Oct 4, 2022 · In total there were 4,972,506 Premium Bond prizes worth £218,790,200 paid out in October’s draw. The majority of prizes – 4,954,344 – are worth £100 or less. The winners are picked by NS&I
Jul 6, 2022 · Premium Bonds are a type of lottery run by NS&I. Britons or UK residents can invest an amount ranging from £25 to £50,000 (€29 to €58,300+) in the bonds, with a number assigned to each pound invested. Winning numbers are drawn each month awarding tax-free prizes. The amount invested is completely safe.
Oct 2, 2023 · The first Bond number drawn by ERNIE - NS&I’s prize picker - for October is 284MT463803 and is held by the winner in Greater Manchester. The winner holds £50,000 in Premium Bonds and purchased
Jan 10, 2022 · Premium Bonds: Two winners clinched £100,000 with Bonds from 2021 It is worth noting that while the bonds and any winnings are tax-free, they are not immune to inheritance tax.
Sep 7, 2019 · I started this thread not to promote Premium Bonds but to point out that the other, standard, savings vehicles from NS&I are now available to USCs. When we first got back in 2016/17 they had some of the best rates out there but US citizens were not allowed to invest. I had another £25 win this month, £750 year to date.
Mar 1, 2023 · This month’s two £1million jackpot winners in NS&I's monthly Premium Bonds prize draw are from Nottinghamshire and from Oxfordshire. There are always two £1million top prizes in the Premium
Feb 22, 2023 · Premium bonds are classed as good savings accounts yet they are a unique form of investment, where instead of receiving interest on their investment, bondholders are entered into a monthly prize draw, where they have the chance to win tax free cash prizes and there is a pretty good chance of winning too.
May 3, 2023 · Premium bond winnings are tax-free, however we have a personal savings allowance which covers most of us. For example, basic-rate tax payers get the first £1,000 of interest tax-free. So – if you have the NS&I Direct Saver for example, you could have about £35,000 stashed here, earning that 2.85% interest a year, before tax becomes an issue.
Oct 19, 2023 · August – 5%. September – 5.2%. So, every single month the top interest rate was higher than the prize rate. The average interest rate works out (roughly) as 4.25%. That’s roughly 0.5% up on the average prize rate in the same six months. And it’d earn an average of £1,062.50 in guaranteed interest.
Aug 8, 2023 · What are Premium Bonds. Premium Bonds are effectively savings accounts held with the government. Rather than getting interest back on your savings, you are entered into a draw with a top prize each month of £1 million. Other prizes vary between £25 and £100,000 and if you do win it’s all tax-free. You can read more about how they work here.
May 17, 2012 · Comments. You were told rubbish, holdings of premium bonds are of no interest whatsoever to tax credits, neither the capital nor the prizes (as they are tax free). Maybe OP means Council Tax as then they do count. the maximum holding of Premium Bonds is £30,000.
Jul 1, 2021 · The first Bond number drawn was 441KH440355 and belongs to a man from County Durham. The man purchased his winning Bond in February 2021 and he holds £20,025 in Premium Bonds. The win makes the man the fifth Premium Bonds millionaire from the Durham area. 439DR814317 was the second Bond number drawn.
Dec 16, 2022 · NS&I says the premium bond prize fund rate is being raised from 2.2% to 3% next month. Photograph: Mark Richardson/Alamy. Meanwhile, there will be 223 £25,000 prizes – up from 71 this month
May 12, 2023 · Premium Bonds are popular – despite the poor odds – for a reason. The big pull is, of course, the chance to win £1m. While the odds are very much not in your favour, two savers win this
Jun 16, 2023 · Instead, the interest rate funds a monthly prize draw for tax-free prizes. Individuals can cash in all or part of their Bonds at any time. Anyone who wins money on Premium Bonds is usually
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