€25k invested in prize bonds

RedRochey · 16-02-2021 8:54pm

HillCloudHop wrote: »

The returns on this are awful. What's the appeal? Security?

Better than holding cash in the bank, if you're saving for a deposit and don't want to risk it in stocks then why not, tax free winnings as well

abff · 16-02-2021 9:38pm

Agent Smyth wrote: »

One thing to note when using serial numbers to calculate the fund size your not taking into account any encashments so your figures would be gross while mine are net

If you look at my post, you will see that I clearly stated up front that my figures showed new bonds issued and did not allow for encashments.

Hibernicis · 16-02-2021 10:40pm

HillCloudHop wrote: »

The returns on this are awful. What's the appeal? Security?

Guaranteed 100% capital repayment. Plus an average return better than anything the banks or other deposit products are offering. As has been pointed out many times, these are bonds and the return is in line with what is to be expected from that asset class. Other asset classes (equities, property, dodgy oil exploration stocks, gold, bitcoin, tulips etc.) have different risk/return profiles.

HillCloudHop · 16-02-2021 11:30pm

Hibernicis wrote: »

Guaranteed 100% capital repayment. Plus an average return better than anything the banks or other deposit products are offering. As has been pointed out many times, these are bonds and the return is in line with what is to be expected from that asset class. Other asset classes (equities, property, dodgy oil exploration stocks, gold, bitcoin, tulips etc.) have different risk/return profiles.

Is there a limit to how often you can buy prize bonds?

Hibernicis · 17-02-2021 12:38am

HillCloudHop wrote: »

Is there a limit to how often you can buy prize bonds?

No.

abff · 17-02-2021 1:21am

HillCloudHop wrote: »

Is there a limit to how often you can buy prize bonds?

You can buy them as often as you like, but the maximum permitted amount you can hold is €250k as an individual or €500k as a couple. If you automatically reinvest your winnings, they can be retained in addition to the above limits, but would have to be taken into account against any subsequent purchases.

Agent Smyth · 17-02-2021 9:32am

abff wrote: »

If you look at my post, you will see that I clearly stated up front that my figures showed new bonds issued and did not allow for encashments.

Which is why I mentioned it in my post but it doesn't help understand you post
Can you please explain what you mean by your figures for example

Date|New Bonds|Per Day
03/01/2020|1,066,461,148|6,094,064
03/04/2020|806,212,471|8,859,478

Is the date 03/04/2020 the day of the draw or the issue date of the bond you won??
How did you calculate the the new bonds figure on the 03/04/2020
Is the "per day" figure, calendar days between the two dates ??

hblock21 · 17-02-2021 10:52am

So the only way to buy PB's is with your debit card correct and of course you are limited to your daily limit on the card.
Is this how people on here with large sums bought them - over weeks/months.
Seems strange that there is not a bank transfer function.

Hibernicis · 17-02-2021 1:01pm

hblock21 wrote: »

So the only way to buy PB's is with your debit card correct and of course you are limited to your daily limit on the card.

No. You can also purchase using a cheque or cash

hblock21 wrote: »

Is this how people on here with large sums bought them - over weeks/months.

Different banks have different daily limits. I have purchased up to €50,000 in a single transaction using an Ulster Bank Visa Debit card and €20,000 using a BOI Debit card.

Andrew Flexing · 19-02-2021 1:36pm

No joy, as #dry2021 continues.
The number of weekly winners in Kildare falls yet again to 166, down from the average of 210-ish last year.

Jan XXXXX
Feb XXX

adox · 19-02-2021 1:39pm

Another blank for me again too.

Hibernicis · 19-02-2021 1:50pm

Eleventh consecutive dry week. Not loving this world of .25% returns I have to say.

pbwinner · 19-02-2021 1:55pm

Winnings on 19th 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

pbwinner · 19-02-2021 1:56pm

I wonder what the withdrawal of Ulster Bank will do for Prize Bonds? I suspect the amount bought will start shooting through the roof.

