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Every month, savers have the chance to win big prizes as the Premium Bonds winning numbers are announced. There are now 24 million people taking part in the government-backed savings scheme, with ...
Odds of winning exactly this amount with a £1 bond Odds of winning at least this amount with a £1 bond Higher value 10% of the prize fund: £1,000,000 2 1 in 64.36 billion 1 in 64.36 billion £100,000 82 1 in 1.57 billion 1 in 1.53 billion £50,000 163 1 in 789,737,809 1 in 521,163,007 £25,000 328 1 in 392,461,168 1 in 223,873,500 £10,000 818
A Prize Bond is a lottery bond, ... was made for the conduct of the draws on a weekly basis using a computer-driven random number generator to determine winning numbers.
Scottish Highlands and Wandsworth have new millionaires this month.
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.).
For premium support please call: 800-290-4726 more ways to reach us
As of 2007 the chance of each unit winning a prize ranged from one in 9,600 to one in 11,000. [1] In 2015 the odds of winner per unit increased to range from between one in 14,000 to one in 20,000. [2] A single bonus bond or unit translated to one dollar, and each unit owned had a chance of winning.
It’s all a numbers game. For premium support please call: 800-290-4726 more ways to reach us