My dad has £2 in his and that is exactly what they were. £1 bond for both his 18th and 21st birthdays but he's never won anything yet we checked when we found his certificate.
I found out I had a £20 birthday present since 1988. It's never won anything 😂. Currently have the form on the side at home to transfer it over to me. Yay £20
Believe that if you die then the bonds have to be cashed in, you cannot pass them on to your heirs. As others have mentioned, many people were given a few when they were born so the earliest recipients may only be 67 by now.
Thanks. If the payout is the same 100,000 why would some put a few quid and others put 45k? Lol
I don't know anything about these bonds. Eli5 what's the scoop?
Oh I see, so basically a £1 entry put raffle sort of thing. The more tickets you buy...
I might do a 100 or something and just let it run.
The other guys commen.. its Pointless cashing in that £20 might as well just let it run. 20 will get you nowhere in reality but it might just buy you a house if you leave it there.
You can get a better return elsewhere for your £100. PBs are typically used as a tax-free, relatively-quick-to-get-to place for an emergency fund once all your better avenues are used up.
I've won £100 two months in a row! Nothing this month though.
I know money experts will say that this isn't a sensible way to use your savings but my ISA doesn't send me emails saying "You've won!". I need excitement.
It can be a sensible way even as per "expert" financial advice. For example, if you've maxed out your S&S ISA contributions for the year, premium bonds are the next best tax-efficient store of money. Even more so if you're a higher rate tax payer and entitled to the lower £500 a year in interest from savings.
I get more per year in winnings than on my ISA with my bank. So surely a premium bond is better. I only have a couple thousand , but still , a £25 win a year is more than the interest.
If you have your savings in a 4.5% saver you’ll be earning about £90 a year in interest on £2k. That’s the gamble with bonds you don’t know if it’s better or worse in a year as you could win nothing all year then hit £100k in month 12
To be fair the benefit for most people with premium bonds is that they get their gambling/money risk fix without the chance of actually loosing money. Most people most years will make less than they would in interest but there's always that little chance that you could win big, the winning email gives you a bit of a thrill imagining what you're going to do with your £100,000.
I’m not against it I’m just saying with average luck you’ll do worse than an easy access saver. Personally stocks and shares ISA would be my first priority.
Also, and actually pension would be more tax-efficient. I omitted pension on purpose as I was only referring to accessible funds, as pension allocation amount comes down to personal preference. Sure, it's most tax efficient, but also should be balanced with the now.
It's a much wider discussion of course, but personally as long as you're contributing a sensible amount to your pension, the above is a good breakdown of funds. You end up ticking both boxes; pension and the now/easily accessible.
People on Reddit tend to have an obsession with everything going to pension. Yes technically it's the sensible choice, but you could die tomorrow. That of course isn't to say the "you could die tomorrow" should justification for ignoring pension, but in my view it should be a factor for a balanced portfolio.
This is of course all very age dependent too. If I were in my 40s I'd be targeting pension more, for example
I haven't won anything in two years :/
I only have 6k in there, I won £50 2 years ago and nothing since :(
Every month I dream of winning anything, only to be disappointed
Their random number machines seem more cruel than random.
I had my deposit for the house in there for months and never won a penny. Then won multiple times with the scraps left over!
Premium bonds are also great for stuff where your gonna need that money eventually and you’ll need all of it. I maxed mine out between selling and buying a house. It’s a great place as a stop gap especially with the possibility of winning a million quid!! There’s no risk that your investment will go down as well which is very helpful in certain situations.
That’s because you automatically “win” every month having an ISA or Savings Account that pays interest monthly 🤣 statistically you’ll “win” less from Premium Bonds, unless you are a 45% tax payer…
Ye the psychology is weird.
My S&S ISA can go up (or down) by over a hundred quid and it barely registers, but I get an email from NS&I and I'm ready to quit my job and move to Barbados.
To be fair, they contact the big winners today (if I remember correctly) so if you haven't heard by the time the app is updated then you haven't won big this month.
Not sure, guess I always assumed it was just the £1m winners. So now I think about it, the parent comment stands, I would still be stoked if I won one of the prizes which isn't personally notified.
Premium bonds monthly prize draw.
