€25k invested in prize bonds

tuisginideach · 26-07-2024 12:46pm

2 x €75 - one of those is just 8 bonds away from an April €75!

jjmcclure · 26-07-2024 12:49pm

100k Invested on 6th June 2024.

7th June - No win

14th June - €75

21st June - 0

28th June - 0

05th July - 0

12th July - 0

19th July - 0

26th July - 0

(disappointing win rate so far)

pbwinner · 26-07-2024 12:50pm

Winnings on 26th July 2024: €0

Last win 12th July 2024: €75

Total winnings on €25k from Feb 2011 to date: €3375

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: €50 x 1 = €50

2024: €75 x 1 = €75

antimatterx · 26-07-2024 12:55pm

I don't understand why people choose prize bonds. You'd be so much better off with nearly any other investment vehicle. If that money was sitting in a high interest account (4%), you would have made 1K over the last 12 months.

Since this thread started, 25K in Bitcoin would be worth €50M. Even something "boring" like the S&P 500, it would be worth 106K.

Hibernicis · 26-07-2024 1:34pm

@antimatterx

“I don't understand why people choose prize bonds.”

Generally speaking it’s because ”people” understand their financial needs far better than you do.

€75 for me today

carrickbawn · 26-07-2024 1:36pm

75 here today too.

The Continental Op · 26-07-2024 1:46pm

Copy and paste …..

Nothing on 5K

dxhound2005 · 26-07-2024 2:01pm

Nothing for me today.

July count, the same 10 million bonds BGK to BGT in each of the 4 draws. Not counting €1K won by BGP on 5th and 19th, and €500 by BGL on 12th and BGR 26th.

Friday 05. 123 prizes. Highest BGR 18. Lowest BGN 7.

Friday 12. 127. BGN 18. BGL 9

Friday 19 127. BGK 18. BGT 7.

Friday 26. 138. BGT 18. BGM 10.

Highest overall BGS 61 (15,14,15,17). Lowest BGP 45 (9,11,13,12).

40 million bonds won 515 prizes, average per million 12.875. x 52 x €75 = €50,212.50. Divided by 62.5 to get what €100K would win in a year with the same luck = €803.40. Nearest to 11 x €75.

dxhound2005 · 31-07-2024 12:26pm

The State Savings website will be offline from 13:00 on Wednesday 31st July, for scheduled maintenance. We anticipate service will be restored by 21:00. If you need assistance or have any queries you can contact us at 0818 20 50 60 / 01 705 7200 (lines open Mon-Fri, 08.00 - 20.00). Thank you for your patience and we apologise for any inconvenience.

Probably to do with the update to Terms & Conditions.

Hibernicis · 01-08-2024 12:08am

“We anticipate service will be restored by 21:00.”

Obviously not going well for them……………..

00:00 Thursday 1st August 2024

The State Savings website is offline for scheduled maintenance and is expected to be back online by 01:00. Purchases over the telephone will not be possible during this time.

If you need assistance or have any queries during this time you can contact us at 0818 20 50 60 / 01 705 7200 (lines open Mon-Fri, 08.00 - 20.00).

Thank you for your patience and we apologise for any inconvenience.

Hibernicis · 01-08-2024 1:09am

00:00 Thursday 1'st August 2024

The State Savings website is offline for scheduled maintenance and is expected to be back online by 02:00. Purchases over the telephone will not be possible during this time.

If you need assistance or have any queries during this time you can contact us at 0818 20 50 60 / 01 705 7200 (lines open Mon-Fri, 08.00 - 20.00).

Thank you for your patience and we apologise for any inconvenience.

Further update. Looks like they did a right job on it……..

Hibernicis · 01-08-2024 1:57am

00:00 Thursday 1'st August 2024

The State Savings website is offline for scheduled maintenance and is expected to be back online by 03:00. Purchases over the telephone will not be possible during this time.

If you need assistance or have any queries during this time you can contact us at 0818 20 50 60 / 01 705 7200 (lines open Mon-Fri, 08.00 - 20.00).

Thank you for your patience and we apologise for any inconvenience.

And on it goes…………

Hibernicis · 01-08-2024 8:53am

Thursday 1st August 2024

The State Savings website is offline for scheduled maintenance. Purchases over the telephone will not be possible during this time.

