Premium Bonds

[ukstack]

Anyone got any :] 

 

If so any nice wins to date ? i know its a gamble but hay we all love it 

 

[Danny-boy]

Yes, I have a few thousand.

Bought them a couple of years ago, never had a win.

[ukstack]

Yes, I have a few thousand.

Bought them a couple of years ago, never had a win.

Better than money in the bank tho i suppose rather have a small chance to win than no chance 

 

seen a guy with hardly any bonds win 100k 

 

rather be lucky in life than good haha 

[LongJohn]

I bought 1.5k in May this year as the interest in ISA's seemed pointless at around 2%.

I won £25 in my third draw which would be around the same I'd have got in interest 

and I still have the rest of the year to hopefully get lucky again.

 

I don't play the lottery as I think it's a waste of money and that truly is a gamble.  With PB's

each pound invested has a chance to win a prize at the start of each month plus you still

get to keep your pound!

[ukstack]

I bought 1.5k in May this year as the interest in ISA's seemed pointless at around 2%.

I won £25 in my third draw which would be around the same I'd have got in interest 

and I still have the rest of the year to hopefully get lucky again.

 

I don't play the lottery as I think it's a waste of money and that truly is a gamble.  With PB's

each pound invested has a chance to win a price at the start of each month plus you still

get to keep your pound!

 

Wish you luck dude ya the isa i opened few weeks back is shocking but i like easy access of the cash isa and tax free so may as well have one 

[LongJohn]

Wish you luck dude ya the isa i opened few weeks back is shocking but i like easy access of the cash isa and tax free so may as well have one 

 

It's just nice to know there's 2 chances each month to win a million.  The money isn't really tied up either it's just a bank transfer request away,

plus any win is tax free too.  It's personal preference as to whether you prefer a guaranteed minimal return or the chance, albeit slim, of something

greater.

[StackemHigh]

I got £400 in bonds 2 years ago and so far A return of £200 reinvested as bonds. £600 in total now.

 

Small wins i know but far better than the bank!

[Paul]

my mother when she was still with us, had the full quota of £30,000

she had a mix spread of numbers as they had been bought in small batches over many years.

she won small amounts regular, every 3-6 months which always paid for a celebrate meal / night out at the local social club for her and my dad

 

never won anything big in thought over 20+ years though

[Keithoil]

I have 200 and won £50 once nothing since.

 

I do play the lottery and have had 5 numbers in the past, but won £3 last trip, and £28 the trip before, so I do OK from the lottery.

 

Generally winning each time I put them on, but one day it will be me.

 

Don't forget if you are not in it you cannot win it!!!

 

EDIT:- I must go and check them now.

[ukstack]

I have 200 and won £50 once nothing since.

 

I do play the lottery and have had 5 numbers in the past, but won £3 last trip, and £28 the trip before, so I do OK from the lottery.

 

Generally winning each time I put them on, but one day it will be me.

 

Don't forget if you are not in it you cannot win it!!!

 

EDIT:- I must go and check them now

 

Ya it came about because i was talking to the old man and he has had 2-3k sitting in a spare account for years and got less than £10 interest in 5 years or so. least with premium bonds you can take the money out if need be one day and its getting a lotto ticket for free 

 

i do the lotto weekly £6 a week never won big and dont win much at all really :[

[LongJohn]

I have 200 and won £50 once nothing since.

 

I do play the lottery and have had 5 numbers in the past, but won £3 last trip, and £28 the trip before, so I do OK from the lottery.

 

Generally winning each time I put them on, but one day it will be me.

 

Don't forget if you are not in it you cannot win it!!!

 

EDIT:- I must go and check them now.

I did play the lottery for the first 6 months when it was first introduced, always using the same numbers.

 

According to this tool: http://idefex.net/b3talottery/losings.php

 

I've missed out on £150.69 in winnings, but considering I'd have had to pay £1500 to have entered each 

draw I guess I've won by not being in it. 

[Pete]

Treat Premium Bonds as free entries each month into a lottery with a chance of winning £1m but without ever loosing your bet.