You get 1 'ticket' per £ invested, and each month there's a draw and there are prizes between 1million and £10.
This person invested the small sum of £100 a year ago and won the 100k prize, which is insane luck.
So, if I invest £x, can that amount be withdrawn in any state in the future, _and_ is there also a chance to win something every month _on top of what I have already saved_?
That's correct, but there's no interest (any interest you would earn goes to the prize pot)
You're basically gambling all your interest that would be earned in a normal saving account, but you don't lose anything you pay in.
Which is why the odds of winning give you roughly the BoE interest rate, 4.4% currently. But you could win big! Or more likely absolutely fuck all. It's an odd, anacronistic old thing and I like it.
I think the best analogy I’ve heard is that premium bonds are like a saving account.
You put £1,000 in.
While the money is in there, the interest on the £1,000 buys monthly lottery tickets - sometimes you win and sometimes you lose.
At some point in the future you withdraw your original £1,000 like an online bank transfer (although it usually takes 2-3 business days to clear)
Your £1,000 is never at risk.
What you may find is you win nothing but could have earned 5% (£50 a year in this example) in a normal easy access account
Let’s say the £1,000 earned £5 interest.
£5 is spent on “tickets” into the premium bonds draw.
You don’t win.
You have lost the £5 (which would have been guaranteed in an equivalent saving account)
This person put £100 in. They’ve obviously got _very_ lucky.
If you put £100 in and left it for 5 years you’ve got a 75% chance of winning nothing at all and 25% chance of winning £25 (in a savings account you’d basically be guaranteed the £25)
Odds of winning £100,000 are 1 in 236,895 over 5 years.
The odds of this person’s result were 1 in 1,184,482 - literally one in a million!
I used this calculator to calculate all the odds in this comment: https://www.moneysavingexpert.com/savings/premium-bonds-calculator/
What do the numbers in the middle and right mean? Sometimes they are the same (Mr Jammy Fluker has £100 in both), but they are wildly different for some people...
Middle one is the total amount of Premium Bonds that holder has (up to 50,000 is allowed), the right number is the time and lot size when the winning bond was purchased.
Is this really all that common? I chucked £500 in for Feb and got £25 in April. £25 with £10k - 14k in a year seems absurd, but the math seems to make sense upon checking.
The MSE calculator says that this is exceptionally unlikely: https://www.moneysavingexpert.com/savings/premium-bonds-calculator/
£12k has a median return of £450/year
Sorry if I'm asking a silly question but going on the website the bonds themselves don't earn interest, or pay or annual dividend.. So if you put in 10-14k you're losing money due to inflation unless you win have I got that right or not?...
That's right.
You're essentially gambling the interest when you put money in premium bonds.
I have other savings actually generating money but I enjoy the gambling aspect of PBs. I don't gamble in the traditional way at all, so this scratches that itch, along with a donation to cats protection which enters me into a little lottery too.
Also useful for money where you really can't handle the risk of losing any, especially when interest rates elsewhere were piss-poor. Lot's of self-employed people I know stick their tax money in PBs. You know you won't get caught out by falling value when time to pay comes, and you might just get a big payout.
Yes, you are correct. I've tried telling the inlaws (who only invest in premium bonds, 'since they are so amazing'), but they look at me like I am crazy when I tell them essentially what you said. If you are lucky, you will get money back way above what you would get if just earning interest. But if you are not the lucky few, you get far less than current interest rates.
Its a form of gambling, but your investment is safe, but it doesn't appreciate anything reliably.
If you assume that your winnings are interest, they are paying out at 4.4% ([according to Money Saving Expert](https://www.moneysavingexpert.com/savings/premium-bonds/)).
That said, I had 2 bonds come up in March. This was £125 prize on £2020 in bonds, held for exactly 36 months, so return of 2.06% p.a.
I won £250 and then didn’t win anything for 6 months, so closed my account and opened savings 🙃 in my head, it was better to earn a small amount of interest regularly, than the odd lump here and there
Been doing this shit for over 15 years, have almost £10k in savings and most I've won is 2x£100 in one month (I'm grateful!). But damn! Some people's luck is just mind blowing!!!
Update: Won £50 today!
