€25k invested in prize bonds

dxhound2005 wrote: »

This thread is full of stuff that would make your head explode.

yes but in a good way!,any word on the variation in actual prizes with the rate drop?

ah i thought the rate changed from today's draw onwards

Regarding the new interest rate, bad news with a bit of good news thrown in.
The bad news, no more Prize Bond millionaires.
The good news, instead of twice yearly jackpot draws, now 4 times yearly, March, June, September and December for a chance to win €250,000, well not that any of us in this thread will ever be a Prize Bond millionaire, I suppose I just have to settle for the odd €50euro every few months, I was going to say weeks, but not anymore, there are long drought periods between wins.

No glitch for me - the wait goes on....

Winnings on 5th February 2021: €0
Last win : €50 6th Nov 2020
Investment : €77K (from Aug 2020)
Winnings Total : €200
Pre 2020 : €50
2020 : €150
2021 : €0

Well done Tuis, Defying all the odds.
Nothing for me today. My expectations were never high,but near non existent now with the cuts in prizes.

carrickbawn wrote: »

Well done Tuis, Defying all the odds.
Nothing for me today. My expectations were never high,but near non existent now with the cuts in prizes.

you might'nt want to say but what's you're investment?

Thanks everyone who wished me well after last weeks win, It's nice to see

@ PBwinner, you might not believe it but when I saw the congratulations message I did think of you and for one second I thought that it really should be you as the Op to this thread
I must stress though that it was only for a second or two

@DXhound2005, I don't reinvest so the money hit the bank account on Monday and the letter of confirmation arrived on Thursday

Anyhow today I had a small win just a €50

I'll do a "guesstimate of winnings" later on today now that we have the prizes figure

tuisginideach wrote: »

Those three are amazing! Within c2500 bonds of each other!

Not unusual. But far more common is where there are gaps of hundreds of thousands between winning numbers. Even those under three months where the full million bonds under a prefix are guaranteed to be in the draw.

pbwinner wrote: »

Winnings on 5th February 2021: €0
Last win 18th December 2020: €100
Total winnings on €25k from Feb 2011 to date: €3150
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: €0

You seem to be really bettering the odds with your 2019 & 2020 outcomes, which is nice to see!

I invested 30K in Jan 2020 and finished the year with 2 x €50 (May & August), actually our holding was upped by another 10k in Dec 2020 (now 40k total)..... Nothing since 28th Aug 2020 though

Okay, It's been nearly two years (03/03/19) since I've last done one of these
The PB fund as of 31st of January is now at €4,453,942,857
That's up by nearly 1 billion since March 2019 (€3,465,680,000)
There are now approximately 714,965,065 bonds in the draw chasing 4409 prizes

So here's my guesstimation of wins per holdings per year

€250,000 = 13 wins per year
€100,000 = 5 WPY
€50,000 = 2 and with a bit of extra luck 3 WPY
€25,000 = 1 maybe 2 WPY
€10,000 = 1 win every 2 years
€5000 = 1 win every 4 years
€1000 = 1 win every 19 years
€100 = 1 win every 194 years
€25 = 1 win every 781 years
€6.25 = 1 win every 3108 Years

As always these calculations were done on the back of a packet of cigarettes so there might be a mistake or two and are only a guess as to what you might win, you could win more but more than likely it will be less

tuisginideach wrote: »

Your 'back of a cigarette pocket' calculation is very close to the predictions posted by the 'insides of mathematical minds' calculations of dxhound and hibernicis in recent weeks! Well done!

Yeah I'm using a 100's box which gives me more room for calculations compare to the normal king size

Agent Smyth wrote: »

Okay, It's been nearly two years (03/03/19) since I've last done one of these
The PB fund as of 31st of January is now at €4,453,942,857
That's up by nearly 2 billion since March 2019 (€3,465,680,000)
There are now approximately 714,965,065 bonds in the draw chasing 4409 prizes


As always these calculations were done on the back of a packet of cigarettes so there might be a mistake or two and are only a guess as to what you might win, you could win more but more than likely it will be less

I would put the fund at around €4.1 billion at the end of 2020. The fund increased by €484 million in the 24 months of 2018/2019. The fund value per the 2019 Annual Report was €3.6549 billion at 31 Dec 2019. It is unlikely to have increased by €800 million in the 13 months since, although there were record sales in 2020. Are you factoring in the bonds encashed, as well as the sales?

The 2020 Annual Report will be out in April, unless it is delayed. We will see the real numbers then.

https://www.statesavings.ie/help-support/help-articles/prize-bonds-company-corporate-information

Agent Smyth wrote: »

Dam you Dxhound2005, Now I'm going to have to open another box of cigs :pac:
I'll do a fund value for 2020 and 2019 when I get a chance


Anybody know what the number of prizes was in January 2020,19 and 18 ???
I don't seem to have them and a quick search on the pb site only goes back 6 months

I posted the number of €50 prizes at the start of each month in 2020. I actually went back and found the posts for a post I made a couple of weeks back, but I did not keep the numbers.

I am using the front of a cigar box for my computations, a much superior product:)