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Strange facts about Premium Bonds



Premium bonds marked their fiftieth anniversary in November 2006. Premium bonds are bought and kept by over 40% of Great Britain's populations. Where conventional financial investments yield a small return over time, premium bonds yield no return at all however provide the financier a chance to win a month-to-month lotto.


From its conception until the late eighties there was even a charm contest to commemorate the premium bonds program. The National Saving and Investment firm, the department in charge of the bond program, held an annual Miss Premium Bond competition in which workers of the agency gotten in throughout the annual Civil Service Sports and Social Club Day held in Lytham St. Annes.


Resemblances from the statistics include that Hannah is the most regular name that has actually won a premium bonds lotto and Sean was the most regular male name. Some winners don't even declare their prizes. There are also more than five hundred thousand pounds kept at the company just waiting for somebody to come and take it house.


There are even conspiracy theories that call the premium bonds program a rip-off. There are individuals who will cash in their bonds and then buy brand-new them so that they will have modern numbers. The very first bond ever bought is still in the system, however these individuals think that only brand-new numbers will be produced from ERNIE the popular number producing machine.


Other conspiracy theorists have come up with concepts that the maker is prejudiced to what area of Great Britain the winners will be picked from. One guy in Wales even has stated that the bonds were rigged due to the fact that Wales had the fewest amount of winners. What he failed to recognize was that less people in Wales bought superior bonds which naturally the stats would prefer a larger purchasing population.


You can't actually loose since the bonds are cashed in at the same amount they were purchased at. He might be one of the people who has never ever declared the over 5 hundred thousand pounds that have actually never declared.


Where conventional financial investments yield a little return over time, premium bonds yield no return at all however give the investor a chance to win a month-to-month lotto. From its conception until the late eighties there was even a beauty contest to commemorate the premium bonds program. The National Saving and Investment company, the department in charge of the bond program, held a yearly Miss Premium Bond competitors in which staff members of the company gotten in throughout the yearly Civil Service Sports and Social Club Day held in Lytham St. Annes. There are even conspiracy theories that call the premium bonds program a scam. What he failed to understand was that fewer people in Wales bought exceptional bonds and that naturally the statistics would favor a bigger buying population.

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