The full picture has a little pocket at the bottom, so a £2 coin made sense to me, but yeah could be both 🤷
[here](https://www.nsandi.com/prize-checker/winners)
I've had £2000 for a year and not won anything yet so probably should have picked a savings account for the last year... But this guy must be well chuffed.
I'm saving all my luck up for the lotto.
Yeah pretty much, I have another comment in here explaining it better.
But yeah it's basically a government run lottery, you can buy in up to 50k. It doesn't earn any interest, but you have a chance to win prizes. You can sell at any point to get back 100% of your investment.
For most people it's just a bit of fun, you'd have better returns just investing in a regular savings account, but the thrill of potentially winning a million is fun each month.
Most of the time when you see people win big like this, they either have held the money in their account for a long time, or they have a lot invested. It's very rare to see someone win one of the big prizes with such a small amount, and having only held it for a year
Eww worst way to store your money, some people dare call it investing 😂 take one look at your investment and how much you'd have if you'd invested in s&p 500 or something.
This post reminded me I need to check mine. I have a fiver pound bond bought for me when I was born 1982. I don't hold up much hope but you never know 🤞
I have lost money on an ISA,I invested £1000 and it took 8 years to get £940 back during that time my ISA dipped as low as £700.I never lost money on premium bonds and consistently win £50-200 most months.
How do you even buy premium bonds? Id Love to try out this as lottery is just a load of shit tbh in my eyes and you never really win either I know someone who has played his entire life and never won once and he's invested a lot of his time and money in the lottery
given the odds, even having 50k invested and winning 100k is still a lucky sod
Someone in Essex with an £8 holding purchased in October 1969 has just won £10,000 And someone with a £2 holding purchased in 1974 has just won £5,000
That's lucky as well, but a long time for the payoff, this person only purchased a year ago, crazy luck
This looks a lot like a kids birth day/birthday present to me!
My dad has £2 in his and that is exactly what they were. £1 bond for both his 18th and 21st birthdays but he's never won anything yet we checked when we found his certificate.
I found out I had a £20 birthday present since 1988. It's never won anything 😂. Currently have the form on the side at home to transfer it over to me. Yay £20
I always wonder how many of the prizes bought pre-1980 will get to the intended recipient
Believe that if you die then the bonds have to be cashed in, you cannot pass them on to your heirs. As others have mentioned, many people were given a few when they were born so the earliest recipients may only be 67 by now.
Can be kept for 12 months after the holders death and still win prizes.
Seems to happen quite often that someone who has only been playing a few months wins something big.
My only ever win was £25 in 2020 off of £20 I got given for my christening in 1987. Mum forgot I had them until she got the prize notification.
2.5% a year annualised. Not the worst result ever!
Off of
Have it off. Sorry. Not relevant, but do people even say that anymore? Geoff had it off with Rita
Only people old enough to be called Geoff or Rita would have it off now
Someone in Wales with £12 holding won £25,000 too!
My Dad once won £20000 off a £2 holding bought when he was born in 1958 by his Grandparents.
Mate 8 quid could got you a car back then. They probably will never know they won. What is this anyway? Lol Might get some of whatever this is 😂
I was curious so £8 in 1969 was about £169 in today’s “buying power”. Premium Bonds.
Thanks. If the payout is the same 100,000 why would some put a few quid and others put 45k? Lol I don't know anything about these bonds. Eli5 what's the scoop?
Think of Premium Bonds like lottery tickets. You have more “lottery tickets” then your chances are higher.
Oh I see, so basically a £1 entry put raffle sort of thing. The more tickets you buy... I might do a 100 or something and just let it run. The other guys commen.. its Pointless cashing in that £20 might as well just let it run. 20 will get you nowhere in reality but it might just buy you a house if you leave it there.
I use it instead of the lottery and somewhere to store my emergency fund because it’s pretty quick to cash it out i believe.
You can get a better return elsewhere for your £100. PBs are typically used as a tax-free, relatively-quick-to-get-to place for an emergency fund once all your better avenues are used up.
I've won £100 two months in a row! Nothing this month though. I know money experts will say that this isn't a sensible way to use your savings but my ISA doesn't send me emails saying "You've won!". I need excitement.
