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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.
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The number of higher cash prizes for bondholders is set to increase in next week’s draw Premium Bond prize rate to rise to 15-year high: Rules and odds explained Skip to main content
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On the other side, the Wormolds are an old couple; Harold is very clumsy. In the last episode of the fifth series, Hugh won £5,000 on the Premium Bonds and the following series showed the two of them undertaking a world cruise. The neighbours and mother had left the show.
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."
As well as the two £1m bonds, there are 18 winners of £100,000, 36 of £50,000, 71 of £25,000, 178 worth £10,000 and 357 with a £5,000 prize. The chances of all bonds winning are the same ...
Jon and Ponch are away in Bakersfield. Sarge and their fellow officers back at Central reminisce about the past two years. The two heroes shall be honored with a special prize. This was a 90-minute clip show episode.