Talk:Premium Bond

message: Sorry, this makes no sense. I used to teach maths, and I tried to work out the logic of this statement, but there isn't any (there is a similar statement elsewhere in the article). The interest rate has nothing to do with the odds of winning, since the latter is to do with the number of discrete prizes relative to the number of bonds in existence at the time of the draw (and not with the total jackpot or the distribution curve of the values of the discrete prizes).  — Preceding unsigned comment added by 82.68.94.86 (talk) 18:00, 6 February 2015 (UTC)
thread_title: NS&I dropped the interest rate (and therefore the odds of winning)

message: Didn't Macmillan receive a lot of flak for introducing this scheme?  It was viewed by the moral puritans in the Conservative party as gambling?  It is interesting to see how successful this scheme became, in spite of the early criticism.
:It succeeds because it is a good investment.  It is a gilt-edged investment you can cash in at any time, it pays 1.3% tax free (as of 2013-07-23) which beats most bank deposits, 99.8% of monthly winners take 91% of the fund and it has the big upside potential with a monthly £1 million prize.  It is even arguable that it is not gambling since you can't lose your "stake" (unlike most banks).  What's not to love? p.r.newman (talk) 11:25, 31 December 2013 (UTC)
thread_title: Criticism of Macmillan

message: Although I don't have them, I have read that the prize draw money is now paid differently than is in the current table. I am sure there is now only one 1 Million pound prize. I also believe the mid range prizes are about 5% of the prize fund now.  —Preceding unsigned comment added by Switchbackk (talk • contribs) 08:42, 21 April 2009 (UTC)
thread_title:  New Tables 

message: "ERNIE's output is independently tested each month by an independent actuary appointed by the government, and the draw is only valid if the output passes tests that indicate it is statistically random."
So then: is the output truly random?  Or has it had constraints put on it — such as having to pass a statistical test? Paul Magnussen (talk) 16:53, 9 October 2013 (UTC)
thread_title:  Random? 

message: A friend who is a UK citizen resident in the USA tried to buy UK Premium Bonds but was told by NS&I, 
"The US Postal Service Law Department has told us it is an offence
against their Lottery laws to use the mail service for Premium Bond
correspondence. This includes Premium Bond prizes.
They have asked us not to break their laws and we have to respect that
request as far as we can.
Due to this law I regret to inform you that you can not invest into, or
hold, NS&I Premium Bonds from the United States of America.
Even if you gave us a receiving address outside the USA, it would not be
a solution because we would still need your signature for a prize win."
Hey, ho.  Calling it a lottery was the only mistake.  Preference shares are a less safe "investment" - maybe the US should consider Wall Street a lottery.  Home of the paternalised, land of the overregulated? p.r.newman (talk) 11:08, 31 December 2013 (UTC)
thread_title:  UK Lottery illegal in the USA 

message: Hello fellow Wikipedians,
I have just modified  on Premium Bond. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
*Corrected formatting/usage for http://nsandi.com/press-room/premiumbonds50/history_pb.jsp
When you have finished reviewing my changes, please set the checked parameter below to true or failed to let others know (documentation at ).
Cheers.—cyberbot IITalk to my owner:Online 03:27, 2 April 2016 (UTC)
thread_title:  External links modified 

message: Hello fellow Wikipedians,
I have just modified  on Premium Bond. Please take a moment to review my edit. If you have any questions, or need the bot to ignore the links, or the page altogether, please visit this simple FaQ for additional information. I made the following changes:
*Corrected formatting/usage for http://nsandi.com/press-room/premiumbonds50/history_pb.jsp
When you have finished reviewing my changes, please set the checked parameter below to true or failed to let others know (documentation at ).
Cheers.—cyberbot IITalk to my owner:Online 06:24, 5 July 2016 (UTC)
thread_title:  External links modified 

message: The rate will drop from 1.4% to 1.3% from May 2020 draw, with a corresponding cut to chances of winning prizes. 213.253.7.254 (talk) 11:13, 18 February 2020 (UTC)
replies: text: The proposed rate cut was cancelled. It remains at 1.4% 2.25.254.143 (talk) 20:05, 1 June 2020 (UTC)
thread_title:  New rate from May 2020