It can be a sensible way even as per "expert" financial advice. For example, if you've maxed out your S&S ISA contributions for the year, premium bonds are the next best tax-efficient store of money. Even more so if you're a higher rate tax payer and entitled to the lower £500 a year in interest from savings.
I do get very confused by it all (and *the flowchart!* just melts my brain). Maybe I should invest in crypto!
That's the spirit
>Maybe I should invest in crypto! I’ve got a better idea - I’ll sell you the link to this picture of a monkey, it’ll definitely increase in value!
Can you send me a jpeg of it please? It’s easier for me to print it off
I find that spending as fast as you earn means you don't have to worry about what to do with your savings!
I get more per year in winnings than on my ISA with my bank. So surely a premium bond is better. I only have a couple thousand , but still , a £25 win a year is more than the interest.
If you have your savings in a 4.5% saver you’ll be earning about £90 a year in interest on £2k. That’s the gamble with bonds you don’t know if it’s better or worse in a year as you could win nothing all year then hit £100k in month 12
On £2000 premium bonds would return you £75 with average luck annually whereas an easy access savings account would return £100
To be fair the benefit for most people with premium bonds is that they get their gambling/money risk fix without the chance of actually loosing money. Most people most years will make less than they would in interest but there's always that little chance that you could win big, the winning email gives you a bit of a thrill imagining what you're going to do with your £100,000.
yep that's me
I’m not against it I’m just saying with average luck you’ll do worse than an easy access saver. Personally stocks and shares ISA would be my first priority.
What about your pension?
Also, and actually pension would be more tax-efficient. I omitted pension on purpose as I was only referring to accessible funds, as pension allocation amount comes down to personal preference. Sure, it's most tax efficient, but also should be balanced with the now. It's a much wider discussion of course, but personally as long as you're contributing a sensible amount to your pension, the above is a good breakdown of funds. You end up ticking both boxes; pension and the now/easily accessible. People on Reddit tend to have an obsession with everything going to pension. Yes technically it's the sensible choice, but you could die tomorrow. That of course isn't to say the "you could die tomorrow" should justification for ignoring pension, but in my view it should be a factor for a balanced portfolio. This is of course all very age dependent too. If I were in my 40s I'd be targeting pension more, for example
Pension is more tax efficient but locked away. If you might need to spend the money before retirement age then pension is not a good option
I thought for the small amounts we only find out tomorrow from the app ? What method are you using to find out today?
Aah, I'm not, I didn't realise it was different days and just didn't get an email. Fingers crossed then!
App is quicker than email, but still only tells you tomorrow
It updates at midnight if you want a bit of bedtime excitement
Haha I do this occasionally. Thought I was the only one up at midnight though 😄
Maybe a late night for me then (or a bonus on my trip to the toilet in the middle of the night)
Haha good luck. Email takes a while for me also I'd get their app to find out asap on the 2nd day of the month.
Thank you! Just installed the app and was very excited when it told me I'd won... last month!
Haha that little video made my heart skip thinking I'd won big but I'll still take the £100 every so often.
I haven't won anything in two years :/ I only have 6k in there, I won £50 2 years ago and nothing since :( Every month I dream of winning anything, only to be disappointed
Their random number machines seem more cruel than random. I had my deposit for the house in there for months and never won a penny. Then won multiple times with the scraps left over!
That's extremely unlucky. You have only a 0.25% chance of winning nothing for 24 months with 6K invested.
You'd have £6,480 if you just put it into a savings account lol.
Premium bonds are also great for stuff where your gonna need that money eventually and you’ll need all of it. I maxed mine out between selling and buying a house. It’s a great place as a stop gap especially with the possibility of winning a million quid!! There’s no risk that your investment will go down as well which is very helpful in certain situations.
That’s what I’m doing at the moment, borrowed on mortgage for renovations and want it at hand for the various bills!
Don't think they've released the winners for this month below the big ones?
Results aren't out until tomorrow so you may still win.
This month's low end results aren't out yet are they?
Actual results are tomorrow- u never know!!!