PB2018 · 19-02-2021 1:57pm

Wins on 19th February 2021: €0
Last win: 18th December 2020: €50
Weeks since last win: 9
€134k invested in prize bonds since July 2017
Win ratio: 24 wins in 190 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-date): 0 x €50 = €0

dxhound2005 · 19-02-2021 1:58pm

Congratulations!
Your saved Prize Bond numbers have won €100.00 since you last logged in.

Second time this year I got this message. And I go back to my last winner of 2020 to show how close the winning number are bunched together. It further disproves the conspiracy theory. All winning bonds bought in 2010.

19 Feb 2021
Prize Bond Number Value of Prize
MC928578 €50.00
MN575446 €50.00

04 Jan 2021
Prize Bond Number Value of Prize
MN574043 €50.00
MN573371 €50.00

16 Oct 2020
Prize Bond Number Value of Prize
MC928809 €50.00

dxhound2005 · 19-02-2021 2:03pm

pbwinner wrote: »

I wonder what the withdrawal of Ulster Bank will do for Prize Bonds? I suspect the amount bought will start shooting through the roof.

The holders of that €20 billion never got criticised for their foolishness on the forums. At least not that I saw. Nor the other €80 billion earning peanuts with other banks, or the €16 billion which got zero from the Credit Unions last year.

It is only the poor Prize Bonds holders with their measly €4 billion that have been a target for the criticism.

pbtracker · 19-02-2021 2:17pm

Another zero for me...over 3 months now :-(

Winnings on 19th February 2021: €0
Last win : €50 6th Nov 2020
Investment : €77K (from Aug 2020)
Winnings Total : €200
Pre 2020 : €50
2020 : €150
2021 : €0

scheister · 19-02-2021 2:32pm

Little over a year since I got my first batch worth €12,500 still awaiting win number 1

carrickbawn · 19-02-2021 2:45pm

Nothing for me today.
Last win 15th of Jan.€50.
Come on Tuis....Hopefully the glitch is still with you.

tuisginideach · 19-02-2021 3:05pm

Embarrassedly creeping in ....- echoing dxhound's message!

tuisginideach wrote: »

Interestingly in the month of Jan/ first THREE weeks Feb, these were my winnings:
2015: 1 x €50
2016: 1 x €50
2017: 1 x €50
2018:1 x €50
2019:1 x €50
2020:1 x €50
2021 SEVEN x €50

No. of prizebonds hasn't changed much - some cashed in, some new ones bought, some swapped for new ones but very little difference overall.

I have to admit that I was amazed/incredulous/envious when I'd see Hibernicis constantly messaging (last year I think?) about his/her wins - well I'm well above 50% of my predicted/calculated wins for 2021 so I think I'll be singing Dana-like from summer to winter 'It's going to be a cold cold winter without wins'....

John arse · 19-02-2021 4:04pm

scheister wrote: »

Little over a year since I got my first batch worth €12,500 still awaiting win number 1

yeah not good that,but you do know that that sort of money should only win once a year approx with average 'luck',best of luck for the future.:D

scheister · 19-02-2021 4:50pm

John arse wrote: »

yeah not good that,but you do know that that sort of money should only win once a year approx with average 'luck',best of luck for the future.:D

I then Doubles up then in the summer to just over 25k. I am an optimist i know my day is coming for that first win :P

Hibernicis · 19-02-2021 5:00pm

tuisginideach wrote: »

I have to admit that I was amazed/incredulous/envious when I'd see Hibernicis constantly messaging (last year I think?) about his/her wins

Thanks, rub in my big fat 2021 zero wins why don't you :mad:

Seriously delighted for you tuis, long may it last !

(And it's his by the way)

Taylor365 · 19-02-2021 8:27pm

Usual nout here on 50k.

Hibernicis wrote: »

(And it's his by the way)

Woman with money? Perish the thought!

