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Over €3.5 billion in prize bonds held at end-2019

Gross sales of prize bonds reached €537 million in 2019
Gross sales of prize bonds reached €537 million in 2019

Over half a billion euro of prize bonds were sold last year, according to the latest report from the Prize Bond Company.

Gross sales reached €537 million, a reduction of 6% on the previous year.

It brought the total value of the prize bonds fund at the end of 2019 to €3.655 billion.

That was an increase of 7% on the figure at the end of 2018.

It was also the highest in the scheme's history.

The number of cash prizes won by holders of prize bonds increased by 10.5% to almost 250,000 while the value of prizes awarded increased by 7.2% to reach €17.6 million.