Premium Bonds

[Mike_P]

I was quite regularly getting £25, last time was April; buying then seems to have decreased my winning chances

 

[Chislenko]

We received £150 between me and Mrs. C this month.

Not a fortune but more than the interest on our ISA's so won't complain.

 

[Legs]

Mrs L won a grand about a year ago...

 

[user00856]

The accepted threshold is that you need about £15,000 worth to be in with a realistic shout of winning on a regular basis. That fits with my experience; nothing until it crept over 15k then regular and more frequent wins as the balance increased. I keep something in the 30's k in PB and am disappointed if there's no win in any given month, usually it's 2, 3, or occasionally 4 x £25 wins. Rough man-maths shows that it's returning about 2%, so not bad compared to a savings account, and there's always the chance - slimmer than slim can be - of a big win with no loss of capital.

 

[Tenkaykev]

The accepted threshold is that you need about £15,000 worth to be in with a realistic shout of winning on a regular basis. That fits with my experience; nothing until it crept over 15k then regular and more frequent wins as the balance increased. I keep something in the 30's k in PB and am disappointed if there's no win in any given month, usually it's 2, 3, or occasionally 4 x £25 wins. Rough man-maths shows that it's returning about 2%, so not bad compared to a savings account, and there's always the chance - slimmer than slim can be - of a big win with no loss of capital.

So that’s where my winning are going ! 😉 The statistical returns should be about 1% since the recent reduction in the prize fund. I too was ahead, but recently have had several months without a prize bringing me back towards the mean.

 

[potsy]

So that’s where my winning are going ! 😉 The statistical returns should be about 1% since the recent reduction in the prize fund. I too was ahead, but recently have had several months without a prize bringing me back towards the mean.

Mine too!
7 months of diddly squat!

 

[Salty seadog]

Mine too!
7 months of diddly squat!

Stick another £25 in. You'll be golden.

 

[Tenkaykev]

Stick another £25 in. You'll be golden.

I’ve selected “ reinvest prizes” so any winnings immediately go into the following months draw. Now just need to wait for that £Million to drop…

 

[MontyVeda]

12 months since i began stashing my spare cash in PBs and just got my first £25 win... which is equivalent to almost 2% interest

 

[Chislenko]

12 months since i began stashing my spare cash in PBs and just got my first £25 win... which is equivalent to almost 2% interest

Hopefully with the interest rate rises they may make the prize pot a bit bigger. I've had a not bad run of late with some £50's and a £75. Like you this month though just £25.

I am surprised they haven't raised the investment limit if you believe all these reports about "lockdown savings" swilling around in people's Bank accounts.

 

[Jenkins]

I'd also like to see them drop one of the £1million prizes and have more of the smaller ones instead - something like 2000 extra £50 prizes or 1000 x £100.

 

[MontyVeda]

I'd also like to see them drop one of the £1million prizes and have more of the smaller ones instead - something like 2000 extra £50 prizes or 1000 x £100.

There's well over a hundred billion PBs; three thousand extra prizes would be a mathematical problem way beyond my capabilities, but i reckon the odds of winning would alter by something in the region of zilch

 

[Mike_P]

Indeed and having bought more my win rate has plummeted Did get £25 this month.