€25k invested in prize bonds

Dazler97

I have £10 prize bonds from post office from 1995 (before i was born) also loads of old Irish currency not sure its any value

dxhound2005

There is about €350 million in Punts still out there, and the Central Bank will exchange it indefinitely.

"MON, 13 JUN, 2022

THE Central Bank has swapped more than €2.9m worth of old punts over the last four years, including more than €625,000 in coins.

All the largest exchanges last year were worth less than €10,000, according to records, with the highest transaction dealing with £7,724, or €9,808, in ‘new money’."

Your two IR£5 bonds can be cashed in for €6.35 each. In the draws they are given a weighting to reflect their value compared to the current bonds worth €6.25 each.

2.         The Prize Bonds Regulations are hereby amended—

(a)        in Regulation 2, by the substitution of the following definition for the definition of “bond”:

“ “bond” means a prize bond with a principal repayable value of—

(a)    in the case of a bond to which the serial number DL000001 or a subsequent serial number has been allocated pursuant to Regulation 5, €6.25; and

(b)    in the case of all other bonds, €6.35”;

(b)        in paragraph (1) of Regulation 4, by the substitution of “€6.25” for “ £5”; and

(c)        in Regulation 9, by the substitution of the following paragraph for paragraph (2):

“(2) Each bond included in a draw shall have a chance of being selected for a prize in proportion to the principal repayable in respect of the bond.”.

3.         (1)        These Regulations may be cited as the Prize Bonds (Amendment) Regulations, 2004.

WhiteMan32

Winnings on 13th Jan 2023 on €110k: €50

Last win on 4th Nov 2022: €50

John arse

1x€50 in December-Grand total €500(10 x€50) in 2022 on €170k.

pbwinner

Winnings on 13th December 2023: €0

Last win 5th August 2022: €50

Total winnings on €25k from Feb 2011 to date: €3250

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 5 = €250

2021: €50 x 1 = €50

2022: €50 x 1 = €50

2023: €0

Agent Smyth

Haven't posted in a while

Had 21 wins last year on €245k all of them been €50s

Happy new year to you all

😘

Hibernicis

https://www.boards.ie/discussion/comment/120108657#Comment_120108657

Well done. I thought I was doing ok with 15x€50 on €258k !

If you don't mind me asking, did you have the same total sum invested in 2020 and 2021, and what were your €50 wins in those years ? (I seem to remember you had a larger win at some point, but I may be wrong in that.

Agent Smyth

https://www.boards.ie/discussion/comment/120108945#Comment_120108945

Yes I had the "Big" €1k win on the 29th of January 2021 which brought that years winnings up to €2050, 22 wins

And had €315K for the year in PB's

sorry second correction!!

Just went through my posts for 2020 and I don't seem to have posted any winning before May in 2020

and what I can see is I only won 11 times, all €50s on the same amount

If I get time I might route through my files and see if that's correct

Saudades

https://www.boards.ie/discussion/comment/120073983#Comment_120073983

https://www.boards.ie/discussion/comment/120106821#Comment_120106821

Happy new year everyone.

Winnings on 6th December 2023: €0

Winnings on 13th December 2023: €0

Quite negative predictions.

Agent Smyth

https://www.boards.ie/discussion/comment/120110630#Comment_120110630

It's amazing what you do forget!!!

The reason I'd no wins in 2020 till end of May 2020 is I'd had run down the PB fund to around €65k by end of March

But in April I bought €250k which brought my holdings back up to the €315k

So for the final six months of 2020 I had eleven wins on €315k

Shauna677

https://www.boards.ie/discussion/comment/120114299#Comment_120114299

315k in prize bonds is massive sum, the price of a house.

Would you not consider speaking to independent financial advisor for other options or is it simply you feel there's too much uncertainy around global stock markets presently.

Agent Smyth

https://www.boards.ie/discussion/comment/120114384#Comment_120114384

And what makes you think that I don't already have other investments that are giving me a better return 😘

Shauna677

https://www.boards.ie/discussion/comment/120114638#Comment_120114638

Ah ok, you would be unusual in the sense the vast majority of people wouldnt have your wealth. You have of course a much more elevated chance of winning when you have hundreds of thousands to put into the prize bonds

pbwinner

https://www.boards.ie/discussion/comment/120111326#Comment_120111326

😁 Damn you copy-and-paste :)

pbwinner

Winnings on 20th January 2023: €0

Last win 5th August 2022: €50

Total winnings on €25k from Feb 2011 to date: €3250

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 5 = €250

2021: €50 x 1 = €50

2022: €50 x 1 = €50

2023: €0

PB2018

Wins on 20th January 2023: €0

Last win: 6th January 2023: €50

Weeks since last win: 2

€134k invested in prize bonds since July 2017

Win ratio: 37 wins in 290 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-Dec): 10 x €50 = €500

2021 (Jan-Dec): 2 x €50 = €100

2022 (Jan-date): 7 x €50 = €350

2023 (Jan-date): 1 x €50 = €50

carrickbawn

Nothing last week or this week. Not a promising start to 2023.

dxhound2005

€50 for me today, first win since 09 December.

