[Finance] Premium Bonds - prize pool increased again - you ever have any luck?

[birthofanorange]

Zilch…going to draw out half of it and go on holiday


seems like if you don’t have over 30kin there you have no chance

This months £1M winner had only £600 of bonds, purchased 2 years ago.

 

[Publius Ovidius]

This months £1M winner had only £600 of bonds, purchased 2 years ago.

Jeez

 

[birthofanorange]

Jeez

Spawny get, eh?

 

[Publius Ovidius]

Spawny get, eh?

100%

 

[birthofanorange]

100%

More like 1,000,000% !

 

[Biscuit Barrel]

£0 this month on 12K invested.

 

[knocky1]

Jan - 600
Feb - 200
Mar - 300
Apr - 150
May - 150
Jun - 25
July - 300
Aug - 450

2175 on 50k = 6.52%

4.35% over the 8 months, isn't it?

 

[Doonhamer7]

£0 this month

 

[dazzer6666]

4.35% over the 8 months, isn't it?

An annualised return of 6.52% then

 

[Elbow750]

£300 this month (£37k holdings).

 

[A1X]

£200 this month, first win since May

 

[Denis]

2 x £50 this month, on 30k holding.

 

[knocky1]

An annualised return of 6.52% then

Not for Premium Bonds in my eyes. He has to win another £1,100 (rounded up to Bond Prizes from £1087.50) over the next 4 months to get 6.52%.
He may get that, he may get more and he may get less. It's unknown so I wouldn't annualise it.

 

[saafend_seagull]

4.35% over the 8 months, isn't it?

Nope. That’s assuming £0 for the next 4 months.

 

[knocky1]

Nope. That’s assuming £0 for the next 4 months.

10% on £50,000 is £5,000. 5% pa on £50,000 is £2,500.
£2,175 is therefore below 5%.

 

[dazzer6666]

Not for Premium Bonds in my eyes. He has to win another £1,100 (rounded up to Bond Prizes from £1087.50) over the next 4 months to get 6.52%.
He may get that, he may get more and he may get less. It's unknown so I wouldn't annualise it.

That's why I always work on a rolling 12 months.

 

[bluenitsuj]

Bugger all this month

 

[saafend_seagull]

Not for Premium Bonds in my eyes. He has to win another £1,100 (rounded up to Bond Prizes from £1087.50) over the next 4 months to get 6.52%.
He may get that, he may get more and he may get less. It's unknown so I wouldn't annualise it.

Just to keep you happy, it’s 5.4% over last 12 months (£525 sep-dec 2023).

 

[HAILSHAM SEAGULL]

Blob for me and Mrs HS this month. 1st time we've both blanked for over a year.

 

[BrightonCottager]

I have won something this month but have been frozen out of my account because I've forgotten my Password.