Premium Bond Winner ?

atush

Dan29 wrote: »

Someone posted that they'd won £100,000: https://forums.moneysavingexpert.com/discussion/comment/2258243#Comment_2258243

Well before i was here, and even before i bought my 500 worth lol

Notadamsmith

http://www.thisismoney.co.uk/money/saving/article-1637084/Premium-Bonds-winning-numbers.html
Higher winners January, not yet on NS&I site.

Robisere

Holdings: £7

Winnings: Zero, zilch, nada, niemals, nowt.:(

Length of time held: since the year they came out!:mad:

I inherited this money by an old friend of my mother's, as a child I ran errands for her. IMHO, Bonds are a complete scam. Surely the purpose of an investment is not to gamble recklessly, but to make an informed decision as to where it will actually EARN money? The real winner is the Treasury, which itself invests the money and pays out without regard to interest on the Principal.

And yes, I am aware that a relatively small minority have won big prizes. Even more have won bigger prizes on the Lottery, the horses, dogs, Bingo, whatever. So I guess the answer is that we all do what we like with our money, but have our own opinions as to the value of our actions.

I am not bitter about the £7, I just wish that I had put it into a P.O. account. Now I think that it is such a small amount, to withdraw it would probably be foolish.

CLAPTON

Robisere wrote: »

Holdings: £7

Winnings: Zero, zilch, nada, niemals, nowt.:(

Length of time held: since the year they came out!:mad:

I inherited this money by an old friend of my mother's, as a child I ran errands for her. IMHO, Bonds are a complete scam. Surely the purpose of an investment is not to gamble recklessly, but to make an informed decision as to where it will actually EARN money? The real winner is the Treasury, which itself invests the money and pays out without regard to interest on the Principal.

And yes, I am aware that a relatively small minority have won big prizes. Even more have won bigger prizes on the Lottery, the horses, dogs, Bingo, whatever. So I guess the answer is that we all do what we like with our money, but have our own opinions as to the value of our actions.

I am not bitter about the £7, I just wish that I had put it into a P.O. account. Now I think that it is such a small amount, to withdraw it would probably be foolish.

self evidently premium bonds are NOT an investment

you simply forego interest on the money saved and gamble with that

you can freely choose to save the money in a interest bearnig savings a/c or buy shares or gamble on whatever you like

what's the problem?

stuzhunter

Notadamsmith wrote: »

http://www.thisismoney.co.uk/money/saving/article-1637084/Premium-Bonds-winning-numbers.html
Higher winners January, not yet on NS&I site.

How come thisismoney.co.uk can publish this info before NSI?..a bunch of lazys at NSI!

Hartson_2

I've had £40 in premium bonds for about 20 years. Never won anything. According to the PB calculator, my chances of winning - ever - are zero.

However, it's such a low amount that I will just keep them in there anyway and hope I strike the million some day

It does seem, though, that 99% of the bigger prizes are won by people with at least £10,000 'invested' in PBs.

Notadamsmith

stuzhunter wrote: »

How come thisismoney.co.uk can publish this info before NSI?..a bunch of lazys at NSI!

Dunno, stuzhunter, but it happens. Higher winners are now on NS&I site, nothing for me. Good luck all.

missmilly

High Value Winners now showing

http://www.nsandi.com/savings-premium-bonds-high-value-winners

None of my numbers are there though :mad:

atush

Hartson wrote: »

I've had £40 in premium bonds for about 20 years. Never won anything. According to the PB calculator, my chances of winning - ever - are zero.

However, it's such a low amount that I will just keep them in there anyway and hope I strike the million some day

It does seem, though, that 99% of the bigger prizes are won by people with at least £10,000 'invested' in PBs.

3 of us in our family of 5 hold only 100 each. 5 years. and won 100, 25 and 25. So smaller holders win just fine, thanks ;-)

They are gambling and I really don't see why anyone would hold 30K personally.

atush

stuzhunter wrote: »

How come thisismoney.co.uk can publish this info before NSI?..a bunch of lazys at NSI!

I suspect they may be public sector workers with good pensions. That don't have to work too hard lol.:D



And before anyone burns down the house because they are PS workers with no sense of humour, this was joke.