Premium Bond Winner ?

PeskyBlunder

I expect to win something in November. (Just wanted to be the 10000th post!)

cricidmuslibale

IanManc said:

PeskyBlunder said:

I expect to win something in November. (Just wanted to be the 10000th post!)

Except you're not.

I won nothing in September on a FH and £25 in October. Wish me luck for November!  

@IanManc Seeing that you've had two consecutive very lean months, I definitely wish you lots of good luck for November - I hope you win at least 10 times the amount you won in October!

polymaff

eskbanker said:

polymaff said:

eskbanker said:

polymaff said:

Hmmm. Typically 3.3% return on a significant holding;  5.5% equivalent for high-rate tax-payers.

I don't think it's as valid as it used to be to simply ignore the returns from the high and medium prize bands - these used to represent about 0.2% of the prizes but are closer to 1.3% these days, which can have a more significant impact on average returns, rather than these being regarded as completely negligible.

https://premiumbondsprizes.com/detailed#50000 has been updated with the new rate and shows a median return for a full holding over a year to be 3.6%, which would equate to 6% for higher rate taxpayers.  Obviously that median varies according to size of holding and duration though....

True, that when the lower prizes changed from 90% to 80% of the prize fund my method weakened - but that 80% has been 80% for some time now, and the figures folk publish seem to justify the assumptions made.

I still believe that I'll never win a big prize.  It might benefit others to sober up and accept that, too.

I'd still be more inclined to believe the maths than the tiny subset of holders who choose to post on here, but, for the record, someone under this roof (not me ☹ ) has had two middle band prizes in the last six months!

Ah, you are doing what you criticise in others - parading a single event.  Let's see.

As for "the maths",  NS&I cannot do arithmetic, let alone maths - as they regularly demonstrate.

eskbanker

polymaff said:

Ah, you are doing what you criticise in others - parading a single event.  Let's see.

No, I'm not claiming that it's statistically significant, but was simply countering your assertion that others should 'sober up and accept that they'll never win a big prize' by highlighting that people do win big prizes (OK, medium-sized ones in this case, but within the 20% of the prize fund that you choose to ignore).

polymaff

eskbanker said:

polymaff said:

Ah, you are doing what you criticise in others - parading a single event.  Let's see.

No, I'm not claiming that it's statistically significant, but was simply countering your assertion that others should 'sober up and accept that they'll never win a big prize' by highlighting that people do win big prizes (OK, medium-sized ones in this case, but within the 20% of the prize fund that you choose to ignore).

Well, that was me making a moral point. 

Krakkkers

The next draw is supposed to be on Saturday, when do we get the results?

RosieRooBear

Krakkkers said:

The next draw is supposed to be on Saturday, when do we get the results?

The next draw is on Friday 1st November, we’ll get the results on Saturday 2nd November

Krakkkers

Thanks for the reply.

molerat

RosieRooBear said:

Krakkkers said:

The next draw is supposed to be on Saturday, when do we get the results?

The next draw is on Friday 1st November, we’ll get the results on Saturday 2nd November

With the big winners being published on Friday

https://www.nsandi.com/prize-checker/winners

fredflower

Krakkkers said:

The next draw is supposed to be on Saturday, when do we get the results?

If you go to https://www.nsandi.com/ and scroll down it shows the next results date. 🙂