Jim was originally a deputy headmaster before trading teaching to launch a stand-up career in the 1960s.
"By accident, Bullseye's catchphrases took off including, "Look at what you could have won", "keep out of the black, and in the red; nothing in this game for two in a bed" and 'BFH - your bus fare home'".
The Lanchashire born star was a popular comic on the working men's club circuit in northern England and became a household name when he began to present Bullseye on ITV in 1981.
As well as Bullseye, Bowen also had a number of TV acting roles, including in Last Of The Summer Wine, Muck And Brass, Jonathan Creek, The Grimleys, and the second series of Peter Kay's Phoenix Nights.
The comedian's wife Phyllis Bowen announced the passing of the comedian on BBC Radio Lancashire this afternoon.
"Our love and thoughts go out to Jim's family".
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The station also said they would re-run a documentary on the game show on Wednesday evening following the "terribly sad news".
"I watched seven hours of Ken Dodd and I watched him completely decimate 7,000 people".
Bowen married his work colleague from his school days, Phyllis, in 1959.
On 27 August 2012, Jim reunited with co-presenter Sally Naden for a one-off show at BBC Radio Lancashire.
In an interview at the time, Bowen said: 'He gave us 12 months of nightmares'.
Bowen said in 2011 that he had learned to "appreciate all the things in life" after suffering two strokes.
"He passed away very peacefully, she was with him".