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Premium bond winnings.

(59 Posts)
Usedtobeblonde Fri 07-Aug-26 12:14:05

This may be odd to you but if you hold Premium bonds and when you win how many times in your mind do you spend that money?
I won £125 this month and I need new step ladders so I will spend it on those.
I need to hire a skip to get rid of all our decluttering , oh that’s ok I can put my winnings toward that.
My S told me this morning he is taking the GS’s away on Monday so I will give them extra spends.
By the end of the month I will have spent that money several times over.
I would spend on those things anyway but that sum of money means I justify all my purchases.
Are you disciplined or do you save it?

tanith Fri 07-Aug-26 12:18:45

My bond winnings go straight to buying more bonds.

Tuliptree Fri 07-Aug-26 12:23:35

Same as Tanith until I get to the limit of course

Crumbly159 Fri 07-Aug-26 12:30:07

Oh it's probably just the thrill of winning that generates a 'feelgood' factor - and realising that your bonds exist and haven't vanished into some kind of Bermuda Triangle.

My Dad gifted me some bonds in 1965 - I've never won a sausage and I'm sure they must have disintegrated by now.

But congrats whatever you decide to 'splurge' your win upon.

TerriBull Fri 07-Aug-26 12:36:51

I spend them, they just go grin

kittylester Fri 07-Aug-26 12:37:30

I get that UTBB

DH has stopped buying a season ticket for the football so we are having work done on the roof and the outside decorated and possibly a weekend away. Flipping expensive season ticket. grin

HelterSkelter1 Fri 07-Aug-26 12:43:26

Both DH and my winnings go into the "bills" account. We regard it as joint money. This monry I had a better than average win. First time ever a 500.00. We normally get about 200.00 between us. The extra 300 I will give to DD2 as its their 1st anniversary next week so they can put it towards a night away when the weather is cooler.
Their wedding day last year was the hottest day of the year looks like the same this year.
DH and I treat the P bonds like a bank account with interest...but a bit more fun and look forward to the 2nd day of the month. Still waiting for a big win!! Which I will divide between 2 DDs and us.

J52 Fri 07-Aug-26 12:47:51

I usually just leave them in the bank account, mostly because I don’t have large wins.
The only time I did have a largish win ( under £1000) I had seen a painting that I liked, so I spent the money on it.

Usedtobeblonde Fri 07-Aug-26 12:49:51

I don’t need to save at 89 so it just goes, it’s a good feel.

HelterSkelter1 Fri 07-Aug-26 12:50:38

That is lovely to hear J52. I would do something similar with a big win. Well a win between 500 and 1K

Ladyleftfieldlover Fri 07-Aug-26 12:55:01

I always put any winnings towards something special. In the past I’ve paid for a picture to be framed, bought a beautiful plate and put it towards a new dress. My daughter always buys more Bonds.

Charleygirl5 Fri 07-Aug-26 13:02:16

My winnings, like others are used to buy more. I must be reaching the maximum one of these days. It would be good to spend the money eventually.

I won zilch this month, but I have won a small amount every month for months. There as to be a rest. I have never won a significant amount. £25 is better than nothing.

Dylis Fri 07-Aug-26 13:08:27

I won £5000 a few months ago! Huge excitement and now planning a special trip away.
I was given a bond on my 1st birthday over 65 years ago. Didn't win a penny for all those years. I decided to buy some last year with money left to me by my Mum and still can't believe I won!

J52 Fri 07-Aug-26 13:24:08

Dylis

I won £5000 a few months ago! Huge excitement and now planning a special trip away.
I was given a bond on my 1st birthday over 65 years ago. Didn't win a penny for all those years. I decided to buy some last year with money left to me by my Mum and still can't believe I won!

That’s great. Lovely to have a holiday you didn’t expect, certainly a windfall, enjoy choosing.

AmberGran Fri 07-Aug-26 14:08:05

Like a lot of others any winnings go back to buying more bonds. Eventually we might be able spend some smile

When we first bought them we won nothing for about a year but more recently we've won a bit more. My max is £350, DH won £650 this month, the most he's ever had. Mainly it's £25 or £50. I suspect we are winning more because so many have got rid of their bonds because interest rates went up.

YorkLady Fri 07-Aug-26 14:14:55

I too won £125 this month. Spent it already on the grandchildren 😂
At the month end I’m always dreaming how I’m going to spend the million pounds prize, when I get lucky next month 🤞

Usedtobeblonde Fri 07-Aug-26 14:33:35

So am I YorkLady😎

Dwmxwg Fri 07-Aug-26 14:44:22

We have a separate “holiday” bank account. We both pay in a small amount each month and top up with our premium bond wins. It usually covers our spending money for any holidays we take through the year.

Primrose53 Fri 07-Aug-26 14:49:39

This month both myself and husband only won £25 each. Daughter won £500 and she only has £2500 worth. So that was really good. husband is luckier than me but he has the max. Forgotten how many I have.

SporeRB01 Fri 07-Aug-26 14:57:53

I have done very well with my premium bonds. Won £75 this month.

All winnings automatically reinvested buying more bonds.

kittylester Fri 07-Aug-26 14:59:09

DH and I both have a fair amount but neither of us has won anything for the past few months. I expect we are due a huge win soon. grin

MawsRosie Fri 07-Aug-26 17:28:47

I am currently reclining on my luxury yacht somewhere off the coast of Greece being hand fed Ferrero Rochers and pink champagne by my adoring and overpaid crew trying hard to get through last months winnings before I get stuck into this.
It’s a hard job but somebody has to do it.

Doodledog Fri 07-Aug-26 17:39:27

I got £200 this month, which is the first win for a while (since February, I think). It gets reinvested, but if I won over £1000 I would split it between the children, I think. More than £10k would be split three ways, to include us.

Going on past performance, however, I won't be holding my breath.

Tuliptree Fri 07-Aug-26 17:51:52

I once read up on what happens if you win one of the two £1m prizes. Apparently you are informed the day before by an AM - Agent Millionaire- who calls in person at your house. I have day dreamed this scenario. 😂

Tuliptree Fri 07-Aug-26 17:52:29

But this month it was £25