Premium Bond Winner ?

genesis59

Max holding of £50K for the last 5 years (Jan 2017 start). 119 "wins" in that time made up of the following. 116 x £25, 2 x £50, 1 x £100. 4 dry months in the first 4 years. 6 dry months in the last 12 months including Jan 2022. £3100 in total. A 6.2% return over 5 years. Just over 1.24% per annum. Less than the returns on any account I chose to put other money into over those 5 years. The gamble hasn't really paid off but the chance of a reasonably large "win" keeps the interest going on the morning after each draw. After 5 years with nothing more than an individual £100 to show for my enthusiasm I should know better but there's nowhere else really to put the money without involving risk.

Primrose

aroominyork said:

eskbanker said:

aroominyork said:

I have a question. Why does anyone want to tell anyone else what happened on a random draw like PBs, or care what anyone else won or didn't win?

I expect I will be reported for this sacrilegious thought.

If you look at post #1 from 2005, the original intention was to validate (or otherwise) the theory that new bonds are luckier than old ones, but over the years it did largely turn into an extended 'show and tell' rather than anything to support meaningful analysis, but has been punctuated by occasional myth debunking and other debate about the product's characteristics....

So it started as a fourth rate polytechnic's research project. 

But Primrose's post two on from yours is of course fair. If I won £1m I'd doubtless want to tell folk, so it's just a matter of degrees.

If I  won £1 million I think I'd keep my trap shut!!     I'd definitely indulge some of my favourite charities but all the people I know whose  saving philosophies widely differ from mine would probably come crawling out of the woodwork!. 

eskbanker

genesis59 said:

Max holding of £50K for the last 5 years (Jan 2017 start). 119 "wins" in that time made up of the following. 116 x £25, 2 x £50, 1 x £100. 4 dry months in the first 4 years. 6 dry months in the last 12 months including Jan 2022. £3100 in total. A 6.2% return over 5 years. Just over 1.24% per annum. Less than the returns on any account I chose to put other money into over those 5 years.

Trouble with measuring returns over a five year period is that this encompasses different prize fund regimes - for most of that period the notional expected return was in circa 1.25% territory and there were usually more attractive offers available elsewhere.  However, for the past year, the expected PB return has been lower at about 0.9%, but the rates available from comparable easy access products elsewhere also collapsed, making PBs a much more tempting proposition relatively....

linz

Big fat zero on £40k for the second month in a row.

Used to win at least something almost every month but since taking out £10k mid-2021 i've not won a bean since November (£25) and before that July (3 x £25). Maybe they're punishing me for withdrawing some of my holding!

Cell

£28,000 holding.

2 x £25 this month, £200 since October 2020. According to Money Saving expert's calculator I'm a little under average, but not crazily so.

El_Torro

Good start to the year for me, £50 win on £25.5k holding. Last year's returns were about 0.6% so maybe this year will see an improvement on that. Time will tell.

onthebench

February big winners announced. One of the £100,000 winners only holds £3,575 in bonds. And a £300 holder has picked up £25k, as well as someone winning £10k with a £50 holding.

This will be the first month that both I and my wife have held the max so hoping for at least one or two prizes tomorrow - I know we are not on the big prize list!

strawb_shortcake

I'm on a two month losing streak on max, hoping for a change of fortune tomorrow...

EssexHebridean

Love seeing the smaller holders on the big winners list! we got £25 last month (on under £1k holding). 

Bravepants

I don't know whether anyone saw "Call the Midwife" on Sunday. Nurse Crane won £5000 (in 1967) with only a single bond!