One lucky Mayo native has won €50,000 in this week’s Prize Bond Star Prize.

The lucky winner holds the number PK 773716.

The winning bond was purchased back in 2011.

In this week’s Prize Bond Draw 4831 prizes have been awarded amounting to over €305,500.

Founded in 1957, the Prize Bonds draw is Ireland’s longest running prize draw.

The unit price of a Prize Bond is €6.25 with a minimum purchase of four units, at a total cost of €25.

Prize Bonds are a State Savings product which, instead of paying interest, offers bond holders the chance to win cash prizes every week.

All winnings are tax-free, and Prize Bonds can be cashed in at any time after the minimum holding period of three months.

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