€25k invested in prize bonds

florawest

Sligo Quay wrote: »

Spare a thought for the rest of us, nothing for me today, only one €50 so far in 2020.

Ah, no wins at all yet for 2020 😕

PB2018

Another glitch

Wins on 22nd May 2020: €50
Previous last win - 10th April 2020: €50
Weeks since last win: 6
€134k invested in prize bonds since July 2017
Win ratio: 19 wins in 151 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-date): 5 x €50 = €250

Andrew Flexing

No Glitch. No joy.

Jan:XXXXX
Feb: €XXX
Mar: XXX€
Apr: €XX€
May: €€XX

pbwinner

Winnings on 22nd May 2020: €0
Last win 9th April 2020: €50
Total winnings on €25k from Feb 2011 to date: €2950
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

Cork Lass

Nothing for us this week

Thargor

€50, happy days.

tuisginideach

tuisginideach wrote: »

Zilch today

and zilch again...:(

diceyreilly

€32,475 in bonds. No prize since October.

Not too bothered. No interest in banks and just keeping it there till I’m ready to purchase a house.

dxhound2005

Nothing for me on Friday 22 May.

I took a look back at how the notional interest rate has changed.

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%.

Far fewer prizes but more money paid out in 2008 compared to 2018 and 2019. 2017 was slightly more at €21,278,600

Value Number of prizes Value of prizes

€1 million Jackpot Prize 4 4,000,000
€500,000 Jackpot Prize 8 4,000,000
€20,000 Star Prize 40 800,000
€1,000 260 260,000
€250 520 130,000
€75 147,597 11,069,775

Total 148,429 €20,259,775

yabadabado

dxhound2005 wrote: »

Maybe you have done some research in the last few days, with a view to getting a better return? It is a bit of a recurring theme on the thread, but it turns out there is very little choice if you want to fully protect your capital. 0.21% per annum, subject to 33% DIRT is the best you can get with easy access. Even tying up your money for longer periods is not much better.

http://www.moneyguideireland.com/best-savings-rates/instant-access

Of course there are lots of other ways of making money out of money. But the occasional visitors to the thread who derided us for not being in the stock market, have not made any appearances lately with their surefire tips.

I meant to come back to you weeks ago but you are probably correct. To have easy access to the funds and protection on the capital there doesn't seem to be many alternatives.

tuisginideach

tuisginideach wrote: »

and zilch again...:(

and again :(

Andrew Flexing

No Joy.

pbwinner

Winnings on 29th May 2020: €0
Last win 9th April 2020: €50
Total winnings on €25k from Feb 2011 to date: €2950
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

PB2018

Wins on 29th May 2020: €0
Last win - 22nd May 2020: €50
Weeks since last win: 1
€134k invested in prize bonds since July 2017
Win ratio: 19 wins in 152 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-date): 5 x €50 = €250

Zimmerframe

PB2018 wrote: »

€134k invested in prize bonds
2020 (Jan-date): 5 x €50 = €250

You lucky ........


On a similar figure (6 family members at 20k each) - i.e 120k

Total winnings in 2020 = NIL

dxhound2005

Nothing for me today. On 08 May the Irish Times were trying to find out how much was the spike in sales.

https://www.irishtimes.com/business/economy/prize-bond-sales-fall-as-fund-reaches-record-high-of-3-6bn-1.4248595

The company said it has seen an increase in sales “in recent weeks, which has since steadied to normal levels of purchasing”. The company declined to set out the extent of the increase in sales.

They could have worked it out from the newest winning numbers. Taking the numbers from the draws of 28 Feb and 29 May, the combined sales for the three months was €192 million (30,720,000 new bonds). This compares with March/April/May sales 2017 €146.33 million, 2018 €153.96 million, and 2019 €127.17 million.

Mormegil

€50 Today.

Last win 17th Jan 2020.

First year since 2015 to have multiple wins.

cute sheep

Hi. I'm new to this. Got around €5K in PB. My question relates to whether it is necessary to check the results each week or whether it is safe to trust them to advise of winnings? Looking at how the prizes are announced they don't make it easy for you. For instance it surprises me that you can only check a single number at a time. If you have a PB for €500 that's 80 numbers. Wouldn't it make sense to offer the option of checking a range of numbers or enter the PB Voucher number? The website talks about unclaimed prizes bit how can there be unclaimed prizes if we have to give personal info every time we buy a bond?

