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Premium Bonds

Got any savings in Premium Bonds? How much can you expect to win?

Premium Bond Calculator
How much do you have saved in Premium Bonds? £
Over how long would you like to estimate winnings?  Years
 Months
For our non-UK visitors, Premium Bonds are a UK government backed product from National Savings and Investments.

These figures are based on October 2007, at which point the total prize fund was £118,705,450, and the odds of any one bond winning any one prize was set to 21,000 to 1. (Details from the NS&I site here).

The prize fund of £118,705,450 is split into three parts. 10% of which goes to "Higher value prizes" (prizes of £5,000 and above), 10% goes to "Medium value prizes" (£1,000 and £500 prizes), and the final 80% to "Lower value prizes" (£100 and £50 prizes).

This means it's split into (approximately) the following manner:

Prize No of prizes Odds
Higher Value
(10% of prize fund)
£1,000,000 2 1 in 17,806,582,500
£100,000 20 1 in 1,780,658,250
£50,000 39 1 in 913,158,077
£25,000 79 1 in 450,799,557
£10,000 197 1 in 180,777,487
£5,000 395 1 in 90,159,911

Medium Value
(10% of prize fund)
£1,000 4,748 1 in 7,500,667
£500 14,244 1 in 2,500,222

Lower Value
(80% of prize fund)
£100 223,168 1 in 159,580
£50 1,452,973 1 in 24,511

Totals £118,705,450 1,695,865

Note: I say "approximately" because the above figures are worked out by whatsthecost.com depending on the prize fund, which changes from month to month. Although they appear to match with the National Savings data, it's possible they may be slightly out


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