Premium Bonds Halve the PrizesRead the full-text online article and more details about "Premium Bonds Halve the Prizes" - Daily Mail (London), March 18, 2009Daily Mail (London)
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“In fact as more people buy more bonds, unless the number of million pound prizes increases, the odds will get worse.” Economic secretary to the treasury, John Glen, said: “Premium Bonds have offered the public an alternative way to save since they were first introduced in 1956, and ne...
Andrew Westhead, NS&I Retail Director, said“Celebrating the 30th anniversary of the Premium Bonds £1 million jackpot is testament to the love the nation has for this iconic way of saving, with over £30 billion in prizes of all sizes being paid out since the draw started back in 1957...
The fact there are some very large prizes also skews the figures – as it means that for every person who wins £1 million or £100,000 there will be hundreds who win nothing. “What that 3.15% figure means is that for every £100 held in Premium Bonds...
We pay out two £1 million jackpots each month. We then divide the balance of the prize fund share allocated to the higher value band equally among the remaining prize values. First we work out the number of £100,000 prizes. When there is a balance that’s less than half of that...
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aCertain investments via the state owned National Savings scheme are not subject to tax including Index linked Certificates (up to £15,000 per issue) and Premium Bonds, a scheme that issues monthly prizes in place of interest on individual holdings up to £30,000. 某些投资通过国有全国储...
With this fantastic competition, we are offering every Daily Mail reader the chance to win cash prizes to invest in them. Today and all next week we have [pounds sterling]10,000 to be won every day to invest in NS&I Premium Bonds. You could win up to [pounds sterling]5,000 every day...
Today and all next week we have [pounds sterling]60,000 to be won to invest in NS&I Premium Bonds. You could win up to [pounds sterling]5,000 every day, and there are 51 daily prizes. There is no interest paid on NS&I Premium Bond investments, but instead, monthly prizes of up to...