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Premium Bond Winner ?
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Nothing again on £1,000 holding. Someone with a £120 holding did win 100K so there is hope (sort of).
For someone with a full 50K holding there are two elements of variability going on in the monthly draw ignoring the big wins, the number of prizes won in a month and how much those prizes are.
Chances of n prizes in a month with a 50K holding are as follows. So 68.7% chance of winning 2 or more prizes.
And the chances of a win being a specific amount are shown below. The chances of a win being an above 1K win is too small to be visible but it's 0.05% (or about 1 in every 1,849 wins). Chances are a win is going to be £25, £50 or £100. But again some variability here even based on whether the wins are £25, £50 or £100 prizes.
I came, I saw, I melted0 -
Agree, between myself & wife, on about £60k combined, we got £50. Rather disappointing as we would have got far more in a savings account. However, I wouldn't even describe that as pitiful. Especially as I won far more earlier in the year. Swings & roundabouts.
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