The former Munster and Ireland out-half was speaking at an event in the town of Rugby in England as he became just the 12th Irish man to receive the honour.
The Cork man went on to coach at Racing 92 following his retirement from the game and is currently working with Super Rugby outfit the crusaders in New Zealand.
Career highlights include two Heineken Cup winners medals with Munster, three Lions tours as well as slotting the 2009 Grand Slam winning drop goal.
Speaking to World Rugby O’Gara said sport served as a great distraction in his youth.
“In our generation there wasn’t many distractions, sport was what happens. When Wimbledon was on we used to get a skipping rope and put it across the road and chalk out the [lines].
“We’d Gaelic football in Ireland, tennis, pitch and putt, so there was all kinds of sports. It didn’t necessarily have to be rugby to shape you. You get great values and sporting ability from [most sports].”
O’Gara’s glittering international test career spanned 13 years which saw him amass 1,083 points and remains the Six Nations all time top points scorer with a total of 557.
“It’s pretty spectacular, it’s hugely humbling [to get this honour],” said the 41-year-old.
Liza Burgess (Wales), Stephen Larkham (Australia), Pierre Villepreux (France) and Bryan Williams (New Zealand) were also inducted.
O’Gara joins Brian O’Driscoll, Keith Wood, Willie-John McBride, Basil Maclear, Fergus Slattery, Tom Kiernan, Ronnie Dawson, Mike Gibson, Syd Millar, Tony O’Reilly and Jack Kyle as Irish inductees.