Premium bonds calculator

frosty77
frosty77 Posts: 10 Forumite
Second Anniversary First Post
edited 26 January 2023 at 4:19PM in Savings & investments
Just messing around with the premium bonds calculator and put in expected returns if you had £50K in them over 5 years. The calculator gives a 45.6% chance of winning at least 1 million. So after holding for 5 years there is a just under 50:50 chance of winning more than 1 million. This doesn't seem right to me..... Any thoughts?


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