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The Independent UK

Business

Albert Toth

The real odds of winning a Premium Bonds prize revealed as millions are ‘missing out’

Bonds Octopus Money United Kingdom

The real odds of winning a prize through Premium Bonds has been revealed as a personal finance expert weighs in on how worthwhile the popular savings option really is.

Premium Bond holders are waiting an average 3.5 years to win a single prize, new analysis from Octopus Money has found. In nine out of ten of these cases, this prize is worth less than £2,000.

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