:pac:

abff · 21-02-2021 1:50am

Agent Smyth wrote: »

Which is why I mentioned it in my post but it doesn't help understand you post
Can you please explain what you mean by your figures for example

Date|New Bonds|Per Day
03/01/2020|1,066,461,148|6,094,064
03/04/2020|806,212,471|8,859,478

Is the date 03/04/2020 the day of the draw or the issue date of the bond you won??
How did you calculate the the new bonds figure on the 03/04/2020
Is the "per day" figure, calendar days between the two dates ??

The date shown is the date of the draw in which I won a prize. So, if we look at the period 03/01/20 to 03/04/20, I calculated the number of new bonds issued between the two dates by looking at the difference between the serial numbers of the new bonds I received in respect of each ‘win’. I then divided this by the number of calendar days between the two dates - in this particular case, 91 days.

I know that bonds can not be bought on weekends or bank holidays, so you would need to adjust the per day figures if you wanted to calculate the number purchased per working day.

jaffa20 · 21-02-2021 1:56am

What's the best alternative to prizebonds at the moment? I was considering then but doesn't reallly look like great idea.

Cork Lass · 21-02-2021 8:45am

tuisginideach wrote: »

Embarrassedly creeping in ....- echoing dxhound's message!

I have to admit that I was amazed/incredulous/envious when I'd see Hibernicis constantly messaging (last year I think?) about his/her wins - well I'm well above 50% of my predicted/calculated wins for 2021 so I think I'll be singing Dana-like from summer to winter 'It's going to be a cold cold winter without wins'....

I haven’t posted here in a few weeks but it’s the usual no win for us. Delighted to see you doing so well tuisginideach- long may it last

Lottie125 · 24-02-2021 7:03pm

Hi I'm new here, was looking for some info on prize bonds and stumbled accross this thread so made an account. I saw above someone say you can buy prize bonds with cash, where can you purchase them? Or is there any other way to buy in bulk? I have €25k in prize bonds (never won anything) i purchased them in €2k increments as thats my max daily allowed with my bank. Would much rather have the full €25k in one lot (even though i doubt it would help me win).

abff · 24-02-2021 9:10pm

Lottie125 wrote: »

Hi I'm new here, was looking for some info on prize bonds and stumbled accross this thread so made an account. I saw above someone say you can buy prize bonds with cash, where can you purchase them? Or is there any other way to buy in bulk? I have €25k in prize bonds (never won anything) i purchased them in €2k increments as thats my max daily allowed with my bank. Would much rather have the full €25k in one lot (even though i doubt it would help me win).

As far as I know, you can still pay by cheque. Whether you actually have a cheque book any more is another matter.

Lottie125 · 24-02-2021 10:06pm

abff wrote: »

As far as I know, you can still pay by cheque. Whether you actually have a cheque book any more is another matter.

Don't have a cheque book, i wonder can it be done in form of a bank draft. Might give them a call tomorrow and see.

cruizer101 · 25-02-2021 12:08pm

Quick question, bought some prize bonds last Saturday in post office, first purchase of prize bonds, how long does it normally take to actually get them, I kind of expected to have them by now.

tuisginideach · 25-02-2021 2:38pm

Nowadays it could take 10 days.

Cork Lass · 25-02-2021 2:48pm

We sold most of ours this week. I posted the form on Tuesday. It was good when we got in but the winnings have diminished to almost nothing. Sold just over €80k and keeping on to the smaller groups which amount to about €10k. We have been invested in crypto for a while now and are doing ok with it so going to move our money there.

Hibernicis · 25-02-2021 2:49pm

cruizer101 wrote: »

Quick question, bought some prize bonds last Saturday in post office, first purchase of prize bonds, how long does it normally take to actually get them, I kind of expected to have them by now.

tuisginideach is spot on. I bought some online on Sat 13th Feb, they were issued on 18th Feb and arrived in the post yesterday 24th Feb. Might take a few days longer for purchases in a post office. Good luck with them !

dxhound2005 · 25-02-2021 3:58pm

I got my reinvested bonds on Tuesday from last Fridays draw, so that part of the system seems to be up to speed.

