Any other Premium Bonds winners today?

[Luckystreak]

Name changed as regular poster.

Usually win between £100 and £250 per month in Premium Bonds with nearly full holdings.

Just checked January's numbers and we've won £1000!

Anyone else?

AIBU to think they're a good investment?!

Same! Won 1250 this month which is the most I’ve ever won!

£50
Not quite enough to buy the apartment I'd had my eye on.

AIBU to think they're a good investment?!
And they're a terrible investment!
I have them for the gambling aspect.

Wow, that's great!

I never win anything

But I only have £10!

Congratulations!

I’m a big fan of premium bonds but I don’t think they are a good investment as such. I choose to hold them because they offer the chance of a win that could change my life. That chance is worth more to me than making slightly more per month elsewhere

Do they email you to say you've won or are you supposed to manually check?

I checked the app to see the results. The million pound winners get a visit, apparently!

There is a lovely thread in Money Matters if anyone wants to join.
It's been a rubbish investment for me, 4th month of possible wins and nothing at all ever.

My Mum has had premium bonds since 1967 and not won a penny! I've been checking monthly for years now. They're all there, all active.
Pisses me off. Makes no sense

@LonelynSad how much does she hold? If she has a very small holding it may be correct statistically speaking, that she’s yet to win. The odds are 21000:1 currently

Why does it make no sense? It's a raffle not a reward for how long you've had them

Read Martin Lewis @Luckystreak , he explains well why they aren't a good investment, in fact I don't think they are classed as an investment at all due to the random nature of the prizes

Rubbish investment in our case. Only won 25 quid in the last year....

I think mse said for the amount we had invested it was likely the same as a savings account (there was a sweet spot I think..?) But the odds haven't been in our favour!

My df won £10,000 earlier this year.

I win pretty much bang on for the odds over the past couple of years - so 200 this month on FH, a bit more last month, a bit less other months - across the year it works out.

I keep them because I view it as instant cash savings crossed with a lottery ticket, even if it's not necessarily the best return I could get on the money.

Wow Bette!!!

Yes we dont have FH which I guess makes a difference. I like the idea of free money 😁

2 x £50 for me! Nice start to the year.

Not me :( gutted

3 small wins for me this month, £100, £50 and £25. I haven't had a month yet (since June 2023) when I've not won at least £100 per month.

£750 for me on a holding of £30K 😊. I've won nearly £2k over the past six months although I have held more bonds and sold some every month.

There's a long running thread where people post their PB winnings:

PREMIUM BONDS DEC INTO 2024 http://www.mumsnet.com/Talk/money-matters/4954917-premium-bonds-dec-into-2024

I haven't won anything since April 2023 ☹️, used to win quite small amounts quite regularly prior to that

£150 on full holdings this month.

The more you hold, the more likely you are to get the average return, which is pretty good given it’s tax free. If you have a small amount and average luck, you probably won’t win anything at all for years.

I had full holdings. £50 for me.

Nothing for me this month. I did have a few £25 and £50 and one £100 win last year though.

They aren't necessarily a good investment which is why you have some people complaining and saying they are going to withdraw their money and stick it in a high interest account.

But for many people it's the possibility of 'what if...'. I'm in a fb group where people discuss premium bond wins and someone won 100K this month.