Premium bonds

[AtW]

No million tax free this month

Somebody waited for a long time to get lucky -

£5,000 	33BZ656352 	£7,065 	Outer London 	£1,000 	Mar-89

[DimPrawn]

Is this the new SKA? Win the premiums bonds?

What happened to a search engine to rival Google?

Time for a new plan b maybe?

[AtW]

Is this the new SKA? Win the premiums bonds?

Winners, keep winning...

Time for a new plan b maybe?

[ASB]

I've had one since 1960. Won precisely nothing. :-)

[AtW]

I've had one since 1960. Won precisely nothing. :-)

[ASB]

Well, the prize pool is currently 1.35%. I have no idea of what the average is over that period. Maybe 2.5%? In that case the £1 bond would be worth £5.

The odds of winning something with a bond are 26,000 to 1 currently. With a month draw I only have about 2,100 years to wait before being reasonably sure of the £1 bond winning something.

Overall return on premiums bonds as risk free tax paid cash is OK; iut's just the distribution that is the problem. Really need the max holding.

I know a few people who do and get a couple of prizes a year. Don't know anybody who has one anything worthwhile though.

[AtW]

Overall return on premiums bonds as risk free tax paid cash is OK; iut's just the distribution that is the problem. Really need the max holding.

It's getting more and more awesome by the year with Govt increasing taxes

If rates were 5% (as they should have been for years now) then returns would be great.

In June I had 4 prizes

But in July only 1

[xoggoth]

Useless things. Sold mine years ago.

[DimPrawn]

Max holding of premium bonds is £50K.

That's enough for a deposit on a home or a BTL.

There's your answer Atw....

[Sausage Surprise]

I've had one since 1960. Won precisely nothing. :-)

Same here - £5 worth since 1958 - nowt!