Mormegil

cute sheep wrote: »

Hi. I'm new to this. Got around €5K in PB. My question relates to whether it is necessary to check the results each week or whether it is safe to trust them to advise of winnings? Looking at how the prizes are announced they don't make it easy for you. For instance it surprises me that you can only check a single number at a time. If you have a PB for €500 that's 80 numbers. Wouldn't it make sense to offer the option of checking a range of numbers or enter the PB Voucher number? The website talks about unclaimed prizes bit how can there be unclaimed prizes if we have to give personal info every time we buy a bond?

You can check a range of numbers, it tells you to enter the first and last number of a range.


Sign up at the Prize Bonds website however and you can have it check multiple ranges of PB's automatically using the Prize Bond Tracker.



As to unclaimed prizes, people may have brought PB's years ago and then moved address without notifying anyone. Any correspondence (inc winning cheques (back when they sent cheques out)) would then still go to the old address and thus be unclaimed.

dxhound2005

Unclaimed Prizes (Annual Report 2019).
At the end of 2019, the number of unclaimed prizes, built up since the launch of the product in 1957,
amounted to €2.86 million. Unclaimed prizes are defined as not claimed after six months. It should be noted
that we communicate with every prize winner at the address we have for the customer. Unclaimed prizes
primarily arise due to customers not notifying us of their change of address. We encourage customers to
notify us of any changes as early as possible after the change.
The amount outstanding in these prizes is a very small part of the value of prizes awarded over the years
since the incorporation of the Prize Bond Scheme. All prizes are listed on the State Savings website, www.
StateSavings.ie. It is important to remember that prizes are held indefinitely until claimed by a bond holder.

People with a lot of money can get careless about it. The €2.86 million being held by Prize Bonds is dwarfed by the vast amounts in dormant accounts, those with no activity for 15 years. The State is taking €43 million of that money this year to spend on services. Loads of lottery prizes go uncashed. There are hundreds of millions of Punts still not converted to Euro. And some people put their valuables in bank vaults and abandoned them there.

https://www.irishtimes.com/news/ireland/irish-news/thousands-of-boxes-of-valuables-lie-unclaimed-in-bank-vaults-1.3815357

The €2.86 million is not part of the Dormant Accounts scheme, nor the bonds which won the prizes. Many other bonds would never have won a prize, and the only activity relating to them could be a IR£5 purchase decades ago. Nobody is going to look for the owners if they never win.

thefasteriwalk

2 x 50 for me today having not won anything this year. It's from 33k in small batches for house deposit. Delighted.

tuisginideach

Zilch again. :(:(

noodler

Zilch.

Zero in 2020.

Cork Lass

Nothing for us this week

Taylor365

thefasteriwalk wrote: »

2 x 50 for me today having not won anything this year. It's from 33k in small batches for house deposit. Delighted.

HA! :pac:


Hope for us all!

dxhound2005

Nothing for me today. It seems likely that the €50K winner also got another €50. 87 extra €50 prizes in the June draws.

Prize Value Winning Prize Bond Location

€50 AOW054933 Kilkenny

€50,000 APD911504 Kilkenny
€50 APD913476 Kilkenny

€50 APS140565 Kilkenny

Hibernicis

Winnings on 5th June €50
Last win: 8th May €100 (2x€50)
Weeks since last win: 4

2017 (Jul-Dec) - €100k – 7x€50 = €350
2018 (Jan-Dec) - €200k – 12x€50 = €600
2019 (Jan-Dec) - €250k – 20x€50 = €1,000
2020 (Jan-June) - €252k - 12x€50 = €600

Royal Legend

PB2018 wrote: »

Another glitch

Wins on 22nd May 2020: €50
Previous last win - 10th April 2020: €50
Weeks since last win: 6
€134k invested in prize bonds since July 2017
Win ratio: 19 wins in 151 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-date): 5 x €50 = €250

I am think of investing, as i am selling something, how do you explain or prove a large investment like €100k plus when buying the bonds?
looks to be a better investment than putting on a bank

Hibernicis

Royal Legend wrote: »

I am think of investing, as i am selling something, how do you explain or prove a large investment like €100k plus when buying the bonds?

I think your question is in relation to the AML requirements. If so there is a tick box on the PB application form headed “Source of Funds” with options for “Personal Savings”, Prize Bonds”, “Inherited Funds” And “Other - Please Specify”. I have purchased substantial amounts in the past and never had any difficulty on this count. Hope this answers your question.

abff

I bought my Prize Bonds a few years back from my share of the proceeds of the sale of an apartment belonging to our family. I specified this in the relevant box and was not asked to elaborate.