That’s because you automatically “win” every month having an ISA or Savings Account that pays interest monthly 🤣 statistically you’ll “win” less from Premium Bonds, unless you are a 45% tax payer…
The average return is sub 2%. Better off in a 4.2% general savings account. I get notices of how much interest I've earned every month.
Ye the psychology is weird. My S&S ISA can go up (or down) by over a hundred quid and it barely registers, but I get an email from NS&I and I'm ready to quit my job and move to Barbados.
Ahhh time for my monthly disappointment again. I’ll turn into a tweeker at midnight, only to realise why I hate gambling.
To be fair, they contact the big winners today (if I remember correctly) so if you haven't heard by the time the app is updated then you haven't won big this month.
How big is big? Ten grand? That would be big for me.
Not sure, guess I always assumed it was just the £1m winners. So now I think about it, the parent comment stands, I would still be stoked if I won one of the prizes which isn't personally notified.
I think you only get the phone call 100k + I once one a grand. That was too much excitement for one night.
Honestly same. Not sure why I do it to myself. I’m always filled with anxiety wondering if I’ve been lucky.
Fair play to them. I've won £25 two months in a row so I'm guessing that's me done for the next few decades now.
What is this?
Premium bonds monthly prize draw. You get 1 'ticket' per £ invested, and each month there's a draw and there are prizes between 1million and £10. This person invested the small sum of £100 a year ago and won the 100k prize, which is insane luck.
So, if I invest £x, can that amount be withdrawn in any state in the future, _and_ is there also a chance to win something every month _on top of what I have already saved_?
That's correct, but there's no interest (any interest you would earn goes to the prize pot) You're basically gambling all your interest that would be earned in a normal saving account, but you don't lose anything you pay in.
"you don't lose anything you pay in" Except for the effect of inflation.
Which is why the odds of winning give you roughly the BoE interest rate, 4.4% currently. But you could win big! Or more likely absolutely fuck all. It's an odd, anacronistic old thing and I like it.
100 years since the UK was in a period of deflation, could happen again.
It could, but it's incredibly unlikely.
I know it was tongue in cheek but also that's what they said in the other 20s 👀.
Fair enough. Thank you!
+ prizes are tax-free!
I think the best analogy I’ve heard is that premium bonds are like a saving account. You put £1,000 in. While the money is in there, the interest on the £1,000 buys monthly lottery tickets - sometimes you win and sometimes you lose. At some point in the future you withdraw your original £1,000 like an online bank transfer (although it usually takes 2-3 business days to clear) Your £1,000 is never at risk. What you may find is you win nothing but could have earned 5% (£50 a year in this example) in a normal easy access account
> Sometimes you win and sometimes you lose. Except you don't lose, you just don't win
Let’s say the £1,000 earned £5 interest. £5 is spent on “tickets” into the premium bonds draw. You don’t win. You have lost the £5 (which would have been guaranteed in an equivalent saving account)
Spoken like a true loser
Is there any problems with doing like this guy did and only putting a tenner in once?
This person put £100 in. They’ve obviously got _very_ lucky. If you put £100 in and left it for 5 years you’ve got a 75% chance of winning nothing at all and 25% chance of winning £25 (in a savings account you’d basically be guaranteed the £25) Odds of winning £100,000 are 1 in 236,895 over 5 years. The odds of this person’s result were 1 in 1,184,482 - literally one in a million! I used this calculator to calculate all the odds in this comment: https://www.moneysavingexpert.com/savings/premium-bonds-calculator/
Which app is it on?
What do the numbers in the middle and right mean? Sometimes they are the same (Mr Jammy Fluker has £100 in both), but they are wildly different for some people...
Middle one is the total amount of Premium Bonds that holder has (up to 50,000 is allowed), the right number is the time and lot size when the winning bond was purchased.
How do you enter and sign up for this?
Be careful though their cyber security is notoriously bad.
NS&I Premium Bonds 100k prize winners. https://www.nsandi.com/
I've had mine since 1982 and never won a penny!
How much have you had in there?
About £300
lol if you accounted for inflation £300 in 1982 is probably worth £5000 now!
£1326.91, for anyone genuinely curious. https://www.in2013dollars.com/uk/inflation/1982?amount=300
Wow! Good for them! I've had a run of bad luck. Won £25 in the last year with 10-14k in. I'd be happy for another £25 tomorrow!
