Premium Bond Winner ?

moonrakerz

Don't despair ! - can I quote from Ernie's website -

Myth 2: “You have to have £30,000 Premium Bonds (the maximum holding) to win the jackpot”

In July 2004, the winner of the £1 million jackpot had just £17 in Premium Bonds, purchased in 1959, and 9 of the last 12 jackpot winners held less than the £30,000 maximum. The more Bonds held, the better the chances of winning, but this doesn’t mean prizes are won exclusively by higher value holdings.

ffacoffipawb

Crabman wrote:

I've had £1000 in for 3 years now and their stats say I should get a win every two years... still waiting :rolleyes:

"Hey Crabman!"

halloweenqueen_2

Still waiting for Karma to bring me the £100,000 - I've been good - honest!

jackdaw

Premium bonds - it is pretty much all about luck. A friend temporarily put in £30K in premium bonds for 11 months last and this year, including the month where they don't get entered in the draw, and I worked the percentage return he got as 1.82%, which is pretty rubbish. He mostly got a £50 prize here and there.

But.. you could always net that big prize..!

Crabman

ffacoffipawb wrote:

"Hey Crabman!"

Hey [STRIKE]Earl[/STRIKE] ffacoffipawb!! :T

ffacoffipawb

Crabman wrote:

Hey [STRIKE]Earl[/STRIKE] ffacoffipawb!! :T

Remember the last episode (episode 22 of series 1) of MNIE is this Friday.

http://uk.imdb.com/title/tt0460091/episodes

What a superb series.

Great Karma.

Hope there's another series.

EDIT: There's 24 episodes http://www.nbc.com/My_Name_Is_Earl/episode_guide/24.shtml

halloweenqueen_2

Well i got my new bonds in the post this morning, so hoping in July I will have a prize with them, of course i'm hoping my other ones win in June!!!!

Crabman

How much do we need to invest to make it seem like we're winning? I've already lost around £90 in interest by having my money sitting in NS&I :mad: I know there is a "chance" but I've not won anything yet

caveat_emptor

Crabman wrote:

How much do we need to invest to make it seem like we're winning? I've already lost around £90 in interest by having my money sitting in NS&I :mad: I know there is a "chance" but I've not won anything yet

Premium bonds are a gamble but the more you invest the better your chances of winning. Because of the way the value of prizes is distributed most people will lose when comparing their winnings with high(?) interest savings accounts.

halloweenqueen_2

Friends of mine have had a few pounds in for a few years, they won £50 this month and have had several wins over the last few years which they reinvest and they seem very happy with it.