Premium Bond Winner ?

justwantedtosay

bill6262 said:

When you buy your first batch of PB you have to wait a full calendar month after purchase to go in the draw so I my first purchase was today(October 2nd)My numbers only go in the draw from December.Does that rule happen every time I buy more bonds at a later date? So if I bought more bonds in November would they also have to wait a clear month also and only go in the draw in January? Or because I already hold bonds do the straight into the next monthlu draw? 

It's fair enough really. If you put the money in a savings account you wouldn't expect to have a month's interest added in the first few days. As has been said, buy late in the month.

AuburnEnigma

AuburnEnigma said:

AuburnEnigma said:

£1150 this month on FH (1x £1000, 1x £100, 1x £50)

Other draws since I started having Premium Bonds (all with full holding):
July 2025: £325 (3x £100, 1x £25)
June 2025: £25
May 2025: £75 (1x £50, 1x £25)

A surprisingly decent amount of luck! 

£275 for this month on full holding (1x £25, 1x £50, 2x £100)

At £1850 so far this year with 5 months played

£25 for this month, so on £1875 for the year with 6 months played

SandyN21

Middle_of_the_Road said:

SandyN21 said:

My total win so far for 2025 has been £2,075 - so what would be my % please?

If you were to win no more prizes this year, your return would be 4.15%

Thanks for replying.  Please could you tell me what formula do I use to work this out in the future?

subjecttocontract

2075 divided by 500

4.15% tax free is equivalent to 5.18% for a 20% taxpayer and 6.91% for a 40% taxpayer.

Middle_of_the_Road

SandyN21 said:

Middle_of_the_Road said:

SandyN21 said:

My total win so far for 2025 has been £2,075 - so what would be my % please?

If you were to win no more prizes this year, your return would be 4.15%

Thanks for replying.  Please could you tell me what formula do I use to work this out in the future?

Calculate the Annual Gross Interest Rate 

• Formula: Gross Interest Rate = (Total Interest / Initial Deposit)
• Calculation: £2,075 / £50,000 = 0.0415
• Result: The annual gross interest rate is 4.15%.

Hal17

I had £300 and my O/H had £1,025 both on full holdings. Currently on 4.7% and 4.75% rolling 12 months. 

LeafGreen

£50 on FH for me, based on that plus prev 6 draws I’m on 4.8% annualised so pretty happy right now.  When I have a few mins I’d like to work it out over a longer time period.

justwantedtosay

Hal17 said:

I had £300 and my O/H had £1,025 both on full holdings. Currently on 4.7% and 4.75% rolling 12 months. 

What's the trick? Mine is 2.8% over the last 12 draws, with 3 blanks on a full holding.

justwantedtosay

NS&I are clearly looking at making changes to the prize allocation, right up to changing the number of £1m prizes.

What does everybody think about this? 

Does anyone agree with my view that winning a million is soooo unlikely [if the first animal on earth - some microscopic thing that wasn't quite still a plant - had bought a bond there's only about a 10% chance it would have the jackpot by now at the current rates] that there's no point having more - double zip still being zip? 

And that £25 and even £50 isn't worth winning nowadays, especially as you really have to have quite a few to stand much chance of winning even that, so the chance of it going to someone who would notice it is extremely thin? 

With one jackpot and no £25 or £50 prizes I'd vote for considerably increasing the number of £100 prizes and having a few more £5k-50K ones [the chance of winning £100,000 is so slim that with a FH it's one win in about 3,000 years and will be worse come December, so it's not worth thinking about] but putting most of the freed money into £500 and £1,000 prizes which most  people, even with a FH, would see as good day, but would then be regular enough with a larger holding and a more realistic hope for those with smaller holdings. 

Vitor

Chance of £1 bond winning £1M per year, 1 in 5.4 billion.
Chance 20 heads in a row with a fair coin, 1 in 1,048,576.
Chance being murdered in England & Wales per year, 1 in 105,000.

Good luck, everyone