Dy 3þ doped lead fluoroborate (LFB) glasses (B 2 O 3 þ PbO þ PbF 2 ) have been prepared following conventional melt quenching technique by varying the concentration of Dy 2 O 3 in the order 0.01, 0.1, 1, 2, and 3 mol%. X-ray powder diffraction (XRD), Fourier transform infrared (FTIR), optical absorption, fluorescence emission, and decay curves have been recorded and analyzed. From the optical measurements and based on the Judd-Ofelt (JO) theory, the JO intensity parameters were evaluated and in turn used to evaluate the radiative transition probabilities (A), stimulated emission cross-section (s E P ), radiative lifetimes (t rad ), and branching ratios (b R ) for the various 4 F 9/2 ! 6 H J (J ¼ 11/2, 13/2, 15/2) transitions of Dy 3þ ions in the LFB glasses and these values were compared with the other reported Dy 3þ :glasses. The decay curves of the 4 F 9/2 level were measured and found to be deviate from the exponential nature with the increase in Dy 3þ ion concentration. The luminescence quantum efficiency of the 4 F 9/2 level was also determined and discussed. Differential scanning calorimetry (DSC) curves were used to evaluate the glass stability factor (S) and Hruby's parameter (H R ) through the glass transition (T g ), crystallization (T c ), and melting (T m ) temperatures and these results were discussed and reported.