Has anyone actually ever won in premium bond draw?

[UnluckyCoil]

I only have a small amount in there but I eagerly await the draw each month but it never happens!

How do u get notified if u win - or do u have to check somewhere?
Do they send the winnings to bank account or is there some place where u have to claim it yourself?

I get a text and email

They aren’t really a good investment. Slightly better than cash and you never know. But my IFA hates them, although tbf that’s probably because he doesn’t get any commission on them.

Have you moved/not changed address/email etc? That is incredibly unusual not to win anything on that holding in 12 years 😔

Do you mean small, medium, large or just any amount?

We win between £75-125 p/m with max holdings (all £25's)
OH won a £100 single win last month.
M&D won £500 in single win once.
No-one in family has won a larger single prize than that.

@YogaLite - you can check on the ns & I website under 'prize checker', you'll need your ns & I number or if you've registered your email with them, they'll email you - usually a few days after the 1st of the month.

You choose the option to either reinvest your winnings in bonds or have it paid direct into your account 😊

I was sent a cheque

I've got £50k in there, but don't get £1k interest a year, nothing like it.
I'm hanging on in case I get the big prize!

We have a fair amount of savings in PBs ( the full amount allowed for both DH and me. ) We used to regularly get £100 and £50 each month but then things seemed to change and now DH and I seem to get a couple of £25 cheques every few months. In the 20 years or so we have had PBs we have never got more than £100 in one cheque.

Now interest rates are moving up PB aren't such a good investment but until recently savings accounts %s were so awful they weren't worth bothering. I've made about £250 a year but you need a good £25,000 to make it worthwhile

No but PILs get at least on £25 cheque (they still like them the old fashioned way) a month. I assume they’ve got a lot in there though as they’re not short of money!

I've had £300 for over 30 years and never won a thing.
My son has had £1,000 for 10 years and won £300 in total.

Most months but I have the full amount.

I was given £5 when I was born. It came up for a £50 prize in less than a year! Odds must have been close to nil and I’ve never won since.

Bump. I bought 100 in June and first time winning today of 200. Mega chuffed! Should I reinvest it?

Yes if you don't need to spend it.

I was given a premium bond in 1957. I have not yet won anything.

I have. 10k.

I received a settlement from a previous employer after a case of harassment, and bunged it in there because I didn't know what else to do with it. One of those bonds won 10k, taking my total holdings up to an amount where I win more months than not. I topped up the rest.

It's paid me 6% so far this year.

I've had £100 of bonds for nearly 30 years and have won £100 and £25. You never know, might win big before I die 😂

My dad had £20k in premium bonds for donkeys years and would win on average £500 a year. He died last year and the account is allowed to stay live for a year after. He's won £2k this year despite being dead.
My DS had £100 in PBs when he was born. He's won 2 x £25 in 15 years.

We win every month, we have the maximum invested. £450 this month

I win every month. They can be a very good option if you have a decent holding and have already maxed out your ISA and used any savings interest allowance.

Much less good if you have a smaller amount or have other ways to save tax free.

You need at least £10k to win regularly

I invested 5k 3 months ago, I had two months with no wins and was just about to give up
on my bonds but I won £100 yesterday. I get £20 per month interest on my 5k in Barclays so I’m interested to compare results after one year.

I had the maximum in (had inherited money and was buying a house, so just needed somewhere to keep it with easy access). I started out winning £25 per month, then maybe £100 for a couple of months, then the odd £25 again and for the last six months or so that I had the money in there I won nothing. As though I'd used up all my luck.