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Each month, millions of savers are entered into a prize draw to win cash prizes ranging from £25 to £1 million, with two millionaires made at every draw. Every £1 entered has a 22,000-to-one ...
Customers can check the Premium Bonds prize checker on the NS&I website or download the app to see if they ... Prize Value. Winning Bond NO. Area. Val of Bond. Dt of Pur. £100,000. 487VT299784 ...
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 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;
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.).
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.
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The Oxford English Dictionary defines "premium bond" in non-specific terms as "a bond earning no interest but eligible for lotteries", and then offers the following pre-1956 quotations: 1820: The Times 13 Sept. 3/1 "The premium bonds will be delivered with the state bond and dividend warrant on the 1st February, 1821."