Premium Bonds

misspuddleduck

Not sure where the best place to post this question is so apologies if this is the wrong section.

I have a premium bond my Mother bought in November 1956 it has never won a prize! I'm just wondering if anyone has an older bond that's never been chosen?

Zanderman

The chances of a single bond winning are small - but it will still be in the draw every month.

It's therefore not unusual even for an old bond to have never won anything.

I have one from the early 1960s that's never won either, but I live in hope....

webjaved

Here's hoping the bond wins something soon!

melymoos

I have 15 from 1980 and none have ever been drawn, I live in hope!

eskbanker

misspuddleduck wrote: »

Not sure where the best place to post this question is so apologies if this is the wrong section.

I have a premium bond my Mother bought in November 1956 it has never won a prize! I'm just wondering if anyone has an older bond that's never been chosen?

It's overwhelmingly likely that a single bond wins nothing, even over a long time - based on current volumes of bonds and prizes, only about one in 40 individual bonds would typically be expected to win any prize over 60ish years worth of draws. Returns will naturally have varied over time but the fundamental point remains that the odds of winning anything really are vanishingly small for holders of individual bonds.

So, the answer to your question will be that the vast majority of bonds of that vintage (or any other) won't have won anything, i.e. yours is the norm rather than the exception....

badger09

misspuddleduck wrote: »

Not sure where the best place to post this question is so apologies if this is the wrong section.

I have a premium bond my Mother bought in November 1956 it has never won a prize! I'm just wondering if anyone has an older bond that's never been chosen?

I have £18 worth of PBs, eligible since 1/1/1957. Never won anything but I keep them for sentimental reasons:D

AnotherJoe

misspuddleduck wrote: »

Not sure where the best place to post this question is so apologies if this is the wrong section.

I have a premium bond my Mother bought in November 1956 it has never won a prize! I'm just wondering if anyone has an older bond that's never been chosen?

FWIW in todays money that was near enough £25 then in today's money, so you've pretty much lost it all

In the stock market, its hard to determine but I'd guess it would easily be around £250 now had it been put in say F&C

colsten

Just in case you haven't checked whether you have any unclaimed prizes: https://www.nsandi.com/do-i-have-any-unclaimed-prizes

foofi22

I have had a £5 bond since the mid-80's A few months ago I got my first ever "win" - a £25 cheque! Just keep it for sentimental reasons now

LeafGreen

If it is literally a single bond worth £1 then it's not surprising it hasn't won anything - odds of a prize are 24,500:1 so it should win on average roughly once every 2,000 years.

misspuddleduck

Likewise because it was my Mums I hold on to it. I plan to give it to my grandson....maybe sometime in future generations it might win something!:j