€25k invested in prize bonds

tuisginideach · 07-10-2022 1:59pm

nothing AGAIN

WhiteMan32 · 07-10-2022 2:22pm

Winnings on 7th October 2022 on €110k: €50

Last win on 29th July 2022: €50

pbwinner · 07-10-2022 2:40pm

https://www.boards.ie/discussion/comment/119712794#Comment_119712794

Can you quantify "decent sum"?

pbwinner · 07-10-2022 2:42pm

Winnings on 7th October 2022: €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

Taylor365 · 07-10-2022 7:29pm

https://www.boards.ie/discussion/comment/119653167#Comment_119653167

Was parked for house deposit. Got it back within 5 days which was pretty speedy!

Could say that it is a better home for it yes :P

AyeGer · 07-10-2022 7:43pm

https://www.boards.ie/discussion/comment/119713335#Comment_119713335

6 figures

Not 6 zeros though unfortunately

Rulmeq · 08-10-2022 7:35am

https://www.boards.ie/discussion/comment/119714685#Comment_119714685

Well, assuming you got a single €50 prize, then you've underestimated the return by a factor of 100.

€50/40,000 = 0.125% (or 0.00125 if you want to express it as a fraction instead of a percentage). It's still not great, but you did better than I did with €25k for nearly 12 months last year.

As an aside: I have to say the usual trolls are very quite this year with their "I invested €5 in <<latest fad>> and I'm now a billionaire, why are you too stupid to do the same"

AyeGer · 08-10-2022 9:21am

Yeah it’s 0.0125% long time since I did maths 😂😂

Still a crap return

dxhound2005 · 08-10-2022 3:35pm

Congratulations!

Your saved Prize Bond numbers have won €100.00 since you last logged in.

The number of €50 prizes in the October draws is 4,642 up from 4,625 in September. The newest bond to win on 02 September was BBK 637783, newest 07 October BBU 604655. Sales of around €62 million. Sales that high and only 17 extra prizes, might indicate that a lot of bonds were cashed in.

John arse · 08-10-2022 4:23pm

2x €50 in sept on €170k-9x €50 in 2022.

willycat · 08-10-2022 10:09pm

https://www.boards.ie/discussion/comment/119685108#Comment_119685108

Can you explain what was that about? ("cock-up in the prize allocation algorithms introduced in Jan 2021")

13-10-2022 2:59am

I know someone who started with 500 euro in early 80s working up to around 1500 now

They have won just under 2k in various amounts Is that usual

The first 1250 was won when they had 500 investment

dxhound2005 · 13-10-2022 1:44pm

I'm taking that to be IR£500. Back in the early 80's interest rates were very high, e.g. Savings Certificates 61% over 5 years. Everything is possible with Prize Bonds, but I think they must have won some big prize to get that return?

https://www.irishstatutebook.ie/eli/1981/si/52/made/en/print

13-10-2022 8:25pm

https://www.boards.ie/discussion/comment/119739026#Comment_119739026

Yes IR£500. That was the biggest there were two of them

pbwinner · 14-10-2022 12:44pm

Winnings on 14th October 2022: €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

PB2018 · 14-10-2022 12:57pm

Wins on 14th October 2022: €0

Last win: 23rd September 2022: €50

Weeks since last win: 3

€134k invested in prize bonds since July 2017

Win ratio: 34 wins in 276 weeks (12%)

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): 6 x €50 = €300

carrickbawn · 14-10-2022 3:44pm

Nothing here again today. A long dry spell. Going to give it 1 more week before I cash in half. Seems to be some buying opportunities in iseq at the moment. Hopefully ntma will increase percentage paid out weekly in the meantime.

tuisginideach · 14-10-2022 4:28pm

I complained about the new bonds. Result - no win since!

dxhound2005 · 14-10-2022 6:28pm

Nothing for me. The €50K went to a 2018 bond ALI 569122.

dulpit · 18-10-2022 12:07pm

Hey all, I have money put aside as savings for a deposit. With work changes/etc, we won't be in a position to buy until at least early 2023. I was thinking of taking €10k from savings (just in a deposit account doing nothing at the moment) and putting it into prize bonds. My view is that it's better sitting somewhere with a chance of earning something rather than earning nothing. From what I can tell, the only caveats I need to be aware of is that your initial deposit must stay for at least 90 days, and it can take ~1 week to withdraw. Is this right?

I can't think of any other options that would allow me a chance to accrue some interest that is nice and secure and easy/quick to get the money back - is this correct assumption?

Edit: Oh, one other question - if you win, do you get the money back in cash or as additional prize bonds? Do you get notified or do you need to track yourself?

Thanks in advance.

Mormegil · 18-10-2022 12:21pm

https://www.boards.ie/discussion/comment/119759892#Comment_119759892

Edit: Oh, one other question - if you win, do you get the money back in cash or as additional prize bonds? Do you get notified or do you need to track yourself?

If you provide details of a Bank Account Prizes will be put there, otherwise new prize bonds will be issued.

You will get a notification of any win through the post but usually not till at least Wednesday of the following week, you can check for any winners on the website from the day of the draw.

Mantis Toboggan · 18-10-2022 12:55pm

It's crazy they don't just email to notify you you've won, it must cost them a fortune on postage.

Jamie2k9 · 18-10-2022 5:24pm

https://www.boards.ie/discussion/comment/119760097#Comment_119760097

They do email (if you set up online account) and send you via post.

dxhound2005 · 19-10-2022 1:51pm

For some reason, even though one of the items listed in Operational Statistics (Page 23) is Printing, Postage and Stationery, there is no figure given for the cost. The postage for the number of prizes paid would be around €285,000.

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

pbwinner · 21-10-2022 12:59pm

Winnings on 21st October 2022: €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

carrickbawn · 21-10-2022 1:12pm

Nothing here again. Definitely time to move on to something more profitable. 😌

tuisginideach · 21-10-2022 1:18pm

Nothing here again - but usual chunk coming out this week for tax payment.

PB2018 · 21-10-2022 2:51pm

Wins on 21st October 2022: €0

Last win: 23rd September 2022: €50

Weeks since last win: 4

€134k invested in prize bonds since July 2017

Win ratio: 34 wins in 277 weeks (12%)

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): 6 x €50 = €300

SwimClub · 21-10-2022 3:09pm

Why on earth do people 'invest' in these yokes.

It's just a scam to pay lower yields to people with a propensity for gambling.

Sligo Quay · 22-10-2022 1:36am

https://www.boards.ie/discussion/comment/119739026#Comment_119739026

I remember them good days, the 10th issue of saving certs, it was the highest ever, 61% over 5 years, I invested IR15,000 in the early 1990s and it was worth IR21,000 after 5 years, when I cashed in the return I invested IR3,000 in Eircom shares which was a total waste, but at least my eggs were not all in 1 basket, we'll never see interest rates like that again and probably a good thing for the economy but bad for saving.

Anyway nothing for me this week.

€25k invested in prize bonds

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