- It’s Premium Bonds draw day.
Me and Mrs Zip got on board a couple of month ago.
Between us we have a very nice cars worth.
2 draws and I’ve won nothing and Mrs Zip £50.
Everyone told us that we’d win a couple of hundred quid just to get you excited and then it would tail off.
We seem have missed the first bit.
Has anyone on here accidentally won my money?
I’d like it back please.Posted 1 year agoKryton57Subscriber
£4k of bonds via a small monthly contribution, £175 won/reinvested automatically, so a 0.5% return?
Still, its a forgettable tax free monthly contribution which will have a little lump sum available for retirement with a chance of any kind of win helping to add to the pot.
My view is just leave it, wait 20 years and see whats their to pay off the mortgage/buy a car/go on hols at retirement age, a little “surprise” lump sum if you like.Posted 1 year agojimdubleyouSubscriber
We’ve got about £15k in there offsetting a £15k 0% credit card (we’ll use it to pay off if we ever need to)
Won £150 in last 6 months, so about a (roughly) 2% return, and similar in the 6 months before that IIRC.
It’s fine but I’m more playing it for the “big one”.Posted 1 year agotrail_ratMember
I’ve had a few medium (less than a grand but still considerable sums) prizes over the years usually 1 a year or so and maybe 6 -8 lots of 25 quid .
Calculations suggest it’s onpar with savings accounts. Although i could get a better return in shares i keep it as liquid fundsPosted 1 year agoJamieMember
Over the last year I have had a 8% return. I don’t believe this is the norm.Posted 1 year agogallowayboySubscriber
In between selling and buying our house we had two accounts at the maximum – over 10 months we got 2.5%. We needed instant access, so it suited us. Still keep the accounts live with £100 in each and use them for temporary extra funds. Not a gambler but I like the (remote) possibility of a bigger prize!Posted 1 year ago
What are the odds?
Currently 24,500 to 1 (the odds do change occasionally).
This means that if you have £50,000 invested, statistically you should win (just over) two prizes each month.
If you have £75 invested, statistically you will win once every 326.7 months (or once every 27 years).Posted 1 year agodeadkennyMember
£500 sat in there for last 20 or so years plus a few quid (since I was born, so 45!).
Have won the odd £25 a few times over last 10 years maybe. They’ve come in pairs, a £25 one month then another £25 the next, then nothing for years.
Probably £150 total won over all the years. Counting the main pot at say 20 years, 0.015% return per year.Posted 1 year ago
To be fair, if you have £1 invested, you should win once every 24,500 months, which is once every 2,042 years. I’m not that surprised you haven’t won yet!
EDIT: That said I have a friend with a similar investment, which I told him was a waste of time (for the above reason). His response was that he doesn’t play the lottery, but wanted to provide God with a means with which to give him a big win, just in case the big man felt that way inclined one day. 🙂Posted 1 year agopoolmanMember
I have some and after 6 months am averaging 1.5%, that’s tax free and the capital is guaranteed so not a bad return. Cash is parked in there awaiting a better home, so may be there a while.
Any new investors check the expected returns on the mse website, due to the min 25 gbp prize the avg 1.5% only equates to prizes at a certain level.Posted 1 year agoMrSmithMember
people saying they have won bugger all and not saying how many they hold??…
had 15k a few years ago before drawing them out for a property purchase and most months had a £25 and had the odd £100. was definitely up on the average after holding them for about 3 years.
been buying £200 a month for nearly a year and had nothing so far.Posted 1 year agoLSMember
My daughter was bought £1,000 worth when she was born by my mum (who used to run a Post Office and so was big into National Savings and the like) which proceeded to win another £1,000 worth in the very first draw they were eligible for 😀
I think they’re up to £3,000+ worth now with no further input over the last 14 years.Posted 1 year agopoolmanMember
I won 75 yesterday, usually only get 25 or 50 per month. Stll ticking over at 1 to 1.5% so q happy.
Look at the profile of big prize winners- shows where the winner lives, holding and when purchased. Was always a myth it was southern recent purchases, I think that was just the bias of purchasers.Posted 1 year ago
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