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Premium Bond Winner ?
Comments
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merseyscouse wrote:I have £600 worth which i have held for about 18 years and never won a sausage....and yes my addie is correct on the registration!!
:eek:
I calculate the odds of not winning are about 1 in 1000 so the possibilities are:
1) You have just been very unlucky; this is the official line
2) There is some bias in the system somewhere (probably not in the random number generation which is carefully monitored but in the subsequent IT systems where Whitehall has continuously shown that it is incompetent)
3) You have been winning prizes that have been lost or stolen. NSI only treat a win as "unclaimed" when it is returned to them. If it is never banked or banked by someone else they are happy. Have you seen the under cover TV documentaries in Post Office sorting offices where mail is stolen?
Have you checked with NSI whether any of your bonds have won prizes? Warning - don't ask if you have any unclaimed prizes, make it clear that you want to check all the wins against your own list of wins (which is nil but don't tell them). This weird procedure is necessary to get them to do the job properly, given a chance they will simply tell you about your prizes which are unclaimed according to their definition.0 -
trademark wrote:Yes i think it unlikely that a holder with £28350 holding would buy £100 of bonds , of course i could be wrong but i dont see the point , more likely that a winning £100 bond won the 1m .
lucky so and so
Over the years I have won over 40 times (with the maximum holding for several years). Only one of these has been over £100 and that was a prize of £1000 which was won by a bond of £50 which was itself an earlier win auto-reinvested.
So let's start a new myth (if it is a myth) that bonds from reinvested wins have more chance of winning!0 -
webwiz wrote:If it is never banked or banked by someone else they are happy. Have you seen the under cover TV documentaries in Post Office sorting offices where mail is stolen?
Is this realistic?
How can someone else cash a winning payment that has been sent to you in your name ?
Surely this can always be traced.... ?Beware Lego Men with Deep pockets...! :cool:0 -
Yes it can be traced if you know that it has gone missing, but the problem is that usually you don't know because the only way you would know you had won would be by receiving the prize. NSI do not check which account the prize went into or whether it went into any account at all so they wont tell you. That's why you have to go through the process I described.0
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Hi edda
Thanks for explaining things for me. That makes sense now)
Regards, Paul0 -
@webwiz....
Hmmm....your misunderstanding me, my main question was, even if a winning payment was intercepted,....how can they then cash it in when it is not in their name ?
The winning payment slip thingymabob is like a cheque if I remember correctly....Beware Lego Men with Deep pockets...! :cool:0 -
If you don't know how to do this I'm not sure I should tell you in a public forum because maybe there are other people who don't know and who would make use of the information. I'll send you a private message.
Also a huge of mail simply gets lost. The two prizes I found in the rubbish were on their way to landfill.0 -
We cashed in our premium bonds and then re invested in a block of £15k we were lucky and got consecutive numbers, we now have enough to get another 5k block, the theory being that the more consecutive numbers the larger the net so to speak.
We have held premium bonds for a couple of years on a large scale (prior to that we had about 4k in. We have won approx £600 - 700 this year and a similar amount last year. Probably not as good as being in a savings account but you never know who's going to get the big one.£2.00 Savers Club = £34.00 So Far
+ however may £2 coins I have saved in my Terramundi since 2000.
Terramundi weighs 8lb 5oz0 -
Hi kazd
Interesting reading your post about having consecutive numbers. I am about to invest a reasonable amount and was in two minds as to whether to split it, half in my name and half in my wifes. However, I am of the same opinion as you i.e. the bigger the net etc.
Is that how the majority of investers minds work do you think?
Regards, Paul0 -
£8150 now ... nothing this month again0
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