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Premuim bonds versus National lottery which has the higher probability to win??

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  • surreywill
    surreywill Posts: 11 Forumite
    edited 11 March 2010 at 12:46PM
    Yep choc_mouse, those are pretty much the figures I was working on - glad you came to same result!

    Only thing I'd point out is that whilst 1 in 42 billion is long odds, 1 in 14 million isn't exactly a sure bet. Putting it in perspective, if you played once a week at those odds you would expect to win the jackpot on average about once every 270,000 years.

    Clearly, buying individual Premium Bonds instead of Lottery tickets with the sole aim of winning the jackpot is a daft prospect - but that's not the point of P.B.s - they're just investment with a twist.
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