People with the maximum amount typically get a £25 prize every month and over a year approx 2.5% tax free return but this is important - your stake is always guaranteed safe and you can get your money back anytime. With such low savings interest rates, I like premium bonds as part of a diversified portfolio. I need a nice win now to balance the massive falls in PMs.

[LongJohn]

Treat Premium Bonds as free entries each month into a lottery with a chance of winning £1m but without ever loosing your bet.

People with the maximum amount typically get a £25 prize every month and over a year approx 2.5% tax free return but this is important - your stake is always guaranteed safe and you can get your money back anytime. With such low savings interest rates, I like premium bonds as part of a diversified portfolio. I need a nice win now to balance the massive falls in PMs.

They actually increased the maximum investment to £40k in June this year I believe and

also added a second 1 million pound prize each month doubling your chances.

[ukstack]

There is 2 millions now every month 

 

would of been better to up the number of 100k prices or 50k prices imo but hey who am i ? lol

 

every year it will go up now i guess more money in more prizes i guess :]

[Pipers]

I have a few never won a bean.

 

Get this my Nan won A £1000 in the 1980s when she had only £10 worth of premium bonds.

[LongJohn]

Almost draw time again!  There is a cool phone ap which can check your numbers for all of 

those with PB's.

[ukstack]

Almost draw time again!  There is a cool phone ap which can check your numbers for all of 

those with PB's.

Acually got myself £200 worth today have to wait a month tho to put more money in and wait for a month for them to be active 

 

good luck :] 

[LongJohn]

Acually got myself £200 worth today have to wait a month tho to put more money in and wait for a month for them to be active 

 

Welcome to the gang lol!  It's worth mentioning if you choose the option to reinvest any winnings they will

be eligible for the next draw without the need to wait that initial month grace period.

 

good luck :] 

Thanks, fingers crossed! 

[ukstack]

Welcome to the gang lol!  It's worth mentioning if you choose the option to reinvest any winnings they will

be eligible for the next draw without the need to wait that initial month grace period.

 

Thanks, fingers crossed! 

Thanks I dint choose to reinvest im just doing it instead of spending £5-10 on the lottery every week ill still do lotto just not every draw haha 

Think is i think interest should be enjoyed weather thats buying silver or going for a nice meal or buying something you enjoy just have fun

 

Once its all set up ill chuck 3k into it and check it every month hopefully get something back each year ill give them to my son then when im old as shit haha

 

I know its a luck game but id rather be lucky in life than good haha :] 

[Danny-boy]

It is luck.

I know people with a couple of hundred who have doubled their money within 5 years, my 2001 have not won a bean in 2 years.

[ukstack]

Say if i was to buy 1000 today then 1000 in a few weeks would i have 2 lots of different raffle numbers

[Cornishfarmer]

26000:1 to win something I thing with a prize fund worth 1.26% BUT CHANCE TO WIN £1m every month

[LongJohn]

Say if i was to buy 1000 today then 1000 in a few weeks would i have 2 lots of different raffle numbers

Every single pound invested has a corresponding number allocated and each one has an equal chance of winning.

[LongJohn]

26000:1 to win something I thing with a prize fund worth 1.26% BUT CHANCE TO WIN £1m every month

x2 Cornish, they have increased each maximum monthly prize to 2 prizes of one million

as of June this year I believe.

[ukstack]

Odds dont bother me at all fact is if i ever won one of the 10k 25k 50k or 100k prices would change my financial situation weather it be now or in 15-20 years time if i never win ill just hand them down its a win win what ever for me :] 

 

Prize band Prize value Number of prizes Higher value (7% of prize fund) £1 million 2   £100,000 4   £50,000 7   £25,000 15   £10,000 38   £5,000 76 Medium value (5% of prize fund) £1,000 1,110   £500 3,330 Lower value (88% of prize fund) £100 15,211   £50 15,211   £25 1,863,026

 

heres the specs from last draw looks good if u can get on there lol