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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 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 ...
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.
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;
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