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Ayr_Rage said:

You must be very special as the holding limit is only £50,000 !

Obviously the OP and their partner

Stargunner

romeo69 said:

I have had 100k invested over the last 12 months, that return has actually given me a 3.34% return; unless my 'luck' changes soon, I will definitely be out.

Have you forgot that the Bank of England base rate was 1.75% in August last year.

EthicsGradient

You've  done  better than average.

Historical interest rates | NS&I (nsandi.com)

The rate given there includes the top prizes; as discussed on another thread, those are extremely unlikely to be won, and you can take off a few tenths of a percentage point to get what you're likely to get in a year. 3.34% is above the 2.7% weighted average for the months of the past year; so you've done very well.

That, of course, has no bearing on what happens next.

housebuyer143

Stargunner said:

romeo69 said:

I have had 100k invested over the last 12 months, that return has actually given me a 3.34% return; unless my 'luck' changes soon, I will definitely be out.

Have you forgot that the Bank of England base rate was 1.75% in August last year.

My husband secured a 1 yr fix at 4.51% in Oct last year (wished I got in on that), so potentially a better return could have been had, but in the scheme of things over the year 3.34% is alright.

PixelPound

housebuyer143 said:

Stargunner said:

romeo69 said:

I have had 100k invested over the last 12 months, that return has actually given me a 3.34% return; unless my 'luck' changes soon, I will definitely be out.

Have you forgot that the Bank of England base rate was 1.75% in August last year.

My husband secured a 1 yr fix at 4.51% in Oct last year (wished I got in on that), so potentially a better return could have been had, but in the scheme of things over the year 3.34% is alright.

If your using PB for savings return, usually better elsewhere (though that's been debated plenty of times).

Maybe too many people expect themselves to be luckier than average?

lr1277

2 x £25 on a 32k holding.

jaceyboy

Youve done very well i'd say, I also had a £100k and won just over 1.5% over 18 months! pulled them out and put into 5% instant access now

PixelPound

justwantedtosay said:

Eirambler said:

I think 4.65% would give an average prize win, excluding the big prizes that you're unlikely to win, of around 3.9%?

Having only won £100 once I think of that as a big prize, but if you only count the £25-100 prizes that you're likely to win the rate is roughly 3.7% though you 'should' win a £500+ prize every 2.6 years now on a full holding, and a £50 and a £100 virtually every month, which is amazing when you think that this time last year it was every five years for £50 and £100 prizes.

The chance of winning a £50 prize or a £100 prize was 65,000 to one for each in August's draw. These odds have improved to roughly 50,000 to 1 for September

98.640% of the prizes for September are £100 or less, this is down from 98.775% in August's draw.

So in September you are more likely to get a prize (21,000 to 1) and whilst there is slightly better chance of getting a bigger prize under £1M than before it's most likely it will be a small prize (£100 or less), but its more likely to be £100/£50 than £25.

EthicsGradient

housebuyer143 said:

Stargunner said:

romeo69 said:

I have had 100k invested over the last 12 months, that return has actually given me a 3.34% return; unless my 'luck' changes soon, I will definitely be out.

Have you forgot that the Bank of England base rate was 1.75% in August last year.

My husband secured a 1 yr fix at 4.51% in Oct last year (wished I got in on that), so potentially a better return could have been had, but in the scheme of things over the year 3.34% is alright.

The PB prize rate went up from 1.4% to 2.2% in October, after interest rates jumped. And PB prizes are tax-free - for a higher rate payer, 4.51% (if the PSA is already used) is equivalent to about 2.7%. 

35har1old

nic_c said:

housebuyer143 said:

Stargunner said:

romeo69 said:

I have had 100k invested over the last 12 months, that return has actually given me a 3.34% return; unless my 'luck' changes soon, I will definitely be out.

Have you forgot that the Bank of England base rate was 1.75% in August last year.

My husband secured a 1 yr fix at 4.51% in Oct last year (wished I got in on that), so potentially a better return could have been had, but in the scheme of things over the year 3.34% is alright.

If your using PB for savings return, usually better elsewhere (though that's been debated plenty of times).

Maybe too many people expect themselves to be luckier than average?

Like this months millions winners