Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie

€25k invested in prize bonds

Options
1…207208210212213…311

Comments

  • Options
    #6272
    Bubbaclaus
    Registered Users Posts: 4,461 ✭✭✭Bubbaclaus


    Bubbaclaus wrote: »
    Thanks. Emailed it in on Wednesday for the same reasons as yourself, hopefully you get sorted soon!

    For anyone interested in knowing how long it takes to get a statement of account for prize bonds, received it in the post today 9 days after requesting it.


  • Options
    #6273
    WhiteMan32
    Registered Users Posts: 665 ✭✭✭WhiteMan32


    Winnings on 28th August 2020 on €109k: €50
    Last win on 17th January 2020: €50


  • Options
    #6274
    Sligo Quay
    Registered Users Posts: 729 ✭✭✭Sligo Quay


    dxhound2005 wrote: »
    Can you remember how many draws there were? I know there were only two draws a year when it started. That might have continued until 1993. Big prizes but not many chances of winning. Bonds were a really expensive purchase back in the day.

    I have W bond from 1980, so there were only about 25 million bonds issued in the first 23 years. Probably far too small a number to support weekly draws.

    In the 1980s ''Prize Bond Day'' was the 1st of the month, then the weekly draw was introduced with star prize IR15,000, rising to €20,000 and now the weekly star prize is €50,000, jackpot prize rising to €1,000,000, was monthly, then 6 times a year, now down to twice yearly, June and December.


  • Options
    #6275
    Sligo Quay
    Registered Users Posts: 729 ✭✭✭Sligo Quay


    ActingDanClark wrote: »
    I know a guy won £100k TWICE back in the 80s. I suspect he still has most of it
    Well all I can say is, he ether had a huge holding or was extremely lucky, or it's just a myth, I'm inclined to believe the latter.
    Nothing for me this week, total wins this year on 60K is €50euro.


  • Options
    #6276
    Cork Lass
    Registered Users Posts: 6,812 ✭✭✭Cork Lass


    Nothing for us this week :(


  • Advertisement
  • Options
    #6277
    dxhound2005
    Registered Users Posts: 20,552 ✭✭✭✭dxhound2005


    Sligo Quay wrote: »
    In the 1980s ''Prize Bond Day'' was the 1st of the month, then the weekly draw was introduced with star prize IR15,000, rising to €20,000 and now the weekly star prize is €50,000, jackpot prize rising to €1,000,000, was monthly, then 6 times a year, now down to twice yearly, June and December.

    I remember nearly 10,000 €75 prizes every week as well as more big prizes. The interest rate now, even with a massive increase in the fund in recent years, cannot support that, just as the small number of bonds in the past could only support 2, then 12 draws a year. It made sense to have more of the prize fund devoted to big prizes, when the draws were so rare.

    If it went back to monthly €1,000,000 prizes, one option would be to take €10m from the 50's. Last year the 50's won about €12.4 m, so that would be a massive hit. Any other enhancement of the big prizes is going to hit the 50's hard.


  • Options
    #6278
    John arse
    Registered Users Posts: 1,667 ✭✭✭John arse


    WhiteMan32 wrote: »
    Winnings on 28th August 2020 on €109k: €50
    Last win on 17th January 2020: €50
    really?only two wins this year on €109k,that's shocking luck you're having


  • Options
    #6279
    jayjay2010
    Registered Users Posts: 505 ✭✭✭jayjay2010


    Guys quick question. Thinking of investing 10k in prize bonds. Am I better to do it in a lump sum and get all the numbers in a sequence or to split it up into 5x 2k ?


  • Options
    #6280
    WacoKid
    Registered Users Posts: 432 ✭✭WacoKid


    You need to go into the Post Office with the forms filled out and make an initial purchase. IIRC its 4 bonds min at a cost of €25. You are then set up to buy bonds online soon after.

    No difference how you break down your purchases...unless you have OCD and need the sequencing!


  • Options
    #6281
    pbwinner
    Registered Users Posts: 808 ✭✭✭pbwinner


    jayjay2010 wrote: »
    Guys quick question. Thinking of investing 10k in prize bonds. Am I better to do it in a lump sum and get all the numbers in a sequence or to split it up into 5x 2k ?
    Makes no odds either way.


  • Advertisement
  • Options
    #6282
    pbwinner
    Registered Users Posts: 808 ✭✭✭pbwinner


    Winnings on 4th September 2020: €0
    Last win 19th June 2020 2020: €50
    Total winnings on €25k from Feb 2011 to date: €3000
    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 2 €100


  • Options
    #6283
    pbtracker
    Registered Users Posts: 68 ✭✭pbtracker


    Winnings on 4th September 2020: €0
    Last win : €50 Aug 28th
    Investment : €72K
    Total winnings to date: €150


  • Options
    #6284
    PB2018
    Registered Users Posts: 272 ✭✭PB2018


    Wins on 4th September 2020: €0
    Last win - 10th July 2020: €50
    Weeks since last win: 8
    €134k invested in prize bonds since July 2017
    Win ratio: 20 wins in 166 weeks (12%)
    2017 (Jul-Dec): 5 x €50 = €250
    2018 (Jan-Dec): 4 x €50 = €200
    2019 (Jan-Dec): 5 x €50 = €250
    2020 (Jan-date): 6 x €50 = €300


  • Options
    #6285
    tuisginideach
    Registered Users Posts: 2,052 ✭✭✭tuisginideach


    And me too - €0


  • Options
    #6286
    dxhound2005
    Registered Users Posts: 20,552 ✭✭✭✭dxhound2005


    Nothing for me. The number of €50 prizes in each of the September draws is 5,548 up from 5,479 in August. In January it was 4,998.

    Three prizes in Antrim, two to the same person who could have been waiting twelve years for a prize.

