Premium Bonds winning odds explained – will your savings outpace inflation? | Personal Finance | Finance

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The expert explained: “Because the odds improve the more bonds your hold, and based on the number of bonds I own, I’ve worked out that my win was more akin to a one-in-1,000 shot. 

“Not the stratospheric odds of winning from just one bond but a great stroke of luck, nonetheless.

“After a win like that I figured my rate of return would’ve sky-rocketed too, but working it out brought me down to earth pretty quickly.

“Based on the number of bonds I hold, and the length of time I’ve held them, my one-in-a-thousand win translated into an annual return for just 3.8 percent.”



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