Premium Bond Winner ?

David_Watts2

lowbrim said:

All prizes in one envelope this month that's a step forward in reducing costs.

This month I won 5 x £25 prizes and 4 of them were out of the same £5000 batch. Whilst obviously pleased with the win I find it concerning that whilst every bond supposedly has equal chance of winning in any draw that when you do win more than one prize that the bonds are regularly out of the same batch. What is the statistical chance of getting 4 winning bonds out of a single batch in one month if they are all entered singly?

I echo the point re electronic payments; I can't see why anyone still be getting their prizes sent to them as warrants in this day and age, especially if concerned at all about the environmental impacts.
As for your other question, we could probably have a better stab at the statistical chances if we knew how many bonds you have but I doubt you have anything to be concerned about. Last time someone (possibly you?) mentioned a similar issue I checked my own prizes (over the long term, not just a single month) and there was nothing that looked unusual about the distribution. About half of my prizes did come from one batch but, when that batch was £25k, that seemed about right. Some of the smaller batches had a slightly lower distribution than the average and some had slightly higher. It would have been more surprising if there was a perfect statistical fit.
Assuming you have the maximum holding, I make it around a 10,000/1 chance that all 5 prizes might come from the same £5k batch. Given the number of Bondholders, that probably happens to several people every month. 4 out of 5 from the same batch is closer to a 250/1 shot.
All this comes with the caveat that I have a moderate grasp of probability and have crunched these numbers very quickly, but I don't think they're miles off!

oli356

Websites been updated. 
£75 for me on £40k. 

MrMorgan

2 x £25 and 1 x £100 on £45k for me this month

taylornj

3 x £25 on £50,000 making a 12month total of £925 or 1.85% with 0% tax paid.

MDMD

taylornj said:

3 x £25 on £50,000 making a 12month total of £925 or 1.85% with 0% tax paid.

I’ve had 1x £25 for three months in a row - 11 month total of £400 making a rate of about 0.7%.....seems I’m on the other side of the probabilities to the poster above!

My money is going to a fixed rate bond I think. 

Magnolia

Nowt for either me or DH on £44k and £25k!

concorde1966

No win again - I haven’t won anything in the last eight draws and have £13,000 invested.
Well done to all the winners 😊

strawb_shortcake

Nothing this time on £50k, first time in 6 months of having the full holding. Fingers crossed for next month now

Ken68

£75 this month on max. Every little helps.

droopsnoot

£75 this month, first time I've had a prize since January. Annual rate roughly 1.3% at the moment.