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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.
Numbers are entered in the draw each month, with an equal chance of winning, until the bond is cashed. As of 2019, each person may own bonds up to £50,000. [4] Since 1 February 2019, the minimum purchase amount for Premium Bonds has been £25. As of September 2023 there are over 121 billion eligible Premium Bonds, each having a value of £1.
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The Prize Bond Company is a joint venture between the founders An Post and FEXCO and is based in Killorglin, County Kerry.The company was created in 1989 with issued share capital between the founders of 50% each and will operate the scheme under its current (as of 2011) contract until the end of 2019.
All prizes are tax free and, with approximately 84 billion bonds issued, the chances of any one bond winning a prize for a given month are approximately 24500 to 1. However, if a bond wins a prize, that bond is not redeemed but remains 'in the pool' for all forthcoming draws (at least until the bond-holder decides to redeem it.).
The number of higher cash prizes for bondholders is set to increase in next week’s draw ... For premium support please call: 800-290-4726 more ways to reach us. Mail. Sign in. Subscriptions;
For premium support please call: 800-290-4726 more ways to reach us
The maximum amount is $5 million per auction and the minimum vary depending on the type of Treasuries. For example, the minimum for a Treasury Bill is $10,000. [4] Competitive bids are limited to 35% of the amount of offering per auction, with a minimum of $100 a bid. [5]