€25k invested in prize bonds

Mantis Toboggan

Has anyone here considered moving over to trade republic?

PB2018

Wins on 3rd February 2023: €0

Last win: 6th January 2023: €50

Weeks since last win: 4

€134k invested in prize bonds since July 2017

Win ratio: 37 wins in 292 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-Dec): 10 x €50 = €500

2021 (Jan-Dec): 2 x €50 = €100

2022 (Jan-date): 7 x €50 = €350

2023 (Jan-date): 1 x €50 = €50

tuisginideach

Nothing for weeks ...😪

Trigger Happy

Nothing for me again.

Last win on 101,000 worth of bonds was 16th Dec 22.

carrickbawn

Nothing here again either. Just went online to encash a good chunk of them.

pbwinner

Winnings on 3rd February 2023: €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

2023: €0

beachhead

Invested in PBs years ago.Average win less than one per year.Some people are lucky.But it seems the newer the purchase the quicker you win.Personal purchasers have not a hope against club,corporate ,etc buyers

yabadabado

https://www.boards.ie/discussion/comment/120179905#Comment_120179905

I'm considering moving 50k from PB to it.

2% on that is a lot more than I've ever gotten with PB .

yabadabado

€50 win today,first of the year.

robwen

https://www.boards.ie/discussion/comment/120197535#Comment_120197535

I was looking them up & came on some dodgy reviews on trustpilot

https://ie.trustpilot.com/review/www.traderepublic.com

yabadabado

https://www.boards.ie/discussion/comment/120197831#Comment_120197831

I saw that previously but I opened an account with them last week and it was quick and straightforward.

I haven't lodged anything yet but it's either them or raisin I think I'll be going with .

pappyodaniel

I put about 1k into prize bonds about ten years ago and kinda forgot about them until I moved house recently and found my statement with my bond numbers. I've no idea if they've accumulated anything since. So I tried logging into my account with my regular email address but it's not recognising it. Any advice on what to do or should I just phonecall them directly during weekday hours?

POBox19

https://www.boards.ie/discussion/comment/120199765#Comment_120199765

State Savings changed their system a few years ago and the old logon the check your bonds is closed. You now register with your PPS, or SSCN if you have one. A bit like opening a bank a/c and you should be able to upload your bond numbers when you're in and link your bank a/c for prizes to be paid. There is a facility on the site to check if you have any unclaimed prizes without having to register.

dxhound2005

Nothing for me.

The number of €50 prizes in the February draws is 4,735 up from 4,712 in January. The newest bond to win on 06 January was BCQ 456969, newest 03 February BCX 947818. Sales of around €46.8 million.

Dublin got 2,005 prizes, the first time over 2,000. 1,996 of those were €50 prizes, 42.15% of the total.

transylman

Geniune question. Why keep your money in prize bonds long term given the awful rate of return?

Mantis Toboggan

https://www.boards.ie/discussion/comment/120208295#Comment_120208295

I'd imagine most don't keep it long term, it's a great place short term, no risk, easy access and a chance of a win every week.

POBox19

https://www.boards.ie/discussion/comment/120208295#Comment_120208295

You get nothing from the banks, but there is a chance of a tax free win with PBs.

lordleitrim

Got two €50 wins in a row in January 6th and 13th. First time getting wins back to back.

Does anyone else get excited when they see the notification on their phone on Friday lunchtimes that they have a prize bond win? 🤑 For the few seconds it takes to log in after getting the alert, I always have this fantasy that it is the jackpot or even a €1000 win but alas its always the 50 euro....better than nothing I suppose!😊

sportsfan90

It's been a while since I've cashed in any bonds. Has anyone here done so recently and how long did it take before the money is in your bank account?

bmc58

https://www.boards.ie/discussion/comment/120213248#Comment_120213248

Do you get a cheque or do you just get some more prize bonds?Heard they don't pay out the €50 prize in cash anymore.

carrickbawn

https://www.boards.ie/discussion/comment/120216685#Comment_120216685

I cashed some in on state savings account online last Friday afternoon and the money was in my account this morning.

Would probably have been Tuesday if Monday wasn't a bank holiday.

sportsfan90

https://www.boards.ie/discussion/comment/120216827#Comment_120216827

Great thank you.

Dazler97

I have 2 prize bonds from 1995 (before I was born) Much would they be worth if theirs £10 on each

Dazler97

How are people winning 100k

dxhound2005

https://www.boards.ie/discussion/comment/120216876#Comment_120216876

The IR£ Euro exchange rate never changes. The value of each IR£5 bond was rounded to €6.35. The ones issued in Euro are €6.25. Yours have a slightly better chance of winning because of that.

lordleitrim

https://www.boards.ie/discussion/comment/120216729#Comment_120216729

I just do nothing and let it auto reinvest back into additional prize bonds.

Dazler97

https://www.boards.ie/discussion/comment/120216935#Comment_120216935

Where do I cash them in 🤔

dxhound2005

Go to the Prize Bonds website for all the information. But if they were issued before you were born, is it your name on them?

pbwinner

https://www.boards.ie/discussion/comment/120197166#Comment_120197166

It's a long-dismissed myth that newer bonds are luckier than older bonds, each bond has an equal chance of winning. Except pre-euro bonds which would have a slightly better chance of winning because of rounding. So it also doesn't matter if you are a personal purchaser or part of a club.

pbwinner

Winnings on 10th February 2023: €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

2023: €0