Has anyone ever won lots of money through premium bonds?

[ralphfromlordoftheflies]

I have never come across anyone who has won more than a hundred quid once in a blue moon through premium bonds, and I've won a grand total of fuck all. Has anyone ever won enough to do something nice like build an extension or go on holiday or buy a yacht?

I have had £50k in mine for the last 16 months and average £65 a month winnings. Last year my return was 1.55% which is fine and i live in hope of a windfall ;-)

The other thing to bare in mind is premium bond winnings are tax free and interest in an account like Marcus is not (for tax payers anyway).

But you do have a £1000 per year tax free allowance, or £500 for higher rate tax payers, so interest is effectively tax free for the majority of savers.

Individuals need to review their own circumstances. In reality its probably a good idea to spread savings across various types of savings, including premium bonds and instant access and fixed term products.

My dad won £100k about 13 years ago. He gave me and my brother £10k each. I used mine for fertility treatment and dd is 11 now 😊.

DH won £25 this month ... he has promised this sudden new found wealth will not change him

Hebe, that’s lovely

£25 Once every 2 years or so. Sure I would get more in interest

I won £5000 once! And had a few hundreds here and there too

I win small amounts most months. This month I got two amounts of £25 which was automatically reinvested. I've also won £100 a few times in the past.

@EastMidsGPs you can have another two guinea pigs then

@brizzlemint

Or spoil the current two even more!

I have only won £25 and £50 a few times but tbf I only have £14 of them which have held since birth

The best return I had from regular savings was Icesave at 6.7% pa when it went under.

My 11yo DS has £100 worth as a christening present and has won £50 twice. Rest of the family have never won anything.

My elderly aunt, however, won £87k on Lottery and then 10 days later won £12k playing Bingo! She also regularly won on Premium Bonds..

I've won £25 most months and had a fabulous month where I won £75! I have quite a lot at the moment as needed somewhere to temporarily put money for building work, where it was safe and flexible when I could remove it. I accept I'm getting less than I might get in interest, but most decent rates have some sort of tie in and no chance of that big win. I don't do the lottery, so I felt I could indulge my fantasy of winning something with PB instead.

I won't £1000 a few months ago off several thousand. Now have around £20k in there and win £25-£50 almost every month.

My son's got about £500 in bonds, he's won nothing in ten years.

Dd1 (20) won £25 yesterday. She’s won about 3 or 4 times on £1000. She’s pretty excited as she’s a student

I looked up mine, my mums and a friends premium bonds (with their permission of course) and checked out details were up to date). I’ve had mine since I was born and never won a penny!

My friend nor my Mum had either!

We have a thread going where we post each month, this loosely breaks down your odds. 79% of people have more luck than me apparently, nice to hear some good luck stories. www.moneysavingexpert.com/savings/premium-bonds-calculator/

I'm in the unluckiest 29.4% of people. Knowing that doesn't really help!

My parents have won £40,000, it does happen.