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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.
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.
For premium support please call: 800-290-4726 more ways to reach us
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 ...
As an example, savings certificates were issued in the First and Second World Wars to help finance the war effort. On 1 June 1957, the Premium Bonds draws were inaugurated, using E.R.N.I.E. – the Electronic Random Number Indicator Equipment machine (now held by the Science Museum). [citation needed
For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. ... Even if you have paper savings bonds, you can check your value online, as long as you have the ...
Premium Bonds This page was last edited on 22 April 2021, at 03:21 (UTC). Text is available under the Creative Commons Attribution-ShareAlike 4.0 License ...
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