If you need assistance or have any queries during this time you can contact us at 0818 20 50 60 / 01 705 7200 (lines open Mon-Fri, 08.00 - 20.00).

Thank you for your patience and we apologise for any inconvenience.

Ooops………

Seve OB · 01-08-2024 11:11am

A full 2 months on since I started the process, it has finally come full circle when I received my SSCN card in the post this morning.

🙄

Hibernicis · 01-08-2024 5:01pm

https://www.statesavings.ie/

Online again. just 20 hours late.

jjmcclure · 02-08-2024 12:45pm

100k Invested on 6th June 2024.

7th June - No win

14th June - €75

21st June - 0

28th June - 0

05th July - 0

12th July - 0

19th July - 0

26th July - 0

2nd August - 0

(disappointing win rate so far)

dxhound2005 · 02-08-2024 12:47pm

https://www.boards.ie/discussion/comment/122371412#Comment_122371412

Another one from my APY bunch got €75 today.

Draw Date Winning Bond Number(s) Win Value

02/08/2024 APY136641€75.00

(Still no email at 12:47).

dxhound2005 · 02-08-2024 12:56pm

The number of €75 prizes in the August draws is 9,042 down from 9,096 in July.

The newest bond to win on 05 July was BGU188557. Newest 02 August BGY408162, sales of around €26.37 million.

tuisginideach · 02-08-2024 1:20pm

1.15 pm notification of €75 - 60 away from a July winner

Hibernicis · 02-08-2024 2:08pm

Received: from SSAPP-P-GPO1-V (10.5.0.254) by EXPGPO02-V.anpost.net
(10.8.21.8) with Microsoft SMTP Server id 15.2.1544.11 via Frontend
Transport; Fri, 2 Aug 2024 12:47:22 +0100

Looking at the headers today's e-mails was sent at 12:47:22

The number of €75 prizes in the August draws is 9,042 down from 9,096 in July.

@dxhound2005 Surprised that the number of prizes/bonds isn't dropping more to be honest. What is the drop since the start of the year ?

€150 (2 x €75) for me today.

The Continental Op · 02-08-2024 2:12pm

Copy and Paste …

Nothing on 5k

Edit> Just in UK Premium bonds (only draw monthly) £350 on 50K

Hibernicis · 02-08-2024 2:30pm

BTW the online PB purchase function is broken since the maintenance/upgrade. No ETA for it becoming available again.

marno21 · 02-08-2024 2:48pm

https://www.boards.ie/discussion/comment/122456974#Comment_122456974

It worked for me around 12 hours ago. Post upgrade I was given around 12 options for source of funds rather than the inheritance/savings options when purchasing pre-upgrade

John arse · 02-08-2024 3:09pm

Nothing in July on €70k,2 wins so far this year,not great.

Hibernicis · 02-08-2024 3:28pm

https://www.boards.ie/discussion/comment/122457039#Comment_122457039

Interesting. I tried at 10pm last night and again at lunchtime today and both attempts failed with a meaningless error. I was on to State Savings and they asked me to check my debit card (it hadn't got near that stage of processing). Later came back and said they would contact me when the function was fixed and working.

John arse · 02-08-2024 4:15pm

https://www.boards.ie/discussion/comment/122456908#Comment_122456908

Not trying to be smartarse here but you do know (and no doubt you do) that that 5k with current rate is in one win every two years territory on average.Anyway good luck going forward,👍

dxhound2005 · 02-08-2024 4:20pm

The number of €75 prizes started at 9,468 in October 2023. November 9,382. December 9,332.

January 2024 9,323. February 9,276. March 9,241.

April 9,215. May 9,172. June 9,124.

July 9,096. August 9,042.

Looking back at my posts, my estimate of sales using the newest number to win each month was €101.36 million for October, November and December combined. The actual sales from the 2023 Annual Report was €100.368, so it is an accurate method.

The value of the fund at 31 December 2023 was €4.6519 billion. That would be €4.5117 billion now, based on the percentage drop in the number of €75 prizes this year. But on 31 December 2013 the fund was only €1.932 billion. By contrast Savings Certificates were €6.002 billion but 10 years on they were down to €5.661 billion. Prize Bonds took off big time after the Crash, and it is only very recently that their upward trajectory has suffered a small blip.