift. Prize Bonds are a unique form of risk-free State guaranteed investment, which offer the holder the chance to win cash prizes every week.
Last month, 14,490 tax-free cash prizes were awarded - over EU1.3m in all. The number of prizes awarded so far in 2007 stands at over 37,500, with a total value of over EU3.5m.
Each individual Prize Bond is entered into a weekly draw. There are over 2,200 tax-free prizes every week, ranging from EU75 up to the top prize of EU20,000. There's also a Monthly Jackpot prize of EU150,000.