A Prize Bond is a lottery bond issued in Ireland by the Prize Bond Company. The Prize Bond Company is regulated by the National Treasury Management Agency. Prize Bonds are issued on behalf of the Minister for Finance who will buy them back on request for their original price. The Bonds are entered in a weekly prize draw.
Prize Bonds were first introduced under the 1956 Finance (Miscellaneous Provisions) Act. The first Prize Bonds were issued one year later. The first draw was held in September 1957. Draws were held in March and September each year for the following 35 years. Following the introduction of new regulations in 1993, draws are now held on a weekly basis.
The Prospectus for Prize Bonds was issued by the Minister for Finance in the year 1957 On This Day.
Photo by infomatique 
THE GENERAL POST OFFICE DUBLIN
Howth, Co. Dublin 1959