Premium Bond Winner ?
Comments

retiringtoosoon said:TadleyBaggie said:Strangely, over the last few months I've won considerably more (holding 30K) than my wife who had 50K. Must just be a quirk.
I call shenanigans....
Edit: perhaps that was tongue in cheek, it can be so difficult to tell on this thread sometimes!1 
vickyholly said:Did i dream it , or did i read a few months ago that your odds of winning are higher at 30k than 50 k?
I also read another article that said the government has told NS&I to raise a lot more cash and that the prize fund would go up very soon. Let's hope they got that one right.1 
justwantedtosay said:vickyholly said:Did i dream it , or did i read a few months ago that your odds of winning are higher at 30k than 50 k?justwantedtosay said:
I also read another article that said the government has told NS&I to raise a lot more cash and that the prize fund would go up very soon. Let's hope they got that one right.
https://nsandicorporate.com/newsresearch/news/nsiprovisionalq3202223resultsand202324netfinancingtarget#
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retiringtoosoon said:TadleyBaggie said:Strangely, over the last few months I've won considerably more (holding 30K) than my wife who had 50K. Must just be a quirk.
I call shenanigans....0 
justwantedtosay said:vickyholly said:Did i dream it , or did i read a few months ago that your odds of winning are higher at 30k than 50 k?0

Odds of any single bond winning a prize are 1 in 24,000. Currently:
43% of prizes are £25
28% of prizes are £50
28% of prizes are £100
1% of prizes are £500 or more.
So with a full holding of £50,000, you should expect on average 25 prizes a year.On average 11 will be £25, 7 will be £50 and 7 will be £100 giving a return of £1,325 a year or a return of 2.65%With a full holding you should expect to win a £500 prize once every 5 years (pushs the expected return to 2.85%)
With a full holding you should expect to win a £1000 prize once every 15 years (pushs the expected return to 2.98%)
Theres a huge amount of variance but that is your expected returns disregarding the very rare prizes over £5k (you would expect to win a £5k prize on a full holding every 160 years and the £1M prize every 100,000 years)
5 
eskbanker said:justwantedtosay said:vickyholly said:Did i dream it , or did i read a few months ago that your odds of winning are higher at 30k than 50 k?justwantedtosay said:
I also read another article that said the government has told NS&I to raise a lot more cash and that the prize fund would go up very soon. Let's hope they got that one right.
https://nsandicorporate.com/newsresearch/news/nsiprovisionalq3202223resultsand202324netfinancingtarget#
Another magnificently stupid article  Express  said, "On their website, NS&I has shared how Britons can boost their chances of winning." and then revealed the secret was that "The only thing that can increase your chances of winning is holding more Premium Bonds." Bet you're glad they shared that pearl of wisdom with us.1,000
24.5%
1,881
32.9%
7,500
39.9%
15,000
40.0%
25,000
38.9%
35,000
41.5%
45,000
40.2%
50,001[!?]
36.2%
I was just googling in the hope that the rate had gone up after the last BoE rise.
Looks like I didn't win the jackpot this month. There's a surprise.2 
Podseas said:Odds of any single bond winning a prize are 1 in 24,000. Currently:
43% of prizes are £25
28% of prizes are £50
28% of prizes are £100
1% of prizes are £500 or more.
So with a full holding of £50,000, you should expect on average 25 prizes a year.On average 11 will be £25, 7 will be £50 and 7 will be £100 giving a return of £1,325 a year or a return of 2.65%With a full holding you should expect to win a £500 prize once every 5 years (pushs the expected return to 2.85%)
With a full holding you should expect to win a £1000 prize once every 15 years (pushs the expected return to 2.98%)
Theres a huge amount of variance but that is your expected returns disregarding the very rare prizes over £5k (you would expect to win a £5k prize on a full holding every 160 years and the £1M prize every 100,000 years)1 
Looks like I am owed a few then as I have only ever won 1 £500 prize in 134 months
0 
..should be my turn for a £500 win this month then??
.."It's everybody's fault but mine...."0
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