Bizarre Facts About Premium Bonds
From its conception until the late eighties there was even a beauty contest to celebrate the premium bonds program. The National Saving and Investment agency, the department in charge of the bond program, held an annual Miss Premium Bond competition in which employees of the agency entered during the annual Civil Service Sports and Social Club Day held in Lytham St. Annes. Just like regular beauty pageants, the competitors would walk down the catwalk flaunting their looks and style. They would smile politely to the judges and then answer questions related to the pageant. No other investment company has ever sponsored such an event.
Similar to the American lottery there has been some weird stats derived from the program. Similarities from the statistics include that Hannah is the most frequent name that has won a premium bonds lottery and Sean was the most frequent male name. The ten top readers were all female except for one. Some winners don't even claim their prizes. There is an unclaimed prize for twenty five thousand pounds waiting patiently for the owner to claim. There are also more than five hundred thousand pounds stored at the agency just waiting for somebody to come and take it home.
There are even conspiracy theories that call the premium bonds program a scam. There are people who will cash in their bonds and then buy new them so that they will have modern numbers. The first bond ever bought is still in the system, but these people believe that only new numbers will be generated from ERNIE the famous number generating machine.
Other conspiracy theorists have come up with ideas that the machine is prejudiced to what region of Great Britain the winners will be chose from. One man in Wales even has said that the bonds were rigged because Wales had the fewest amount of winners. What he failed to realize was that fewer people in Wales bought premium bonds and that naturally the statistics would favor a larger buying population.
As there is winners there are also losers. You can't really loose because the bonds are cashed in at the same amount they were bought at. One gentleman reported that he had never won in twenty years. He states he has even stopped looking at the monthly numbers. He could be one of the people who has never claimed the over five hundred thousand pounds that have never claimed.
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Bond Articles
Are Premium Bonds Worth It?Bizarre Facts About Premium Bonds
Can NonBritish Investors Purchase Premium Bonds?
Conspiracy Theories About Premium Bonds
Facts About Premium Bonds
Fun Facts And Myths About Premium Bonds
How To Claim Your Premium Bonds Winning
If American Adopted The Premium Bonds Program
Premium Bond And ERNIE
Premium Bonds Have Come Under Fire From Various Groups
Premium Bonds Is Not Considered Gambling By Most
Premium Bonds Or Savings Accounts The Choice Is Yours
Premium Bonds The Best Saving Practice For The British Citizen
Premium Bonds And Islamic Law
Premium Bonds And The Difference Between NSI And Banks
Premium Bonds And The Northern Ireland Widow
Premium Bonds And The Odds Calculator
Premium Bonds And The Unluckiest Man In Great Britain
Randomness In The Premium Bonds Market
Success Stories About Premium Bonds
The Difference Between British And Canadian Premium Bonds
The NS&I And Premium Bonds
The Premium Bonds Program Hits A Milestone In Financial History.
What Is A Premium Bond?
Why Is It Smart To Invest In Premium Bonds?
Bond Articles If American Adopted The Premium Bonds Program The British have found a unique way to invest their money... Are Premium Bonds Worth It? Premium bonds are becoming more popular everyday. Millions of people are.. The NS&I And Premium Bonds Premium bonds were conceived in 1861. It was set up so that.. What Is A Premium Bond? The United Kingdom has a unique way to insure bonds that is very different.. |
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