€25k invested in prize bonds

dxhound2005

Thargor wrote: »

Nothing since Sep 11th on 100k, running at exactly 0.4% for the year, pathetic, need to buy a house and never bother with these timewasters again.

0.5% of the fund goes to prizes. A big chunk of that for the 2 x €1m and the 50 x €50K. If you were expecting anything more than about 0.35%, you did not do your research.

John arse

dxhound2005 wrote: »

0.5% of the fund goes to prizes. A big chunk of that for the 2 x €1m and the 50 x €50K. If you were expecting anything more than about 0.35%, you did not do your research.

question time-what are the averages for a win?on say 100k(i have it in my head that it's seven or eight times a year,once a year on 10k roughly?)

Bubbaclaus

Thargor wrote: »

Nothing since Sep 11th on 100k, running at exactly 0.4% for the year, pathetic, need to buy a house and never bother with these timewasters again.

0.4% is better return than average, if you exclude the 2 people that will win the 1 million euro prizes.

dxhound2005

John arse wrote: »

question time-what are the averages for a win?on say 100k(i have it in my head that it's seven or eight times a year,once a year on 10k roughly?)

Since it has to be in multiples of €50 the closest is €350 on 100K, 0.35%. That is the approximate amount of the prize fund which goes to all the €50 winners in a year, so that is the average return. But you could win nothing in a year with 100K with a bad run of luck.

John arse

dxhound2005 wrote: »

Since it has to be in multiples of €50 the closest is €350 on 100K, 0.35%. That is the approximate amount of the prize fund which goes to all the €50 winners in a year, so that is the average return. But you could win nothing in a year with 100K with a bad run of luck.

yeah that's what i thought,as i previously stated on 131k-one year 1 win,next year 13 wins.(nuts!)

Hibernicis

dxhound2005 wrote: »

Since it has to be in multiples of €50 the closest is €350 on 100K, 0.35%. That is the approximate amount of the prize fund which goes to all the €50 winners in a year, so that is the average return. But you could win nothing in a year with 100K with a bad run of luck.

There is an excel table available on the Prize Bond thread on askaboutmoney.com which shows the probability of winning different numbers of prizes annually for any holding amount. The link to the table has been posted on this thread on a number of occasions.

dxhound2005

Hibernicis wrote: »

There is an excel table available on the Prize Bond thread on askaboutmoney.com which shows the probability of winning different numbers of prizes annually for any holding amount. The link to the table has been posted on this thread on a number of occasions.

When the Annual Report is published, it is possible to calculate exactly the return given to €50 prizes. I posted this for 2018 and 2019 in post #6005, page 401.

Probability is the operative word of course, when it comes to dividing this out to 600 million bonds over the course of any 52 draws.

John arse

Hibernicis wrote: »

There is an excel table available on the Prize Bond thread on askaboutmoney.com which shows the probability of winning different numbers of prizes annually for any holding amount. The link to the table has been posted on this thread on a number of occasions.

excel lent!

pbtracker

Nothing again for me this week..

Winnings on 4th December 2020: €0
Last win : €50 6th Nov 2020
Investment :
Up to Aug 2020 : €12K
Aug 2020 : €72K
Sept 2020 : €77K
Total winnings to date: €200

adox

Nothing for me again this week.

Hoping for one more win before the end of the year but weeks running out!

dxhound2005

dxhound2005 wrote: »

I wonder is it as bad as the UK. NS&I have provoked the equivalent of a run on a bank by reducing their rates to zero (not Premium Bonds). Listen at 14 minutes here.

https://www.bbc.co.uk/sounds/play/m000pw7f

More on BBC radio 05 Dec, listen at 15:45. If this is happening in our State Savings I think it would have had some publicity by now.

https://www.bbc.co.uk/sounds/play/m000q3jb

DM1983

I see a lot of people on here with large prize bond holdings. How do you purchase a large amount? Bank draft in a post office? Any way to do it easily with a bank transfer? Thanks in advance

sportsfan90

DM1983 wrote: »

I see a lot of people on here with large prize bond holdings. How do you purchase a large amount? Bank draft in a post office? Any way to do it easily with a bank transfer? Thanks in advance

Bank Draft in the post office for your chosen amount made out to An Post is how I did it.

