Instead, the rate funds a monthly prize draw for tax-free prizes. See prize draw details What are the odds of winning? 22,000 to 1 for every £1 Bond in the monthly prize draw (variable) When your Bonds will go into the draw You’ll need to hold your Bonds for a whole month ...
This month’s millionaires are from Liverpool (£37,025 invested) Gloucestershire (£50,000 invested) Prize fund £429m+ No. of prizes 5.8m+ “Alexa, have I won?” Check prizes for the whole family using just your voice. You’ve got to sit down, I’m going to tell you somethin...
Premium Bond Prizes Hit a LowPREMIUM BOND holders will see their chances of winning a big monthly prize fall in the draw next Monday after cuts carried out by National Savings and Investments (NS&I).Daily Mail (London)
A total of 5,878,285 prizes worth £452,627,925 will be paid out in the April 2024 prize draw. There were 123,443,975,577 Bond numbers eligible for the draw. Since the first draw in June 1957, ERNIE has drawn over 684 million prizes with a total value of £30.5 billion. -Ends...
Premium Bond Prizes Slashed to Lowest Ever
We pay out millions of prizes every month to lucky Bond holders, whose numbers are generated by our random-number generator, ERNIE. Every £1 Bond entered into the prize draw has the same odds of winning, but the more Bonds you buy, the more chances you’ll have to win. ...
Personal Finance: Women Top the Premium Bond Prizes
The chance of a bond scooping the main prize is more than 40 BILLION to one.And, while the odds of winning smaller prizes are 24,000 to one and the prize-fund rate is equivalent to an interest rate of 1.5 per cent a year, the chances of getting this average depend wholly on your ...
THE SAVINGS DILEMMA; Are Premium Bond Prizes a Surefire Winner or Would It Be Wiser to Invest Elsewhere?Daily Record (Glasgow, Scotland)
Byline: By TRICIA PHILLIPSThe Mirror (London, England)