    Prize Value Winning Prize Bond Location

    €50 JL122183 Antrim
    €50 JL122141 Antrim
    €50 AMO522717 Antrim

    €50K gone to Limerick again, from memory that is four times in the last three months or so.


  • Options
    #6287
    adox
    Registered Users Posts: 19,017 ✭✭✭✭adox


    €0 for me again.


  • Options
    #6288
    sportsfan90
    Registered Users Posts: 603 ✭✭✭sportsfan90


    Hi All - I'll be following this thread with more interest from now on as I'm about to put maybe €60-70k of my savings into PB's.

    Just a quick (probably stupid) question - I'm currently filling out the form and the first section asks if I'm an existing PB holder. The answer is Yes, as I have €50 (8 bonds) in PB's that was given to me as a gift.

    It then asks for my Customer Account Number - where do I find this? I've logged into my account and cant find it anywhere?

    It also asks for my previous PB number - I have 8 sequential numbers from the €50 gift, is it one of these I give? If so, which one?

    Apologies for the probably very basic questions.


  • Options
    #6289
    Cork Lass
    Registered Users Posts: 6,812 ✭✭✭Cork Lass


    €50 for us this week :)


  • Options
    #6290
    John arse
    Registered Users Posts: 1,667 ✭✭✭John arse


    dxhound2005 wrote: »
    Nothing for me. The number of €50 prizes in each of the September draws is 5,548 up from 5,479 in August. In January it was 4,998.

    Three prizes in Antrim, two to the same person who could have been waiting twelve years for a prize.

    Prize Value Winning Prize Bond Location

    €50 JL122183 Antrim
    €50 JL122141 Antrim
    €50 AMO522717 Antrim

    €50K gone to Limerick again, from memory that is four times in the last three months or so.
    that limerick winner is jp mcmanus,he's stuck for a few quid too!


  • Options
    #6291
    dxhound2005
    Registered Users Posts: 20,552 ✭✭✭✭dxhound2005


    sportsfan90 wrote: »
    Hi All - I'll be following this thread with more interest from now on as I'm about to put maybe €60-70k of my savings into PB's.

    Just a quick (probably stupid) question - I'm currently filling out the form and the first section asks if I'm an existing PB holder. The answer is Yes, as I have €50 (8 bonds) in PB's that was given to me as a gift.

    It then asks for my Customer Account Number - where do I find this? I've logged into my account and cant find it anywhere?

    It also asks for my previous PB number - I have 8 sequential numbers from the €50 gift, is it one of these I give? If so, which one?

    Apologies for the probably very basic questions.

    Use any of the 8 bonds numbers. The account number is on the top right of the bonds.


  • Advertisement
  • Options
    #6292
    Taylor365
    Registered Users Posts: 2,994 ✭✭✭Taylor365


    Yay!

    Nout!


  • Options
    #6293
    VonLuck
    Registered Users Posts: 2,176 ✭✭✭VonLuck


    I've a small amount of money set aside as an emergency fund of sorts in a savings account that is earning practically no interest. Was thinking Prize Bonds would be a better option. Would that be a wise move? I'm aware that there's a 90 day holding period at the start, but I can get by initially until that passes.


  • Options
    #6294
    pbtracker
    Registered Users Posts: 68 ✭✭pbtracker


    Winnings on 11th September 2020: €0
    Last win : €50 Aug 28th
    Investment : €72K
    Total winnings to date: €150


  • Options
    #6295
    PB2018
    Registered Users Posts: 272 ✭✭PB2018


    Wins on 11th September 2020: €0
    Last win - 10th July 2020: €50
    Weeks since last win: 9
    €134k invested in prize bonds since July 2017
    Win ratio: 20 wins in 167 weeks (12%)
    2017 (Jul-Dec): 5 x €50 = €250
    2018 (Jan-Dec): 4 x €50 = €200
    2019 (Jan-Dec): 5 x €50 = €250
    2020 (Jan-date): 6 x €50 = €300


  • Options
    #6296
    Agent Smyth
    Registered Users Posts: 714 ✭✭✭Agent Smyth


    €50 for us today but this time from the older smaller batch


  • Options
    #6297
    pbwinner
    Registered Users Posts: 808 ✭✭✭pbwinner


    Winnings on 11th September 2020: €0
    Last win 19th June 2020 2020: €50
    Total winnings on €25k from Feb 2011 to date: €3000
    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 2 €100


  • Options
    #6298
    maebee
    Registered Users Posts: 1,680 ✭✭✭maebee


    We had €50k sitting in a savings account for years, earning an average of €20 in interest a year. We transferred it to prize bonds in January 2019. We've won €50 x 8 times. A whole lot better than having it in a savings account, imo.


  • Options
    #6299
    Taylor365
    Registered Users Posts: 2,994 ✭✭✭Taylor365


    maebee wrote: »
    We had €50k sitting in a savings account for years, earning an average of €20 in interest a year. We transferred it to prize bonds in January 2019. We've won €50 x 8 times. A whole lot better than having it in a savings account, imo.
    and that put into tesla in jan 2019 would be 300k blah blah blah


    Better return than me :mad:


    Only 50 x 4 on 40k.


  • Options
    #6300
    Thargor
    Registered Users Posts: 17,869 ✭✭✭✭Thargor


    Another €50, twice in a month.


  • Advertisement
  • Options
    #6301
    Hibernicis
    Registered Users Posts: 1,437 ✭✭✭Hibernicis


    maebee wrote: »
    We had €50k sitting in a savings account for years, earning an average of €20 in interest a year. We transferred it to prize bonds in January 2019. We've won €50 x 8 times. A whole lot better than having it in a savings account, imo.

    That return is an outlier. The current return on €50,000, on average, would yield €175pa. You have done very well. Congratulations.


Advertisement