Every £1 bond entered into the prize draw has the same odds of winning, so the more bonds you purchase, the more chances you have of winning. The minimum investment you can make in premium bonds ...

Every month, savers have the chance to win big prizes as the Premium Bonds winning numbers are announced. There are now 24 million people taking part in the government-backed savings scheme, with ...

If you know and accept this, then investing in Premium Bonds isn't a bad plan. For full info, see our Premium Bonds guide. Premium Bond prizes are tax-free – though cash ISAs will likely win for most.