Bouleversee wrote:someone in Bucks. with the same no. of bonds as me had won £5000k
Wow that's a lot!
Scott.
Thanks to Anonymous,bruncher,niord,gvonge,Shelford, for Donating to support the site
Bouleversee wrote:someone in Bucks. with the same no. of bonds as me had won £5000k
PinkDalek wrote:Bouleversee wrote:... I had won the princely sum of £25 yet again. ...
Moi aussi. Yes the App is simple but I was hoping you'd have hit the jackpot.
Full holdings - tax years:
2016-17 £600
2017-18 £425
2018-19 £700
2019-20 £650
2020-21 £325 (5 blank months)
I told you you'd "win" this year! Was I right?
melonfool wrote:Nothing here on £25k.
Website says next updated due 4th May so I assume any April award would be showing now.
Mel
staffordian wrote:melonfool wrote:Nothing here on £25k.
Website says next updated due 4th May so I assume any April award would be showing now.
Mel
Strangely, the app says 5th May. Unless the website relates to the big prizes, which, IIRC, are announced a day earlier than the bulk of the prizes?
melonfool wrote:Sorry, you're right, 5th.
Laughton wrote:I've had one of those in the past.
Not sure how the "reserve" list actually works but had assumed that everyone below the "non eligible" winner simply moves up one place in which case there'd have to be potentially millions of non eligible winners for someone to go from being a £25 winner to a £1M winner.
Laughton wrote:The situation may have changed but in an answer to questions raised in Parliament on May 10 1962:
"You wished to know also what happens to prize money in such circumstances. The answer is that the prize list is adjusted so that the full amount of the prize fund is paid out to eligible bondholders. In the case of a £500 prize, the first £250 prize winner is paid a further £250; the first £100 winner gets another £150; the first £50 winner gets another £50; the first £25 winner gets another £25; and the first reserve is awarded £25. This is done because the prizes are awarded in the order in which the bond units are drawn, those drawn first taking the higher prizes. The reserve units are drawn as part of the ordinary draw, and they come up for prizes (if any) in the order in which they are drawn."
(https://api.parliament.uk/historic-hans ... mium-bonds)
"I'm not sure I understand this. Why use such a system to allocate an invalid win amongst all other prize winners?"
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