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Premium bonds are an investment product from the National Savings and Investment (NS&I), which is owned by the government. Each month, millions of savers are entered into a prize draw to win cash ...
The first winning bond number drawn was 333XB827779 and belongs to a winner in Outer London. The jackpot winner holds £50,000 in premium bonds and purchased the winning bond in June 2018. The win ...
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.
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A Prize Bond is a lottery bond, a non-interest bearing security issued on behalf of the Irish Minister for Finance by the Prize Bond Company DAC. Funds raised are used to offset government borrowing and are refundable to the bond owner on demand. Interest is returned to bond owners via prizes which are distributed by random selection of bonds.
A lottery machine is the machine used to draw the winning numbers for a lottery. Early lotteries were done by drawing numbers, or winning tickets, from a container. In the UK, numbers of winning Premium Bonds (which were not strictly a lottery, but very similar in approach) were generated by an electronic machine called ERNIE.
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Although they are unable to speak English, luckily Alison can speak Portuguese and learns more about their predicament. At the tax office, Tom is confronted by his tax inspector who is alarmed to find why he hasn’t any income despite being relatively well off. Tom confesses he’s been constantly winning premium bonds since 1969.