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Premium Bonds is a lottery bond scheme organised by the United Kingdom government since 1956. At present it is managed by the government's National Savings and Investments agency. The principle behind Premium Bonds is that rather than the stake being gambled, as in a usual lottery , it is the interest on the bonds that is distributed by a lottery.
Every month, savers have the chance to win big prizes as the Premium Bonds winning numbers are announced. There are now 24 million people taking part in the government-backed savings scheme, with ...
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October’s prize draw also saw an extra £79m added to the prize pot, with the prize fund rate increasing from 1.40% to 2.20% — the biggest single increase in more than 40 years — and the ...
National Savings and Investments (NS&I), formerly called the Post Office Savings Bank and National Savings, is a state-owned savings bank in the United Kingdom. It is both a non-ministerial government department [2] and an executive agency of HM Treasury. [3]
Georgia 5 is drawn twice daily; it has a top prize of $10,000. It was introduced on August 1, 2010. Georgia Five is different from most pick-3 and pick-4 games; players do not choose straight, box, or similar wagers. The top prize is won by matching all five numbers in exact order; a player wins by matching at least the first or last digit.
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The Oxford English Dictionary defines "premium bond" in non-specific terms as "a bond earning no interest but eligible for lotteries", and then offers the following pre-1956 quotations: 1820: The Times 13 Sept. 3/1 "The premium bonds will be delivered with the state bond and dividend warrant on the 1st February, 1821."