Premium Bonds…..why, oh why…

Well I’ve had nothing this month. From the look of this thread, one of you obviously has the £25 I usually win. Hands up, that fraudster!

I have Alexa set up to tell me whether we’ve won or not. I can’t wait for the day she announces that I’m a millionaire. Though as a fortune teller once told me I’d be very, very rich very, very late in my life, perhaps I should be careful what I wish for.

I think older ones don't win because they're so small in number compared to today.

Back in the 60s my mother had one, now people can buy up to £50,000.

I won £100 this month and generally have a win most months, I generally receive around £600 a year.
Not true that older bonds do not exist, DD has one from 1969, still valid.

I have £30 of bonds purchased in the 1960s. I have had one win of £90 thirty years ago.

I wrote to the NS&I some months ago to give them a change of address. I received a letter back saying the bonds purchased in the 1970's no longer existed! So I would recommend anybody with old stock, cash them in and buy new ones.

Did you get an email muse?

Went back to check and one prize of £100.?

My mum bought my daughter £1 one in 1970. She's never won with it.

We bought Bonds with our lump sums when we retired about 12 years ago with high hopes. We have never had more than £100 win in a month. It makes you realise how many people have them. We got £25 this month. Better than interest we would get anywhere I suppose. We are ever hopeful

I bought £350 worth of premium bonds about a year ago but have never checked because I thought you were contacted if you won, is that not right?

I’d be happy with £25, please…?

We won £75 today! My husband had to have dental work this afternoon and it cost precisely £75. What the Lord giveth with one hand.............

Thanks everyone for explaining the odds, I understand a bit better now. Congrats to everyone who has won this month as well. I agree, the winnings are better than the current interest rates available in most savings accounts. I also love the excitement of checking each month.

I am very happy having won £25 x2. As tanith said it is a lot more than the bank pays me. I also like the excitement of looking each month and most months I am lucky.

I have Premium Bonds from early 1970 's and late 1980's never won a penny!

DH has a theory that only the newer bonds go into the draw, Chestnut.

I think he could be right.

Juts had a quick look through the winner numbers and they all seem to be more recent, purchased in the 20th century. I noticed a couple from 1994. So where are all the winners who bought their bonds before 2000? People have been buying them since 1956 yet all the winners seem to be from the last 20 years. I'm suspicious.

Count yourself lucky. I have never won anything with my £10 worth of premium bonds, and prefer to invest in ISAs where the return may be less, but is rather more predictable.

I like the frisson of excitement each month ?

Kateykrunch it may be your turn to win £1m one month (after my turn of course).

I have a few more recent bonds but one old £1 bond dates from 1956 (bought by my mother). It has never won a penny! How can that be in 65 years not to have won anything? I'm convinced that no matter what they say the older bonds do not get a look in. Or does anyone have an old bond that has won?

I have the maximum holding of Premium Bonds and have regular wins virtually every month - I worked out the interest as being higher than ISAs.

I found it strange that when I had a small direct debit in place and purchased bonds every month, I pretty much won every month...never a large amount.
Since cancelling the payment, I've rarely won!

Only one £25 this month but it’s more than sitting in the bank.

Thank you for reminding me to check.

I have won 3 x £25.00 this month

Seeing this thread prompted me to check, I have one 5 X £25 whoopee!!

I've won £25 this month too. I think there are about 3 million £25 prizes per month whereas there are only a couple of prizes of £1m. I did once win £500 though!