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The jackpot winner holds £50,000 in premium bonds and purchased the winning bond in June 2018. The win makes them the ninth winner from the Outer London area. ... Northern Ireland. £15,000. May ...
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.
Originally bonds could be purchased as in units of five Irish pounds, with a minimum purchase of £10. Today the unit price is 6.25 Euros (equivalent to IR£4.92 at the final fixed exchange rate) and a minimum purchase of €25 is required. In September 2009 the Prize Bond fund exceeded €1bn for the first time. [3]
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The individual bonds within each issue are numbered, like ordinary bonds, but the serial numbers serve a different function from ordinary bonds. For a lottery bond the serial number is an added incentive for the purchaser to buy the bond. Although the details vary by bond and by issuer, the principle remains the same. A drawing takes place ...
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To raise funds during Ireland's post-2008 economic downturn, the Irish government sold the National Lottery licence for 20 years to a private operator, Premier Lotteries Ireland DAC (PLI), which was initially majority-owned by the Ontario Teachers' Pension Plan, with a minority stake held by An Post and An Post Pension Funds. PLI began ...
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