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The jackpot winner holds £50,000 in premium bonds and purchased the winning bond in June 2018. The win makes them the ninth winner from the Outer London area. ... Northern Ireland. £15,000. May ...
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.
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 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 ...
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To raise funds during Ireland's post-2008 economic downturn, the Irish government sold the National Lottery licence for 20 years to a private operator, Premier Lotteries Ireland DAC (PLI), which was initially majority-owned by the Ontario Teachers' Pension Plan, with a minority stake held by An Post and An Post Pension Funds. PLI began ...
The number of higher cash prizes for bondholders is set to increase in next week’s draw