€25k invested in prize bonds

Mantis Toboggan · 30-12-2021 2:40pm

That is unlucky, I've a similar amount and had 10 wins.

Another 50e today to round off a good year.

dxhound2005 · 30-12-2021 3:22pm

€50 for me today. A good start and a good finish to the year helped me to a better than average return of around 0.4%. Two wins in January, three February and two in December. One each in May, June, August, September and November, total 12 x €50. Two of my batches €10K and €18.5K won nothing.

Sultan of Bling · 30-12-2021 3:49pm

50K bought between June and August 2021.

Wins this week: 0

Total wins so far: 100

PB2018 · 30-12-2021 4:15pm

Wins on 30th December 2021: €0

Last win: 23rd December 2021: €50

€134k invested in prize bonds since July 2017

Win ratio: 26 wins in 234 weeks (11%)

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-date): 2 x €50 = €100

dxhound2005 · 30-12-2021 6:20pm

December count.

03 December 23 million bonds AXQ to AYM inclusive. Total prizes 123, average per million 5.348. Highest AYG 9, lowest AYE 2.

10 23 m AXS to AYO, 143, 6.217. AYD, AYL 11 each, AXV 1.

17 24 m AXT to AYQ 164, 6.833. AXV, AXZ, AYQ 11 each, AYI 1.

23 24 m AXV to AYS 135, 5.625. AYC 10, AYE 1.

30 23 m AXX to AYT 153, 6.652. AXX, AYS, AYT 9 each, AYD, AYK 3 each.

117 million bonds won 738 prizes, all €50. Average per million 6.308. x 52 x €50 = €16,400.80. Divided by 62.5 to get what €100K would win in a year with the same luck = €262.41. Nearest to 5 x €50.

Agent Smyth · 31-12-2021 8:05am

Yep, finishing a fairly good year in PBs with a double win of 50's from the big batch

According to the PB site I won €2050 from 22 wins on €315.5K, one of which was the €1000

And before anybody says anything, yes I know I can make a better return from investing elsewhere and I do!!

Happy new year to one and all on Boards 😊

thefasteriwalk · 31-12-2021 1:36pm

I've had 1x€50 win this year on 45k. All going well, I'll be buying a house this summer so I'll be pulling most of it out.

31-12-2021 2:47pm

https://www.boards.ie/discussion/comment/72959350#Comment_72959350

IGNORE. DELETE PLEASE.

Sligo Quay · 31-12-2021 6:19pm

https://www.boards.ie/discussion/comment/118390414#Comment_118390414

I know that, only the format design changed, the old state image with the harp since 1957 was replaced with the new Fexco design.

Nothing for me today and happy new year to all, total wins in 2021 €250euro.

Andrea B. · 31-12-2021 6:58pm

Is only option via paper exercise to cash out of PB's?

Taylor365 · 31-12-2021 9:02pm

https://www.boards.ie/discussion/comment/118394644#Comment_118394644

Ahem.

You do know you could make a worse return by leaving it sitting in a bank account! :pac:

Happy New year all.

beertons · 31-12-2021 9:41pm

2022 be all our year. Bring on the big bucks!

Andrea B. · 01-01-2022 1:34pm

https://www.boards.ie/discussion/comment/118397841#Comment_118397841

Cashing out ☹️.

dxhound2005 · 06-01-2022 12:01pm

I got my new bonds from the 30 December 2021 draw. I also won on the first draw of the year 04 January 2021. Taking the difference between the serial numbers, I would put the sales for 2021 at around €665 million. The Annual Report with the figures will be later this year.

Sales in 2020 were €735 million, a record figure. 2019 a "normal" year sales were €537 million.

Mantis Toboggan · 06-01-2022 12:54pm

Didn't realise there was another draw on the 30th dec, thankfully won 50e. Hopefully next year has similar luck.

lintdrummer · 07-01-2022 1:43pm

Hi all. So I invested 250k in Prize Bonds in early December.

Wins on January 7th: €0

Wins in December 2021: €200

Happy with the €200 so far, hoping my luck continues!

pbwinner · 07-01-2022 2:25pm

!!! *** ONE MILLION ***!!!!

...views of this thread.

🙃🤤

pbwinner · 07-01-2022 2:28pm

Winnings on 07 January 2022: €0

Last win 12th November 2021: €50

Total winnings on €25k from Feb 2011 to date: €3200

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: €0

tuisginideach · 07-01-2022 2:39pm

It starts as it finished - nothing!

PB2018 · 07-01-2022 3:27pm

Wins on 7th January 2022: €0

Last win: 23rd December 2021: €50

Weeks since last win: 2

€134k invested in prize bonds since July 2017

Win ratio: 26 wins in 236 weeks (11%)

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): €0

Andrea B. · 07-01-2022 5:54pm

https://www.boards.ie/discussion/comment/118433120#Comment_118433120

Horrible return (but better than mine).

