The chances of all bonds winning are the same, regardless of when or where they were bought. Savers buy £1 bonds and each has an equal chance of winning, so the more you buy, the higher your chances.

For every £1 bond in the monthly prize draw, the odds of winning are 22,000 to one, according to the NS&I. In April, the annual prize fund rate dropped from 4 per cent (variable) to 3.8 per cent.

Millions of National Savings and Investments customers have been warned "it's time" to cash in their accounts and close their ...

The prize draw takes place at the start of the month. Guidance on the NS&I website states that prizes are typically paid by ...

What are the chances of winning a Premium Bonds prize? While NS&I’s prize fund rate, the average rate of return for a person with average luck, currently stands at 3.8%, there’s no guarantee ...

Premium Bonds customers have been warned they could be losing money in real terms by holding onto their Bonds. Savers may be wondering if the scheme is right for them as NS&I is to cut the prize fund ...

National Savings and Investments has issued a warning to Premium Bonds holders and customers over an "automatic" rule. The Treasury-backed financial provider and institution has issued a warning to ...

I have now cashed in all my Premium Bonds. It's been a long time coming, but the latest cut to the prize rate was the final straw. I've decided I'm better off with my savings elsewhere and spending £2 ...

Premium Bonds holders have been warned to brace for ... to the total amount of Bonds entered into the monthly draw will fall. The odds of each £1 Bond securing a win will stay at the existing 22,000 ...

Essex tops the table in July’s Premium Bonds draw, with holders in the region securing the greatest total prize amount, more than any other area ...