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Premium Bond Winner ?

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  • .....a single bond can win many prizes in one months draw apparently....but you will only see one of the prizes regardless.

    Remember reading it somewhere....could be that you get the first prize drawn, or maybe win the largest of them only....but never more than one prize from the same bond - cant remember which it was exactly!
  • phlash
    phlash Posts: 883 Forumite
    500 Posts
    .....a single bond can win many prizes in one months draw apparently....but you will only see one of the prizes regardless.

    Remember reading it somewhere....could be that you get the first prize drawn, or maybe win the largest of them only....but never more than one prize from the same bond - cant remember which it was exactly!

    The example above though is with different bonds, thats why he/she has won two prizes. Don't forget he/she has 29,991 bonds!
    I can take no responsibility for the use of any free comments given, any actions taken are the sole decision of the individual in question after consideration of my free comments.
    That also means I cannot share in any profits from any decisions made!;)
  • Pobby
    Pobby Posts: 5,438 Forumite
    With £54,000 in the draw we have a total of £150 this month.I`m getting out of this as I can do so much better elsewhere!
  • phlash wrote: »
    The example above though is with different bonds, thats why he/she has won two prizes. Don't forget he/she has 29,991 bonds!


    errrr!....blindingly obvious!! ;)
  • M3_Sussex
    M3_Sussex Posts: 351 Forumite
    Part of the Furniture Combo Breaker
    There's a short video showing ERNIE in (simulated) action here.
  • trademark
    trademark Posts: 589 Forumite
    first month with 30k max holding

    x1 £100 and x1 £50 win

    do you get a cheque or can you have it paid to your bank ... first time ive done this as i normally have it re-invested
  • trademark
    trademark Posts: 589 Forumite
    thanks for the ernie vid m3 ... but ... hang on a minute

    "numbers checked independently for randomness" ,

    he checked them himself , how is that independent ?

    think we are being had here ... :-)
  • isofa
    isofa Posts: 6,091 Forumite
    trademark wrote: »
    first month with 30k max holding
    x1 £100 and x1 £50 win do you get a cheque or can you have it paid to your bank ... first time ive done this as i normally have it re-invested

    I think everyone gets cheques (I certainly always have done). I doubt they offer a direct bank transfer for winnings...
  • M3_Sussex
    M3_Sussex Posts: 351 Forumite
    Part of the Furniture Combo Breaker
    trademark wrote: »
    first month with 30k max holding

    x1 £100 and x1 £50 win

    do you get a cheque or can you have it paid to your bank ... first time ive done this as i normally have it re-invested

    For prizes of £5000 and above you have to fill in a form with your bank details and send in the bond. They then pay direct into your bank. For all other prizes you will receive an individual cheque for each winning bond around the middle of the month.
  • M3_Sussex
    M3_Sussex Posts: 351 Forumite
    Part of the Furniture Combo Breaker
    trademark wrote: »
    thanks for the ernie vid m3 ... but ... hang on a minute

    "numbers checked independently for randomness" ,

    he checked them himself , how is that independent ?

    think we are being had here ... :-)

    That was only meant to be a simulation!! Obviously :rolleyes: they would independently check when done for real!!
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