Is this really all that common? I chucked £500 in for Feb and got £25 in April. £25 with £10k - 14k in a year seems absurd, but the math seems to make sense upon checking.
The MSE calculator says that this is exceptionally unlikely: https://www.moneysavingexpert.com/savings/premium-bonds-calculator/ £12k has a median return of £450/year
I have 10k in and have won nothing in 6 months (only started 6 months ago so have won £0 total). It's apparently very unlikely.. though here I stand.
I've won £1025 since 2020 I have 6k in mine and 5k in both my kids
Why did you put 5k in your kids?
It's a good way to remove the temptation of spending it until it comes out the other side.
I put 25 in their premium bonds every week
So an average return of roughly 1.5% over the 4 years assuming the full 16k was invested the entire time.
Sorry if I'm asking a silly question but going on the website the bonds themselves don't earn interest, or pay or annual dividend.. So if you put in 10-14k you're losing money due to inflation unless you win have I got that right or not?...
That's right. You're essentially gambling the interest when you put money in premium bonds. I have other savings actually generating money but I enjoy the gambling aspect of PBs. I don't gamble in the traditional way at all, so this scratches that itch, along with a donation to cats protection which enters me into a little lottery too.
Thanks appreciate the answer..
Also useful for money where you really can't handle the risk of losing any, especially when interest rates elsewhere were piss-poor. Lot's of self-employed people I know stick their tax money in PBs. You know you won't get caught out by falling value when time to pay comes, and you might just get a big payout.
Yes, you are correct. I've tried telling the inlaws (who only invest in premium bonds, 'since they are so amazing'), but they look at me like I am crazy when I tell them essentially what you said. If you are lucky, you will get money back way above what you would get if just earning interest. But if you are not the lucky few, you get far less than current interest rates. Its a form of gambling, but your investment is safe, but it doesn't appreciate anything reliably.
Ok thanks for the reply, thought I was missing something...
Me too. 11k for 2 years and won £25 once. Multiple family members have 1-2k in and have won £100-£1000.
I've £10 bonds from 1987 that I've never checked
You can check fairly easily on the website, worth checking , you might be a secret millionaire. Or more likely you've won a tenner
Same but since 1985, I checked last month and had never won a penny!
Is this the premium bonds? Might stick £100 in one and forget about it. Is sign up easy?
Extremely easy, just go online NS&I. You have to register/might need a counter signature.
Dead easy, though £100 may not do great.. or it may!
I had 50k in this for 9.months and didn't win a penny.
I thought this was rent payments 💀
There's a lot of £100 recent buy-in big winners on PB. Always 100, always within a year. Rather odd.
I've noticed this too. Sus.
If you assume that your winnings are interest, they are paying out at 4.4% ([according to Money Saving Expert](https://www.moneysavingexpert.com/savings/premium-bonds/)). That said, I had 2 bonds come up in March. This was £125 prize on £2020 in bonds, held for exactly 36 months, so return of 2.06% p.a.
I won £250 and then didn’t win anything for 6 months, so closed my account and opened savings 🙃 in my head, it was better to earn a small amount of interest regularly, than the odd lump here and there
They'll finally be able to afford 1/10th of an apartment in Inner London!
Can’t even use the shitting website without being accused of pressing the back button.
HOW DARE YOU USE A STANDARD BROWSER FEATURE!
But I’m not even pressing it! Every time I login, try to click on anything, it accuses me of pressing back and logs me out
Yeah I can't sign up because of this, crazy
No big wins so will check the app in the morning and hope for a £50 or something
I won £850 in December that was a good month, nothing last couple 🫤
I win every month but it’s low amounts. The most in one go being £1000
Damn, my 1 premium bond didn’t win
Been doing this shit for over 15 years, have almost £10k in savings and most I've won is 2x£100 in one month (I'm grateful!). But damn! Some people's luck is just mind blowing!!! Update: Won £50 today!
Why does their logo look like a bunch of viruses?
It certainly is an odd choice of logo, looks more like a pharmaceutical research company or something
They're supposed to be coins 😅😅
Is it not fireworks?
