Premium Bond Winner ?

arthurdick

Oh well, just checked from the million prizes down to the last £1000 prizes,(around 14000 rows down) nothing for me there.  I will not check my account to see if I have won any of the lower prizes, I like to wait and see if I get an email, like I have the last 3 draws, saying I have won a prize, it gives me that little bit of fun and I would be happy with any win, well, apart from just £25, but even that is better then £0. 

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justwantedtosay said:

Gers said:

Someone's won £10K on a £2 bond held since Feb 1959 - no other holdings!

I wonder if they'll ever be traced to receive their winnings. 

Not a chance in hell. I'm still waiting for them to get back to me about my lost childhood post office savings accounts. 2 months and counting. 

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justwantedtosay said:

gussie5555 said:

I doubt I'll get much if anything of the piddly prizes  ...

I wish I could think of £1,000 as 'piddly'. Or even £100 come to that.

While a £100 prize might have been a welcome win this time last year it's now a disappointing amount on a max holding.

gussie5555

You'd have to be winning an average of £180 per month to match what a 5.5% 1 year fixed account would pay out at the end of the year assuming paying 20% tax on the interest - many folks just leave 50k sitting there in the faint hope - it's madness now to do this.

Ok if you tell yourself you can get your holding out at any time - but how many folks actually do this?

strawb_shortcake

PB's managed to trace my Uncle when his 1950 something bond won. After the letter telling him he'd won, he was a little disappointed to find out it was just £25 win

Sarahspangles

gussie5555 said:

You'd have to be winning an average of £180 per month to match what a 5.5% 1 year fixed account would pay out at the end of the year assuming paying 20% tax on the interest - many folks just leave 50k sitting there in the faint hope - it's madness now to do this.

Ok if you tell yourself you can get your holding out at any time - but how many folks actually do this?

For higher rate taxpayers who’ve filled their ISAs and will exceed the £500 personal savings allowance from other savings, it’s not so insane.

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annabanana82 said:

PB's managed to trace my Uncle when his 1950 something bond won. After the letter telling him he'd won, he was a little disappointed to find out it was just £25 win

I imagine that was prior to the last 18 months though before their CS went completely downhill.

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Sarahspangles said:

gussie5555 said:

You'd have to be winning an average of £180 per month to match what a 5.5% 1 year fixed account would pay out at the end of the year assuming paying 20% tax on the interest - many folks just leave 50k sitting there in the faint hope - it's madness now to do this.

Ok if you tell yourself you can get your holding out at any time - but how many folks actually do this?

For higher rate taxpayers who’ve filled their ISAs and will exceed the £500 personal savings allowance from other savings, it’s not so insane.

Yes, right now, that's the only case that's justified (assuming they've also maxed out their pension contributions) but I imagine that's a very small percentage of people

jaceyboy

My wife has £50k and I have £41k in Premium Bonds, we win normally around £100-150 each per month, would I be better off putting £91k into something else?

wowow

arthurdick said:

Oh well, just checked from the million prizes down to the last £1000 prizes,(around 14000 rows down) nothing for me there.  I will not check my account to see if I have won any of the lower prizes, I like to wait and see if I get an email, like I have the last 3 draws, saying I have won a prize, it gives me that little bit of fun and I would be happy with any win, well, apart from just £25, but even that is better then £0. 

If you click on 'Sort by' you can change the list to 'Area' its saves going through the whole list.