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



HAILSHAM SEAGULL

Well-known member
Nov 9, 2009
10,360
Blank for me this month but Mrs HS copped £225
 




jabba

Well-known member
Jul 15, 2009
1,347
York
After reading this thread, and looking for ways to tuck away some of the money our daughter has as investments, I told the wife stick some in Ernie. Maximum invested and first draw, diddle squat, hmmmm I hope over the year she gets lucky.
Have to be in the system for a month before being entered, so if that's the case for you, fingers crossed for next draw.
 










jcdenton08

Offended Liver Sausage
NSC Patron
Oct 17, 2008
15,023
Open question - how much money did you put in before you won anything?
 


dazzer6666

Well-known member
NSC Patron
Mar 27, 2013
56,058
Burgess Hill
Open question - how much money did you put in before you won anything?
No idea...........had £5 in for about 40 years before we started putting more in but couldn't say when prizes started (other than it wasn't in that first 40 years :laugh: )

Statistically, if you've got around £21,000 in you should get one prize every month
 


Mustafa II

Well-known member
Oct 14, 2022
1,905
Hove
Best win ever for me this month (after 4 months of blanks). £500 from a £9k holding.

Best ever win for me too. £200 from a £7.5k holding.

My record over the last year has been insane - beating even the very best savings accounts available by a considerable margin.

My head says keep using the best savings accounts for guaranteed returns but... my heart says stick some more cash into the premos - it almost feels like the £ million prize is inevitable at this point!
 




Insel affe

HellBilly
Feb 23, 2009
24,497
Brighton factually.....
Have to be in the system for a month before being entered, so if that's the case for you, fingers crossed for next draw.
oh, ok we only got them two weeks ago, that is comforting and saves a bollocking for not getting a return yet.
 


Neil

Eastie
Aug 27, 2010
751
Langney
After reading this thread, and looking for ways to tuck away some of the money our daughter has as investments, I told the wife stick some in Ernie. Maximum invested and first draw, diddle squat, hmmmm I hope over the year she gets lucky.
2 months before it goes in the draw
 






Shropshire Seagull

Well-known member
Nov 5, 2004
8,822
Telford
Moved all our £20k PBs into high interest easy access cash ISA. No chance of winning big but getting almost £100 every month.

I think PBs are for those who are either already maxed out elsewhere on tax efficient savings or like the "flutter" of win-big versus win-nowt with stake protection. No right or wrong answer.
 


alanfp

Active member
Feb 23, 2024
114
Moved all our £20k PBs into high interest easy access cash ISA. No chance of winning big but getting almost £100 every month.

I think PBs are for those who are either already maxed out elsewhere on tax efficient savings or like the "flutter" of win-big versus win-nowt with stake protection. No right or wrong answer.
It's a 'flutter', but you are guaranteed to win £1M .... or you can get your stake back if you don't!
 






Shropshire Seagull

Well-known member
Nov 5, 2004
8,822
Telford
It's a 'flutter', but you are guaranteed to win £1M .... or you can get your stake back if you don't!
"you are guaranteed to win £1m" is an incorrect statement!

If only that were true.

"Someone will ..." but "you" are most definatly NOT guaranteed to.

Many, many more will win zilch that £1m
 






Clive Walker

Stand Or Fall
Jul 5, 2011
3,606
Brighton
Open question - how much money did you put in before you won anything?
i've had a few hundred/thousand for many years and scooped around £25 one in a blue moon. When I lumped in extra to make my holding £9k i started wining something every other month.

balancetranswinnings
May-23​
1907​
130​
0​
Jun-23​
2150​
243​
0​
Jul-23​
2275​
125​
0​
Aug-23​
2425​
150​
0​
Sep-23​
2525​
100​
0​
Oct-23​
2700​
175​
0​
Nov-23​
2825​
125​
0​
Dec-23​
2925​
100​
0​
Jan-24​
3050​
125​
0​
Feb-24​
3425​
375​
0​
Mar-24​
8725​
5300​
0​
Apr-24​
9000​
275​
0​
May-24​
9100​
100​
0​
Jun-24​
9225​
125​
0​
Jul-24​
9325​
100​
150​
Aug-24​
9630​
305​
25​
Sep-24​
9805​
175​
25​
Oct-24​
10163​
358​
0​
Nov-24​
11031​
868​
100​
Dec-24​
12210​
1179​
0​
 




alanfp

Active member
Feb 23, 2024
114
"you are guaranteed to win £1m" is an incorrect statement!

If only that were true.

"Someone will ..." but "you" are most definatly NOT guaranteed to.

Many, many more will win zilch that £1m
Obviously, otherwise we'd all be millionaires on a £100 holding... but my sentence in full read "or you get your money back".
 




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