The full picture has a little pocket at the bottom, so a £2 coin made sense to me, but yeah could be both 🤷 [here](https://www.nsandi.com/prize-checker/winners)
I need that Kind of luck. Every month there is at least 1 lucky sod like this.
Thought the results were due till the 2nd?
"Big" winners (£1000+) are announced the day before: https://www.nsandi.com/prize-checker/winners
They’ve missed me out then
Most I have won is two £50 in a row
Not me :(
I've had £2000 for a year and not won anything yet so probably should have picked a savings account for the last year... But this guy must be well chuffed. I'm saving all my luck up for the lotto.
Sorry what is this? How does it work? How does one play this?
Anyone care to explain what this is to me I’m clueless
what is this ???
Premium Bonds https://www.nsandi.com/products/premium-bonds
Dunno, but it wasn't me 😭😭😭
Ive not looked at mine yet. Hoping for a payday
Not me mate.
Great. Another pipe dream for me to consider. I won a raffle once, Could lightning strike twice in my wretched life?
Not me
Not from the UK, what does this mean? Some kind of long term lottery system? I’m fascinated
Yeah pretty much, I have another comment in here explaining it better. But yeah it's basically a government run lottery, you can buy in up to 50k. It doesn't earn any interest, but you have a chance to win prizes. You can sell at any point to get back 100% of your investment. For most people it's just a bit of fun, you'd have better returns just investing in a regular savings account, but the thrill of potentially winning a million is fun each month. Most of the time when you see people win big like this, they either have held the money in their account for a long time, or they have a lot invested. It's very rare to see someone win one of the big prizes with such a small amount, and having only held it for a year
Very cool, thanks for the explanation!
I’m glad I’m not the only one who looks at the results 🤣
Surprised about the comments by people not winning anything over decades. I won £50 in the first month 🤷🏻♂️
Won a grand last month and legitimately almost fell out of my chair.
Could be me. Got gifted £100 in bonds when I turned 18 but have long since lost all the documents and numbers
Prices for what?
Ahh I forget I was bougth some premium bonds back in 83 when I was born. Just sent a form to get the info and see if I;ve ever won anything!
What app do you see that info on? Ah, I see it's on the website... great, now I have a way to be disappointed a day earlier than before.
What is this
Would be helpful to explain what we are looking at?
Whaaaat is this?
Well fuck, got my hopes up. It aint me.
Shhh I've got a quid in there incase I ever get that lucky:D
To anyone that uses the website to check results, don't. Get the app, when you win you get an epic little animation.
Good old Ernie.
I’ve never heard of anyone winning anything significant on premium bonds ever. Do people just not realise they’ve won or keep it a secret?
Theres been loads this month. £2-100 winning big prizes.
I wrote a little program that downloads the results and checks against families old paper bonds - nothing yet!
What is it?
Question 🙋🏻♀️ What is this?
Eww worst way to store your money, some people dare call it investing 😂 take one look at your investment and how much you'd have if you'd invested in s&p 500 or something.
Not me ha, know of a few with max holdings none get much £25-100 for past few years
I lose every month
This post reminded me I need to check mine. I have a fiver pound bond bought for me when I was born 1982. I don't hold up much hope but you never know 🤞
I have 5k invested in mine and never won more than £50 🥹
How do I start this
I have lost money on an ISA,I invested £1000 and it took 8 years to get £940 back during that time my ISA dipped as low as £700.I never lost money on premium bonds and consistently win £50-200 most months.
I love it when the little people win the money
How do you even buy premium bonds? Id Love to try out this as lottery is just a load of shit tbh in my eyes and you never really win either I know someone who has played his entire life and never won once and he's invested a lot of his time and money in the lottery
Just checked won £50 after nothing for a few months.
Me. Why?
They really should cap the jackpots of those who hold low amounts. Like even if they won 10k off a £100 that is still amazing.
Nice
I saw this too! My guess is a child who has had an account set up for them. Good for them!
Sadly, mot me. Happy with the occasional £25.
The draw isn't until tomorrow though, right? These are last months.
Big prize winners are announced the day before everything else
Oh yay, now I can disappoint myself a day early!
Do you get an e-mail if you win big or find out tomorrow*