Premium Bond Winner ?

eskbanker

onthebench said:

eskbanker said:

onthebench said:

As you spread the money down to the smaller prizes, though, it would make less and less difference.

Agreed, which is why I made the same point in response to the same poster making the same suggestion after last month's draw!

https://forums.moneysavingexpert.com/discussion/comment/77468043#Comment_77468043

Looking further back up the thread, they made exactly the same suggestion yet again a few months ago and another poster considered it worthy of a complaint to NS&I!

Having looked at the numbers I can see there could be some argument for boosting the number of upper tier prizes to spread the wealth a little. If you kept one of the £1m prizes, you could, for instance, use half of the other one to increase the number of £100k prizes from 7 to 12 and then use the remaining £500k to boost the number of £50k prizes from 14 to 20 (£300k extra) and the £25k prizes from 28 to 36. That would increase the number of what I would call "very big" wins (£25k+) by more than a third, from 51 to 69.
Alternatively you could leave the rest of the higher amounts unchanged and add, say 70% to each of the £5k and £10k prize pools, but even if you did that the number of people winning a prize greater than £5k would still only be just over 400, compared to 262 now.
I think the negative publicity over scrapping a £1m prize would be fairly great, though.

There are pretty much infinite ways of carving up the prize fund but it always seems completely pointless to me for people to idly speculate that this or that alternative methods could be used!  Of course they could, but the structure of the draw is what it is - some people might prefer it to be spread even more widely and others may take the opposite view, but ultimately such hypothesising is a futile exercise, especially if put forward repeatedly for no apparent reason....

onthebench

MrMorgan said:

London7766551 said:

People want to win the million not petty amounts 

depends what you define as "petty amounts" - i would be happy with £10K or even £100k and i wouldn't describe them as "petty amounts"

The fact remains that less than a quarter of one percent of the total prizes are greater than £100, and even if you split the £2m from the two top prizes into an extra 4,000 £500 prizes, that would only increase to a third of one percent 

csgohan4

has anyone won  a million on here?

polymaff

NS&I understand today's febrile society. "It could be you" and instant fame as an ambition - right now.

How would the great British public take to the original PB timescales - bonds not entered into draws until 6 months after purchase, I wonder?

Gosh, starting to sound like EB. ... .

gallygirl

£25 on 15k holding - winning bond was in its 1st draw this month.

stephenadarglas

Two £25 wins this month with 20k holding

lr1277

Nothing on 32k holding

ashteadgirl

3 X £25 on £50K holding

xxxxxxxx

me too 3 x £25 on £50,000 
Is there anyway to ask NS&I online what the total yearly winnings have been since I bought them in Feb 2016? 
Or
Anyway to export the data they hold in the winnings history pages?  Except manually?

Primrose

don't  think so although I think somewhere on the site the last six months winnings are listed.
i have all my bonds listed on an Excel spreadsheet by purchase date  with winning bonds listed  so I know which bond has won and when.  So far none of my very early purchases has won anything!