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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 ...
October’s prize draw also saw an extra £79m added to the prize pot, with the prize fund rate increasing from 1.40% to 2.20% — the biggest single increase in more than 40 years — and the ...
The bonds are entered in a monthly prize draw and the government promises to buy them back, on request, for their original price. The government pays interest into the bond fund (4.15% per annum in December 2024 but decreasing to 4% in January 2025) [ 1 ] from which a monthly lottery distributes tax-free prizes to bondholders whose numbers are ...
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.).
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A Texas woman is charged with murder after police say she fatally shot her husband, lit his truck on fire and fled the scene in a kayak. Bexar County, Texas officials found the body of Tomas ...
In order to participate in a draw, investors must purchase a minimum $20 in bonds, and must have held them for a full calendar month. [1] The chances of winning did not exceed one in 9,600 per unit – as required by the Finance Act (No 2) 1990. As of 2007 the chance of each unit winning a prize ranged from one in 9,600 to one in 11,000. [1]