Premium bond draw

If you are a Premium Bond holder, you can check whether you have won in the National Savings and Investment website.Each month, approximately  £ 100m is won in the Premium Bonds draw.

And in the last six draws, along with any prizes unclaimed from previous draws.We usually update information on the winning bonds on the third working day of each month.If you have won a prize this month, we will automatically send to you.Instead of receiving the winnings can decide, they will automatically buy more bonds.

7 million prices between £ 25 and £ 1 million ever spent.6 million of them are £ 25, 30000 are £ 50 and £ 100 and the remaining 5,000 or so are between € 500 and one million (1 million is only one though) pounds.With National Savings and Investments (NS and I) official award information, the probability of each prize will be won with a bond in a draw easily calculated.Once identified, the program employs a multinomial probability generating function to count the number of prices any combination of bonds and prefers to see a month is likely to surrender.By this means the potential cash value of prizes, by all possible scenarios, found.To crunch the numbers takes a powerful computer server over 12 hours and then the answers are in a database, from which the above information is provided will be charged.Premium Bonds were introduced to control inflation and encourage saving in the period after the Second World War.Fifty years later, they are one of the country's most popular savings products.