You can ask NS&I to check , open an on-line account and you submit bond numbers
Premium bonds
Mar 15, 2023
Last reply: 3 years ago
30 Replies
Be aware that minimum Bond value is now a lot higher (now £25)
Some incorrect numbers quoted here .... the chance of winning is 24,000:1 There are currently £15m in prizes to be won.
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Other people have noticed that if you buy a big holding, you tend to get a steady stream of small prizes for 2 years that tends to match the yield on a 10-year gilt and then they fizzle out.
I keep a spread sheet and one block of £10K has won significantly more prizes than other blocks over time.
I have a £2 pound bond bought in December 1965 and in 2014 it won £25. Taking in account inflation over the period I merely got my money back.
Cousin and her husband, both retired teachers, both have £50,000 holdings. Between them they win £100-150 a month most months, missing once or twice a year. A few years ago I read an article that said recent numbers win more often than older ones because there are more of them. Someone could check that against the database of winners. I won 4 x £25 last year, with numbers that I hadn't had for a year.
Minimum seems to be £25 now.
But the £1, which bought you a single bond in 1956, had the same buying power as £32 now.
a fiddle
indeed....a fiddle
What were interest rates when you were winning? What were interest rates when you weren't?
The number of prizes depends on the total prize fund which is based on the bank rate.
no idea
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