I got two separate envelopes with €50 in each. They should have been able to link the two winners to my account, and send €100 in one envelope. This has happened all along, including my winners from 04 January.

Taylor365 · 25-02-2021 8:18pm

dxhound2005 wrote: »

I got my reinvested bonds on Tuesday from last Fridays draw, so that part of the system seems to be up to speed.

I got two separate envelopes with €50 in each. They should have been able to link the two winners to my account, and send €100 in one envelope. This has happened all along, including my winners from 04 January.

Calm yourself, its the gov we're talking about here.

Hibernicis · 25-02-2021 8:33pm

dxhound2005 wrote: »

I got two separate envelopes with €50 in each. They should have been able to link the two winners to my account, and send €100 in one envelope. This has happened all along, including my winners from 04 January.

You think that you have problems. Think of the huge stack of envelopes that tuisginideach has accumulated since the start of the year.....

tuisginideach · 25-02-2021 11:24pm

Hibernicis wrote: »

You think that you have problems. Think of the huge stack of envelopes that tuisginideach has accumulated since the start of the year.....

:D:D

Agent Smyth · 26-02-2021 1:43pm

Double win for us today from the big batch, so looking forward to the two letters arriving middle of next week

:D

PB2018 · 26-02-2021 1:52pm

Wins on 26th February 2021: €0
Last win: 18th December 2020: €50
Weeks since last win: 10
€134k invested in prize bonds since July 2017
Win ratio: 24 wins in 191 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-date): 0 x €50 = €0

pbwinner · 26-02-2021 1:54pm

Winnings on 26th 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

Hibernicis · 26-02-2021 2:02pm

12 weeks on the dry ( my bonds, not me )

Cute Hoor · 26-02-2021 2:17pm

Nothing for me today, last win October 2020.

However I have control over (but no beneficial ownership) of €100k worth of PBs for a friend, bought October 2020, first win today on this batch.

Andrew Flexing · 26-02-2021 2:21pm

New record @Hibernicis?

Andrew Flexing · 26-02-2021 2:26pm

No Joy.

Jan XXXXX
Feb XXXX

John arse · 26-02-2021 2:33pm

Cute Hoor wrote: »

Nothing for me today, last win October 2020.

However I have control over (but no beneficial ownership) of €100k worth of PBs for a friend, bought October 2020, first win today on this batch.

yeah well done but one win in five months on 100k-not great,not getting the "luck" obviously.good luck for the future!

Cork Lass · 26-02-2021 2:51pm

Cork Lass wrote: »

We sold most of ours this week. I posted the form on Tuesday. It was good when we got in but the winnings have diminished to almost nothing. Sold just over €80k and keeping on to the smaller groups which amount to about €10k. We have been invested in crypto for a while now and are doing ok with it so going to move our money there.

Won €50 on this batch today - the irony :rolleyes:

Cute Hoor · 26-02-2021 3:15pm

John arse wrote: »

yeah well done but one win in five months on 100k-not great,not getting the "luck" obviously.good luck for the future!

No not great, but he'll be delighted to be in the winner's enclosure when I tell him later. The money is just resting there to be eventually (partially) used as a house deposit.

tuisginideach · 26-02-2021 3:34pm

Only one €50 envelope to dispose of this week

- honestly, I have no clue what's going on! Three wins from a 27K batch swapped/reinvested (for non-performance) in June 2018. They are the 'most recently purchased' winning bonds .

Interestingly in the months of Jan/Feb, these were my winnings:
2015: 1 x €50
2016: 1 x €50
2017: 2 x €50
2018:3 x €50
2019:1 x €50
2020:1 x €50
2021 8 x €50

No. of prizebonds hasn't changed much - some cashed in, some new ones bought, some swapped for new ones but very little difference overall.

€25k invested in prize bonds

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