Hibernicis

DM1983 wrote: »

I see a lot of people on here with large prize bond holdings. How do you purchase a large amount? Bank draft in a post office? Any way to do it easily with a bank transfer? Thanks in advance

I used my debit card to purchase in batches online. The debit card transaction maximum varies a lot from bank to bank. I am with Ulster and they allow up to €50k per transaction.

tuisginideach

tuisginideach wrote: »

Nothing today

Nor today

adox

Nothing for me.

PB2018

Wins on 11th December 2020: €0
Last win - 27th November 2020: €50
Weeks since last win: 2
€134k invested in prize bonds since July 2017
Win ratio: 23 wins in 180 weeks (13%)
2017 (Jul-Dec): 5 x €50 = €250
2018 (Jan-Dec): 4 x €50 = €200
2019 (Jan-Dec): 5 x €50 = €250
2020 (Jan-date): 9 x €50 = €450

Maggie Benson

pbwinner wrote: »

Hiya,
Thought I'd update this thread on the success (or not) of €25k (yes, €25,000) I invested in PBs since February.

Purpose of this thread is to give some indication of the success rate of PBs for the ordinary punter as I assume €25k is large amount to invest in one go.

Planning to keep it in there for a year or so.

Winnings to date: €25

Better than the interest you would get on 25k elswhere!!

pbtracker

Another zero euro for me this week..

Winnings on 11th December 2020: €0
Last win : €50 6th Nov 2020
Investment :
Up to Aug 2020 : €12K
Aug 2020 : €72K
Sept 2020 : €77K
Total winnings to date: €200

Agent Smyth

A €50 winner for us today from the smaller batch

pbwinner

Winnings on 11th December 2020: €0
Last win 25th September 2020: €50
Total winnings on €25k from Feb 2011 to date: €3050
2011: €75 x 4 €300
2012: €75 x 6 €450
2013: €50 x 12 €600
2014: €50 x 9 €450
2015: €50 x 5 €250
2016: €50 x 5 €250
2017: €50 x 4 €200
2018: €50 x 2 €100
2019: €50 x 6 €300
2020: €50 x 3 €150

Odeta

Not a peanut this week but I’m channelling my good vibes towards the Euromillions tonight (I’ve gotta feeling) If it’s won in Kildare you might not be hearing from me for a while

carrickbawn

Another 50 for me today. Almost afraid to type the words in case I jinx my present run of luck.

Cork Lass

Nothing for us this week

DM1983

Anyone know when you have to have money in prize bonds for to be eligible for the €1m draw in December?

Neames

DM1983 wrote: »

Anyone know when you have to have money in prize bonds for to be eligible for the €1m draw in December?

Prize Bonds €1m Draw, 23rd December 2020 - The last day to purchase Prize Bonds to ensure inclusion in the €1m Draw is 11th December

WhiteMan32

Winnings on 11th December 2020 on €110k: €50 X 2
Last win on 28th August 2020: €50

Andrew Flexing

€50 x2 this week.

Was told on Friday we're all to be made redundant in work, so its nice to get a double on the PBs.

Hope one of us 'Boardsies' wins the 1m on the 23rd!
We're counting on the infamous Glitch!!!!

carrickbawn

Andrew Flexing wrote: »

€50 x2 this week.

Was told on Friday we're all to be made redundant in work, so its nice to get a double on the PBs.

Hope one of us 'Boardsies' wins the 1m on the 23rd!
We're counting on the infamous Glitch!!!!

Personally I would much prefer if they gave 20 people €50000 each.
That amount could help a lot of families.

Agent Smyth

Andrew Flexing wrote: »

€50 x2 this week.

Was told on Friday we're all to be made redundant in work, so its nice to get a double on the PBs.

Hope one of us 'Boardsies' wins the 1m on the 23rd!
We're counting on the infamous Glitch!!!!

Sorry to hear the news, Hopefully the transition to the next job is short, smooth and easy, Best of luck