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Premium bond winnings.

(21 Posts)
Usedtobeblonde Fri 07-Aug-26 12:14:05

This may be odd to you but if you hold Premium bonds and when you win how many times in your mind do you spend that money?
I won £125 this month and I need new step ladders so I will spend it on those.
I need to hire a skip to get rid of all our decluttering , oh that’s ok I can put my winnings toward that.
My S told me this morning he is taking the GS’s away on Monday so I will give them extra spends.
By the end of the month I will have spent that money several times over.
I would spend on those things anyway but that sum of money means I justify all my purchases.
Are you disciplined or do you save it?

tanith Fri 07-Aug-26 12:18:45

My bond winnings go straight to buying more bonds.

Tuliptree Fri 07-Aug-26 12:23:35

Same as Tanith until I get to the limit of course

Crumbly159 Fri 07-Aug-26 12:30:07

Oh it's probably just the thrill of winning that generates a 'feelgood' factor - and realising that your bonds exist and haven't vanished into some kind of Bermuda Triangle.

My Dad gifted me some bonds in 1965 - I've never won a sausage and I'm sure they must have disintegrated by now.

But congrats whatever you decide to 'splurge' your win upon.

TerriBull Fri 07-Aug-26 12:36:51

I spend them, they just go grin

kittylester Fri 07-Aug-26 12:37:30

I get that UTBB

DH has stopped buying a season ticket for the football so we are having work done on the roof and the outside decorated and possibly a weekend away. Flipping expensive season ticket. grin

HelterSkelter1 Fri 07-Aug-26 12:43:26

Both DH and my winnings go into the "bills" account. We regard it as joint money. This monry I had a better than average win. First time ever a 500.00. We normally get about 200.00 between us. The extra 300 I will give to DD2 as its their 1st anniversary next week so they can put it towards a night away when the weather is cooler.
Their wedding day last year was the hottest day of the year looks like the same this year.
DH and I treat the P bonds like a bank account with interest...but a bit more fun and look forward to the 2nd day of the month. Still waiting for a big win!! Which I will divide between 2 DDs and us.

J52 Fri 07-Aug-26 12:47:51

I usually just leave them in the bank account, mostly because I don’t have large wins.
The only time I did have a largish win ( under £1000) I had seen a painting that I liked, so I spent the money on it.

Usedtobeblonde Fri 07-Aug-26 12:49:51

I don’t need to save at 89 so it just goes, it’s a good feel.

HelterSkelter1 Fri 07-Aug-26 12:50:38

That is lovely to hear J52. I would do something similar with a big win. Well a win between 500 and 1K

Ladyleftfieldlover Fri 07-Aug-26 12:55:01

I always put any winnings towards something special. In the past I’ve paid for a picture to be framed, bought a beautiful plate and put it towards a new dress. My daughter always buys more Bonds.

Charleygirl5 Fri 07-Aug-26 13:02:16

My winnings, like others are used to buy more. I must be reaching the maximum one of these days. It would be good to spend the money eventually.

I won zilch this month, but I have won a small amount every month for months. There as to be a rest. I have never won a significant amount. £25 is better than nothing.

Dylis Fri 07-Aug-26 13:08:27

I won £5000 a few months ago! Huge excitement and now planning a special trip away.
I was given a bond on my 1st birthday over 65 years ago. Didn't win a penny for all those years. I decided to buy some last year with money left to me by my Mum and still can't believe I won!

J52 Fri 07-Aug-26 13:24:08

Dylis

I won £5000 a few months ago! Huge excitement and now planning a special trip away.
I was given a bond on my 1st birthday over 65 years ago. Didn't win a penny for all those years. I decided to buy some last year with money left to me by my Mum and still can't believe I won!

That’s great. Lovely to have a holiday you didn’t expect, certainly a windfall, enjoy choosing.

AmberGran Fri 07-Aug-26 14:08:05

Like a lot of others any winnings go back to buying more bonds. Eventually we might be able spend some smile

When we first bought them we won nothing for about a year but more recently we've won a bit more. My max is £350, DH won £650 this month, the most he's ever had. Mainly it's £25 or £50. I suspect we are winning more because so many have got rid of their bonds because interest rates went up.

YorkLady Fri 07-Aug-26 14:14:55

I too won £125 this month. Spent it already on the grandchildren 😂
At the month end I’m always dreaming how I’m going to spend the million pounds prize, when I get lucky next month 🤞

Usedtobeblonde Fri 07-Aug-26 14:33:35

So am I YorkLady😎

Dwmxwg Fri 07-Aug-26 14:44:22

We have a separate “holiday” bank account. We both pay in a small amount each month and top up with our premium bond wins. It usually covers our spending money for any holidays we take through the year.

Primrose53 Fri 07-Aug-26 14:49:39

This month both myself and husband only won £25 each. Daughter won £500 and she only has £2500 worth. So that was really good. husband is luckier than me but he has the max. Forgotten how many I have.

SporeRB01 Fri 07-Aug-26 14:57:53

I have done very well with my premium bonds. Won £75 this month.

All winnings automatically reinvested buying more bonds.

kittylester Fri 07-Aug-26 14:59:09

DH and I both have a fair amount but neither of us has won anything for the past few months. I expect we are due a huge win soon. grin