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

[Mustafa II]

From July the Premium Bonds prize pool has been increased by 0.4% to 3.7%.

Odds remain 24,000 to 1, but there are significantly more £100k, £50k, and £25k prizes.

For perspective, a year ago there were just 6x prizes paying £100k... from July, there will be 71.

What's the most you've ever won on the Premium Bonds? I've literally never won more than £25...! But I think it's a safe place to keep your money, and a bit of a guilt free punt.

 

[Smirko]

Won 3 x 100 & 1 x 25 last month, biggest amount i've won on the PB's

 

[Denis]

I had a few bonds, £500 and never won in 60 years. When interest rates plummeted I put £20,000 into PB. Now I seem to get wins approximately 7-9 times a year. My best was two £100 prizes. Usually it’s £50.

 

[Super Steve Earle]

I have had one since 1958 and another since 1963. Never won a thing. Ripoff.

 

[birthofanorange]

My folks won the jackpot, in 1968 (£5000), which was enough to buy a detached house and money left over for a holiday. My (dear departed) dad's quote in the paper, was, "It won't change my life, I'll still eat at The Dorchester."
(He didn't, btw. )

 

[portslade seagull]

Won about 800 so far this year

 

[Blue&WhiteSea]

£100 last year

 

[Official Old Man]

I've £60 of bonds left to me by my Grandmother about 40 years ago. Won ziltch, zero, nada, absolutly nothing.
How do I know, I just happened to find them recently and looked online.

 

[The Lemming Stomper]

Won £1000 a couple of months ago but usually between £50-£100 a month

 

[Boroseagull]

Top win £500 some time ago. But regular £25 and £100's recently.

 

[Coldeanseagull]

Usually a couple of hundred a month between us

 

[dazzer6666]

Typically our prizes spread over the year are more or less bang on whatever the interest rate is. I’m ahead this year though as had a £1000 win a couple of months ago (biggest I’ve had).

 

[Biscuit Barrel]

Have won a few £25's and a few £50's.

A family member won about £650 a couple of months ago.

 

[Beach Hut]

Biggest £500

 

[BrightonCottager]

£50 once, 25 a few times

 

[bluenitsuj]

I average about £150 a month in prizes.

 

[scooter1]

I’ve posted this before on a previous thread, but I borrowed £5k to put towards my current car whilst the interest rates were low, and put the £5k I had saved into PB’s. It was an experiment to see if I could win more than the interest I would have to pay over the 3 year loan term. Anyway, I’ve made at least 3 times the interest on the loan and still have 7 months to go.
As interest rates are creeping up, I suspect ISA’s and whatnot will become better earners, but PB’s have worked ok for me. And it’s been a bit of fun checking the app once a month around the 3rd or 4th

 

[arewethereyet?]

£450 the last 6 months.

 

[GT49er]

When I'd stuck a pound's worth of Post Office Savings stamps on the card, I would use it to buy a Premium Bond back in 1950s Polegate. I bought a few more over the years. I got £50 in 1973, but that's the lot!

 

[Mileoakman]

I've had £3750 in the last 18 months. Most was £375 in one month but usually around £50 to £75. Haven't missed at least one prize each of those months.