Premium Bonds - Not a bean for months now!!!!
Discussion
First month of following purchase of £30k following house sale and filling up a number of savings accounts; thought I would put some in PB.
£25 on £30k.
Where do you find the details of winners of significant prizes? i.e. prize, number of bonds held, county - not after actual address ;-)
£25 on £30k.
Where do you find the details of winners of significant prizes? i.e. prize, number of bonds held, county - not after actual address ;-)
Mariosbt said:
What happens to dead peoples bonds if they are not left in a will... do they just carry on being unclaimed wins if drawn? If so there could thousands of numbers drawn that will never be claimed.
Not unclaimed as such though are they? They are either posted to you as a cheque which will be returned to sender and I imagine investigated as to why or reinvested until you hit a big win and agent millionaire comes to find you.webstercivet said:
sh1ggsy said:
There is currently over £63 million in unclaimed bonds.
£63m in unclaimed prizes. Not a huge amount, relative to the £80 billion total invested and £93m in prizes per month.webstercivet said:
Mariosbt said:
Yes ..but if they are drawing numbers that belong to f@cking ghosts, they are not going to be claimed ffs. 9 out of 10 numbers drawn may belong to deceased.
Eh? No idea what point you're making there.webstercivet said:
Eh? No idea what point you're making there.
I think the point is that the bonds numbers that are unclaimed are probably mostly still eligible for current draws, if they were to win again (or any in the same batch they were purchased with) then their existence just reduces the chances of winning for everyone else, good for the government though, they have to payout less. 5 of the unclaimed bonds are worth £100k each.
sh1ggsy said:
I think the point is that the bonds numbers that are unclaimed are probably mostly still eligible for current draws, if they were to win again (or any in the same batch they were purchased with) then their existence just reduces the chances of winning for everyone else, good for the government though, they have to payout less.
5 of the unclaimed bonds are worth £100k each.
Yeah, but they're a small percentage. For the whole time premium bonds have existed, there's only £63m unclaimed prizes. There's £93m in fresh prizes every single month. So shouldn't be a major concern.5 of the unclaimed bonds are worth £100k each.
Gassing Station | Finance | Top of Page | What's New | My Stuff