Premium Bond Winner ?

njkmr

FH and £100 this month.
Better than nowt...!

WindfallWendy

My husband and I chucked £100k into premium bonds last month and got nothing yesterday. Very annoyed!! The plan is to shovel it into ISAs over the next 3 years, but there is a little bit of me thinking/hoping I will win at some point. I shall follow this thread avidly to remind me that it won't be the case!!!!

poppystar

WindfallWendy said:

My husband and I chucked £100k into premium bonds last month and got nothing yesterday. Very annoyed!! The plan is to shovel it into ISAs over the next 3 years, but there is a little bit of me thinking/hoping I will win at some point. I shall follow this thread avidly to remind me that it won't be the case!!!!

When you say last month, due you mean October? Any bonds bought in November would not have been eligible for the December draw. 

sugar_daddy1237

End of year results for my FH 2024. 

Total £3150 = 6.3%. Happy with that.

Jan:50
Feb:700
Mar:100
Apr: 150
May: 150
Jun: 650
July: 200
Aug:250
Sep: 200
Oct: 50
Nov: 625
Dec: 75. 

Sarahspangles

eskbanker said:

Dizzycap said:

Yes, 10k worth. 1 x £50 prize in the last 4 years?!   I'm going to cash in at the end of March 2025 and put it into an ISA where I actually get a return

With a £10K holding and the new post-January (worse) odds, you should be winning a prize one month out of three on average.

I think I understand how probability works, but I’m still surprised how variable outcome is. I had one win in 8 months on c £20k and OH had one win in 5 months on full holding. I’m being selective in the periods I’m looking at, but it’s these fallow months that are driving us having a 2% return over the year.

Bravepants

WindfallWendy said:

My husband and I chucked £100k into premium bonds last month and got nothing yesterday. Very annoyed!! The plan is to shovel it into ISAs over the next 3 years, but there is a little bit of me thinking/hoping I will win at some point. I shall follow this thread avidly to remind me that it won't be the case!!!!

A whole calendar month has to pass between the time you purchase and the time they enter their first draw. So if you buy bonds on 15th October they will not be entered into the November draw, but December’s and then each month after. 

Best time to buy bonds is on last day of the month as then you have the least amount of time to wait ( 1 month) before their first draw.

Hoenir

Full Holding £50k

Jan - £250
Feb - £200
March - £550
April - £150
May - £25
June - £75
July - £75
August - £300
September - £125
October - £50
November - £400 ( 4 * £100 )
December - £525

YTD - £2,725

Yield for 2024 5.45% 

GrubbyGirl_2

WindfallWendy said:

My husband and I chucked £100k into premium bonds last month and got nothing yesterday. Very annoyed!! The plan is to shovel it into ISAs over the next 3 years, but there is a little bit of me thinking/hoping I will win at some point. I shall follow this thread avidly to remind me that it won't be the case!!!!

You have to hold your bonds for a full calendar month before they go into the draw so you would have needed to have bought in October to be in the December draw.

RG2015

WindfallWendy said:

My husband and I chucked £100k into premium bonds last month and got nothing yesterday. Very annoyed!! The plan is to shovel it into ISAs over the next 3 years, but there is a little bit of me thinking/hoping I will win at some point. I shall follow this thread avidly to remind me that it won't be the case!!!!

As previously mentioned, bonds purchased in November won’t be eligible until the draw on 2nd January. Log in to your account on the NS&I website and check the bond record. This will tell you when your bond numbers will be entered in the draw.

Dizzycap

Sarahspangles said:

eskbanker said:

Dizzycap said:

Yes, 10k worth. 1 x £50 prize in the last 4 years?!   I'm going to cash in at the end of March 2025 and put it into an ISA where I actually get a return

With a £10K holding and the new post-January (worse) odds, you should be winning a prize one month out of three on average.

I think I understand how probability works, but I’m still surprised how variable outcome is. I had one win in 8 months on c £20k and OH had one win in 5 months on full holding. I’m being selective in the periods I’m looking at, but it’s these fallow months that are driving us having a 2% return over the year.

Well, I haven't, so I'm cashing out! Went into NS&I hit cashout and there was an error on their end which has resulted in me being locked out of my NS&I account online. The App still works fine After calling NS&I, I am now waiting for an activation code in the post so that I can get into my account online! Surprise, surprise....

Well done to all that got a win xxxx Premium Bonds are clearly not for me and with a single £50 win on a 10K holding for 4 years, I'm done with PB I'll take 5% interest from the bank and / or drip feed into regular savers or use to top my Isa next year.