Premium Bond Winner ?

fossman

I have £2,000 invested and have won 2 x £50 prizes in the last year (November 2005 and July 2006).

penniesmakepounds_2

I have just set up a standing order to buy premium bonds every month. Basically its the kids child benefit. I have tried sticking it into an account but I dip in too often. Have decided to buy premium bonds cos it takes at least a week to get hold of your money. When the kids turn 18 I will give it to them to spend it how they want. I have got long term investments for them too. Maybe just maybe.......I could hit the big one along the way!

Katgoddess

I've won £50!!! The letter has just arrived. All my stoozing has not been in vain.

pammy14

My daughter won £50.00. She only has 2 bonds bought for her when she was born in 1972.

penniesmakepounds_2

New interest rates from 1st September but why do the odds of winning a prize stay the same??


"Premium Bonds
The Premium Bond prize fund rate will increase from 2.95% p.a. to 3.15% p.a. tax-free3, equivalent to 5.25% p.a. for a higher rate taxpayer and 3.93% p.a. for a basic rate taxpayer.

The odds of winning a prize will stay at 24,000 to 1, meaning that someone with the maximum investment in Premium Bonds of £30,000 could, with average luck, expect to win 15 tax-free prizes a year"

M157RY

I need a litttle help.. was/am thinking in investing some money into bonds but wanted to try and work out what my retrun has been in the last 10 years and also see which bonds have won. Does anyone have a spreadsheet or something similar which would calcualte the average return if for example i put in the date it was bought and how much the value of that bond was?
Hope someone can help. Thanks.

Andy_L

penniesmakepounds wrote:

New interest rates from 1st September but why do the odds of winning a prize stay the same??


"Premium Bonds
The Premium Bond prize fund rate will increase from 2.95% p.a. to 3.15% p.a. tax-free3, equivalent to 5.25% p.a. for a higher rate taxpayer and 3.93% p.a. for a basic rate taxpayer.

The odds of winning a prize will stay at 24,000 to 1, meaning that someone with the maximum investment in Premium Bonds of £30,000 could, with average luck, expect to win 15 tax-free prizes a year"

Because the prizes have got bigger

hobbsy_3

Large prize winners list for September is now up online

Good luck all !

http://www.nsandi.com/products/pb/winnerlist.jsp

trademark

Bought some more last night , holding now £19,000 and something

hoping i dont get two months in a row without a win otherwise i might cash and reinvest

thats the idea of the thread after all

meanmachine_2

Those with the maximum holding of £30K previously could expect to win £74 quid a month (eg £50 one month, £100 the next).

With revised interest rates, that's gone up to a staggering....£78.

So at least that means you should win £100 more often than £50.

In theory. But with more larger prizes in the mix now, that won't necessarily be the case.