Agent Smyth · 07-01-2022 6:20pm

https://www.boards.ie/discussion/comment/118433100#Comment_118433100

Wow, where on the list of most viewed threads would that land you, top ten, top one hundred ??

dxhound2005 · 07-01-2022 7:45pm

Nothing for me. The number of €50 prizes in the January draws is 4,373 up from 4,225 in December.

The newest bond to win a prize on 03 December was AYN 265103, newest 07 January AYV 705919, sales of around €52.7 million

I think there is something going on, because those sales should not have produced anything near the 148 increase in €50 prizes. The previous three months were increases of just 26, 25 and 25, with much the same sales.

Last January the number of €50 prizes came down, as it turned out that was part of the recalculation due to the interest rate reduction in February. So this could be an unexpected increase in the interest rate. Because the amount given to big prizes is fixed at the start of the year, and the €50 prizes are recalculated at the start of each month a planed interest rate increase next month or any month would increase the number of €50 prizes in January. Other than that it could be that some of the big prizes money is being redirected to €50 prizes.

Sultan of Bling · 08-01-2022 2:07pm

50k bought in the 2nd half of 2021.

Winnings in 2021: €100

Winnings in 2022: 0

Atlantis50 · 08-01-2022 7:23pm

https://www.boards.ie/discussion/comment/118435372#Comment_118435372

Interesting.

Any thoughts on why they would increase the interest rate so soon after cutting it?

I know there's lots of talk in general about interest rates being increased in the future to combat inflation (BOE have implemented a marginal increase, Fed signalling increases this year, ECB not appearing so quick to increase rates) so perhaps it is in response to that. It doesn't seem to be a response to a decrease in sales as they appear to have increased or held up since the rate cut last year.

dxhound2005 · 08-01-2022 9:58pm

That is why I said unexpected. No point in speculating much further, but if the Government has decided that they could do with some more of the massive savings out there, I think they will be increasing the rate for other NTMA products as well. Prize Bonds is only a small amount of the overall.

Up until now their plan has been to restrict savings, which is why we got the €250K cap on the products a few years ago. After 2017 we got used to the idea of the rate being fixed for a number of years, but in the past, rate changes were more frequent.

2000 2.75%.

2004 2.4%

Sept 2007 3%.

Jan 2012 2.25%

June 2012 1.75%.

Dec 2013 1.6%

Nov 2014 1.25%.

July 2016 0.85%.

Aug 2017 0.5%.

Feb 2021 0.35%.

AyeGer · 08-01-2022 10:04pm

Uncle of mine won 50k a year or so ago. Hope I can be as lucky with mine. Before I moved my money in I had a large enough sum in BOI. The interest was pitiful. At least with prizebonds I feel there is a chance of a nice surprise.

Hibernicis · 11-01-2022 5:23pm

Holding & Prizes Summary – 2018 to 2021

2018 (Jan-Dec) - €200k – 12x€50 = €600

2019 (Jan- Dec) - €250k – 20x€50 = €1,000

2020 (Jan- Dec) - €252k – 24x€50 = €1,200

2021 (Jan- Dec) - €257k – 6x€50 = €300

My holding is comprised of 4no €50k batches and the remainder which is a mix of smaller batches, DD purchases and reinvested winnings and which now totals €57k. All prizes are €50.

As I have done in previous years, I compared the performance of these (roughly) comparable batches

Batch 1 (€50k)

2019 - €150

2020 - €200

2021 - €0

Batch 2 (€50k)

2019 - €300

2020 - €200

2021 - €250

Batch 3 (€50k)

2019 - €200

2020 - €350

2021 - €0

Batch 4 (€50k)

2019 - €150

2020 - €200

2021 - €0

Remainder* (€53k)

2019 - €200

2020 - €250

2021 - €50

Net Return (annualised)

2019 - 0.40%

2020 - 0.48%

2021 – 0.12%

For 2019 and 2020 I was a slightly ahead of the expected return of .35% however the spread was roughly in line with the expectations in dub_nerd's spreadsheet on AAM

In 2021 things went pear shaped. While the notional interest rate (.35%) has decreased, and with it the expected return when the large prizes are excluded (.22%), the fact that I have 3 x €50k batches with no prizes between them is statistically highly unlikely.

I can only assume that the gross incompetence that An Post/State Savings regularly display in the administration of prize bonds and their other products has now spread to the conduct and administration of the prize draws.

pbwinner · 14-01-2022 1:54pm

Winnings on 14 January 2022: €0

Last win 12th November 2021: €50

Total winnings on €25k from Feb 2011 to date: €3200

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: €0

PB2018 · 14-01-2022 1:59pm

Wins on 14th January 2022: €0

Last win: 23rd December 2021: €50

Weeks since last win: 3

€134k invested in prize bonds since July 2017

Win ratio: 26 wins in 237 weeks (11%)

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): 0 x €50 = €0

€25k invested in prize bonds

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