Longford is the lowest county with 15 wins, but 2 of them to the same person.

Prize Value Winning Prize Bond Location

€50.00 ABH399608 Longford

€50.00 ABH399740 Longford

notsocutehoor

I'm on a roll, 2 weeks in a row, Congratulations €50, last win 13/1/2023, second win this year

Prize Bond bought July 2020

Winnings to date (no winning records kept pre 2005) €2,175 on €11,800 (including reinvestments) worth of PB's bought monthly over a 25 year period plus €20,000 bought in Feb 2016 (seven €50 wins on the February 2016 purchase), plus €20,000 bought in July 2020 (three €50 wins on the July 2020 purchase), plus €30,000 bought in October 2020 (three €50 wins on the October 2020 purchase).

Winnings 2011 €75

Winnings 2012 €150

Winnings 2013 €200

Winnings 2014 €100

Winnings 2015 Zero

Winnings 2016 €200

Winnings 2017 €250

Winnings 2018 Nada, Zilch, SFA

Winnings 2019 €250

Winnings 2020 €150

Winnings 2021 €150

Winnings 2022 €100

Winnings 2023 €100 (and counting)

Roll on next Friday

Mormegil

Bought a couple more batches recently which were issued 11 days apart.

Was curious how many Prizebonds were sold in those 11 days.

Including the ones I bought there were 2,931,009 Units issued.

dxhound2005

That works out at about €50 million for 30 days. I do a post after the first draw of each month working out the approximate value of sales in the previous month. By taking the difference between the newest winning numbers. €50 million is very much in the ball park.

See post #8422 where I made the sales for December 2022 to be around €47 million. And as it was the end of the year, post #8423 sales of around €617 million for the year. The monthly sales and encashment figures are published in the annual reports. You can see the 2021 figures in the link below, page 22. 2022 figures will be out sometime around April or May.

https://www.statesavings.ie/media/pdf/prizebonds_annualreport_2021.pdf

POBox19

The UK's National Savings & Investments Board are increasing the rate paid on their Premium Bonds to 3.15%, winning odds are 24,000:1 per £1 bond, minimum purchase is £25, max. is £50k. This follows the rate increasing from 2.20% to 3.00% on 1 January 2023. An investment of £50K could see an average return of around £1575.

Any chance that State Savings will get even close to 3%?

https://www.nsandi.com/products/premium-bonds

Hibernicis

https://www.boards.ie/discussion/comment/120155362#Comment_120155362

No.

pbwinner

Winnings on 27th January 2023: €0

Last win 5th August 2022: €50

Total winnings on €25k from Feb 2011 to date: €3250

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 5 = €250

2021: €50 x 1 = €50

2022: €50 x 1 = €50

2023: €0

VonLuck

Has anyone ever gotten the error "sorry we were unable to process your payment" when trying to purchase Prize Bonds? I thought I might have been over my bank daily transfer limit so I tried reducing the value and still no luck.

Sligo Quay

https://www.boards.ie/discussion/comment/120114638#Comment_120114638

Good for you, that's a fantastic investment, highest I ever went was 100k with 4 batches 10k 20k 30k 40k, I cashed in the 40k batch in July 2022 bringing mine back down to 60k with 3 batches 10k 20k 30k, I might cash in the 10k batch this year and hold on to the 20k 30k batches.

Nothing for me this week, last win 2nd December 2022 €50.

I see ZH65696 won the 50k and it's not a Greek bond, it's Waterford, the Greek bonds are higher up in the 800000s

PB2018

Wins on 27th January 2023: €0

Last win: 6th January 2023: €50

Weeks since last win: 3

€134k invested in prize bonds since July 2017

Win ratio: 37 wins in 291 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-Dec): 10 x €50 = €500

2021 (Jan-Dec): 2 x €50 = €100

2022 (Jan-date): 7 x €50 = €350

2023 (Jan-date): 1 x €50 = €50

carrickbawn

Nothing here again. I €50 euro win in 7 months. Not good.

dxhound2005

Nothing for me.

January count, the same 15 million bonds BCB to BCP in each of the four draws. Not counting a €500 and a €1,000 winners.

Friday 06. 104 prizes, highest BCF 11, lowest BCI 1.

Friday 13. 84, BCI 9, BCC 2.

Friday 20. 105, BCH & BCJ 11 each, BCG 1.

Friday 27. 80, BCG 11, BCH & BCM 2 each.

Highest overall BCF 33 (11,6,7,9). Lowest BCM 19 (6,3,8,2).

60 million bonds won 373 prizes, average per million 6.217. x 52 x €50 = €16163.33. Divided by 62.5 to get what €100K would win in a year with the same luck = €258.61, nearest to 5 x €50.

POBox19

https://www.boards.ie/discussion/comment/120165438#Comment_120165438

Yes. It was my bank that caused the issue. I had to call them and they fixed it for one purchase, but then it happened again. So, I transferred cash into Revolut and that went through without any problems.