Paul Murphy (Dublin South West, RISE)
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327.To ask the Minister for Finance to outline the audit process for Prize Bond draws.[34356/24]

Jack Chambers (Dublin West, Fianna Fail)
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The National Treasury Management Agency (NTMA) have informed me that the the Prize Bond draw is conducted using a computer based, software-driven, random number generation system. The operation of the Prize Bond scheme including the weekly draw is subject to regular internal and external audit.

In addition, a representative of the NTMA attends every draw to review adherence to the operational procedures set down for the conduct of the draw.

Insight Statistical Consulting, Dublin, acting as Independent consultants analyse the results of every draw to check for randomness and their reports are submitted to, and evaluated by, the NTMA on a regular basis.