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Premium bonds are an investment product from the National Savings and Investment (NS&I), which is owned by the government. Each month, millions of savers are entered into a prize draw to win cash ...
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.
These are all game shows that were produced by or for various government-sanctioned lotteries. Participation in these games often require purchases of special lottery tickets (often scratchcards) for the show, along with winning the right to be eligible for the show.
National Savings and Investments (NS&I), formerly called the Post Office Savings Bank and National Savings, is a state-owned savings bank in the United Kingdom. It is both a non-ministerial government department [2] and an executive agency of HM Treasury. [3]
From 1998 to 2016, the Saturday night draws were usually presented as part of a game show that is shown to be associated with the lottery branding. Most of the game shows were partially pre-recorded and live in the case with Winning Lines and Jet Set where the first two rounds were pre-recorded but the final round was broadcast live, with the ...
Lottery bonds are usually issued in a period where investor zeal is low and the government may see an issue failing to sell. By knowing ahead of time when the coupons will be paid and how many bonds will be redeemed at the original value and at the lottery value, the issuer can value the bond accurately and know ahead of time the cost of the borrowing.
The first number was drawn between 1-99 and as each number was drawn, it would be removed from the set and not drawn again. £10 was won for matching the first number. The second number was drawn between 1-20 and matching the first two numbers won £50. The third number was drawn between 21-50 and matching the first three numbers won £1,000.
The winner of "Brain Chain" started by picking a category, and then the fastest person to buzz in and get the answer right got to see if there was a 'Q' behind that category. If there was, the contestant got the Q and whoever got three Qs won and won their round and qualified for the final.