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You're fooling yourself. If you hold prize bonds most of the time, you are losting money to inflation most of the time. The fact that you cash out each year and start again impacts the amount of money you are holding, but the fact that you are losing out to inflation.I tell myself that the effects of inflation aren't too bad in this case, as I only leave the money there for a year,
How do I know if I've won a prize?
All prize winners are contacted following each draw. In order to maintain confidentiality and security, correspondence is sent in plain envelopes. For prizes worth €250 or less a cheque is enclosed. For any prizes worth more than €250 a form is enclosed in order for the investor to claim their prize.
To ensure that you can be contacted to claim your prize, it is important that you inform us - by signed mail or fax - if you change address
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