Sligo Quay wrote: » What holding have you got, if you don't mind me asking, I've 60k, a 10k batch, 20k batch and 30k batch and 100 bonds from the 1980s, a total of 9,700 prize bonds, no joy on big wins
dxhound2005 wrote: » I don't find that in any way surprising. I don't know anyone who won 50K or more either. I have no reason to think that any of them would contact me to let me know. I did win €1,000 twice, in 2010 and 2015 which I posted about before.
dosebier wrote: » Nothing from me either - got a new set of bonds which have kicked in this week too. (AJO series now for Jan 2018) As for the big winners - I'd wish Prize bonds could share some info on them without revealing identity or even have them release a statement or something. Even lottery winners who dont go public - we usually get a brief bit of info about what they will do with the money, how much it means to them what a difference it might make etc what harm could it be to drum up some background to the winner to share with everyone that gives us all hope.
Logo wrote: » A top weekly prize of €50,000 is awarded each week... After 40+ years on planet earth I've yet to hear or meet anyone who's won any significant amount (besides myself who won 50 euro five years ago). The top prize of €1,000,000 is awarded in the last draw of June and December:) I would love to hear from anyone who knows of millionaires from prize bonds (and € invested)...
Negative_G wrote: » Nothing since September 29th on €70k.
Sligo Quay wrote: » That calculator doesn't take into account the very high interest rates from the 1970s and 80s. I had an old post office book from 1979 with a fiver still in it, in 2003 after 23 years the dormant account section in An Post wrote to me informing me it was worth €165.40 in compound interest. Now if that was a prize bond, it would be still only worth a fiver or €6.35.
adamob544 wrote: » Today I just invested all my savings into prize bonds, just out of curiosity, would people usually do this? Like apart from a bank account, would people throw all their savings into this? I just did it because it’s probably better than getting about a euro a year with the small savings I have lol
amacca wrote: » Do you get notified if you win something on Prizebonds.....or is it up to you to check?
dxhound2005 wrote: » I can't see how your fiver could be worth 165. Was there other money in the account previously which you never got interest on? PO Saving Bank never paid big interest, unlike say Savings Certs.
adamob544 wrote: Today I just invested all my savings into prize bonds, just out of curiosity, would people usually do this? Like apart from a bank account, would people throw all their savings into this? I just did it because it’s probably better than getting about a euro a year with the small savings I have lol
dxhound2005 wrote: » I have a vague notion that interest rates were low for a long number of years until the high inflation of the 70's and 80's, and they have been low for a number of years recently. So I just picked random numbers over 60 years of 2% and 4%. I have no doubt that a fiver invested in 1957 when it was a weeks' wages could be worth a weeks' wages today. But then your fiver would not have been entered into thousands of draws, with up to 10,000 prizes at times. I ran the calculator for a fiver over 25 years at 12% which produced a figure of 80. I can't see how your fiver could be worth 165. Was there other money in the account previously which you never got interest on? PO Saving Bank never paid big interest, unlike say Savings Certs.
dxhound2005 wrote: » Good day for the Old Timers today. Five winners out of the first million bonds issued, in the 1950's. I hope they are still around to enjoy their windfall. Prize Value Winning Bond County 50 169232 DUBLIN 50 203279 KERRY 50 203306 CORK 50 507029 DUBLIN 50 804305 WATERFORD There were none out of the next three million. I checked and there are a lot of unclaimed prizes / uncashed prize cheques belonging to bonds from back then. After 60 years it must be time for Prize Bonds to do something about those ancient bonds. This calculator works out how much an investment is worth long term. At 60 years £5 (€6.35) is worth €20.83 at 2% compound. At 4% it is €66.80. So not a bad return for their investment.http://www.buyupside.com/calculators/buyupsidecompundinterestdec07.htm
dxhound2005 wrote: » Probably a common experience but don't despair. According to the odds worked out by Agent Smyth you will get 5 wins in ever 52 draws given average luck. 16 draws since you won.
dxhound2005 wrote: » Correct. But just check them on the website first. There are 994 unclaimed prizes from the first one million bonds. I noticed one bond that won twice and there are probably others. Also another 476 winners never cashed their cheque.
Royal Legend wrote: » So what are my £5 bonds from 1957 worth now if I cash them in €6.35?
