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Premium Bond Winner ?

17297307327347351095

Comments

  • eskbanker
    eskbanker Posts: 38,022 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    According to NS&I, the odds of winning (a prize, not a specific amount) is 24,500 to 1. So by rights, if you hold £24,500 in there you will always should on average (over the long term) win a prize each month or am I getting this all wrong?
    Fixed that for you....
  • cymruchris
    cymruchris Posts: 5,562 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    It’s always too good to be true…..a fact of life!
    It's why you see some people who grumble at winning £25 on a full £50k holding when others win 4 x £25 on a £10k holding (or something similar) - it's the luck of the draw (even if a number of theorists seem to believe that newer bonds have a better chance of winning than older bonds - or other such ideas...)
  • MrFrugalFever
    MrFrugalFever Posts: 1,301 Forumite
    1,000 Posts Fourth Anniversary Photogenic Name Dropper
    I don’t consider myself a lucky person in any capacity so I enter these things with low expectations and live in hope 😊
    If you believe you can, you will. If you believe you can't, you won't.

    Secured/Unsecured loans x 1 
    Credit Cards x 8 (total limit £55,050)
    Creation FS Retail Account x 1
    Creation Credit Sale 0% x 1 = £112.50pm x 20 mths
    0% Overdraft x 1 (£0 / £250)
    Mortgage Outstanding - £137,707.00 (Payment 13/360)
    Total Debt = £7,400 (0%APR) @ £100pm - Stoozing

  • Swipe
    Swipe Posts: 5,762 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    It’s always too good to be true…..a fact of life!
    It's why you see some people who grumble at winning £25 on a full £50k holding when others win 4 x £25 on a £10k holding (or something similar) - it's the luck of the draw (even if a number of theorists seem to believe that newer bonds have a better chance of winning than older bonds - or other such ideas...)
    The only time I grumble is when I draw a blank on my max holding
  • cymruchris
    cymruchris Posts: 5,562 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Photogenic
    Swipe said:
    It’s always too good to be true…..a fact of life!
    It's why you see some people who grumble at winning £25 on a full £50k holding when others win 4 x £25 on a £10k holding (or something similar) - it's the luck of the draw (even if a number of theorists seem to believe that newer bonds have a better chance of winning than older bonds - or other such ideas...)
    The only time I grumble is when I draw a blank on my max holding
    Let's see if you're grumbling tomorrow  :D
  • That was worth staying up for, my first prize of more than £25.
    2 x £25 1 x £50 on max holding 
    Make £2023 in 2023 (#36) £3479.30/£2023

    Make £2024 in 2024...
  • vickyholly
    vickyholly Posts: 167 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    £100 for me on full holding
    May £25 
    June 6 x £25
    July 2 x £25
    Aug 4 x£25
  • £25 on £42125.
  • taylornj
    taylornj Posts: 314 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    £150 on full holding, £100 + 2 x £25
  • SandyN21
    SandyN21 Posts: 219 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    edited 2 August 2022 at 12:21AM
    3 x £25 on max holding
    Winnings before this month have been:
    5 x £25 July 2022
    £25 June 2022
    2 x £25 Feb 2022
    2 x £25 Sept 2021
    2 x £25 August 2021
    2 x £25 March 2021
    £25 Jan 2021
    £25 Nov 2020
    £25 June 2020
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