Premium Bond Winner ?

altocumulus

Both my kids have at least £100, and in 25 years, neither have won anything (yet !)

missmilly

Just checked my online account and it's £25 for me this month :j

altocumulus

missmilly wrote: »

Just checked my online account and it's £25 for me this month :j

Well done you ....

topgearfan08

2x £25 for me

23,300.00 holding

atush

altocumulus wrote: »

Both my kids have at least £100, and in 25 years, neither have won anything (yet !)

The 5 of us in our family hold 100 each. Three of us has won one prize each in 5 years. My prize was 100, so all my money back.

We don't hold more, as I think of it as a gamble as you can get better interest elsewhere. But a better gamble than the lottery as you get your stake back if you don't win.

inked

Nothing for me yet this month

JB9302

£25 for me , 1st win for many a month.

Julian

WhiteHorse

atush wrote: »

But a better gamble than the lottery as you get your stake back if you don't win.

Yes, I really can't understand why people would play the Lottery when they can buy Premium Bonds and keep their original stake.

Is it the excitement that appeals to them? If so, then bet on a random horse, the odds are better, and so is the buzz.

Uncertain

I bought £1000 about five years ago. Within the first year I had four prizes totalling £250 - Wonderful.

Not a sausage since!

Still OK compared to money in the bank but I need another prize soon otherwise I'll be on the wrong side - which is of course where I should be statistically!

Uncertain

WhiteHorse wrote: »

Yes, I really can't understand why people would play the Lottery when they can buy Premium Bonds and keep their original stake.

Remember, with premium bonds you are losing the interest your money would earn.

Even now you can get 4.25% (taxable) for a five year deposit. So on a thousand pounds that is £35 a year after tax.

So, the true alternative is to buy £35 of lottery tickets.