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Martin Lewis: Money Saving Expert says Premium Bonds best saving option - full details | Personal Finance | Finance

The key is what d someone with average luck win?
On the topic of winning prizes, Martin went on to examine the likelihood of success: Imagine everyone with the same number of bonds lined up in order of winnings - the one in the middle defines average luck (in maths, the median average). It s complex to work out exactly, so years ago I had our Premium Bond Probability Calc built. It uses multinomial probability to show your odds (I had to get a post-doctoral cosmology statistician to design it). It shows, currently with AVERAGE LUCK OVER A YEAR:
£100 of bonds wins NOWT - in fact, 29 in 30 with £100 win nothing. ....

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Martin Lewis: Money Saving Expert explains how to claim Premium Bonds if someone has died | Personal Finance | Finance

| UPDATED: 14:26, Fri, Jan 8, 2021
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Martin Lewis, Money Saving Expert, has helped hundreds of thousands of Britons with their money-related queries and has used his multiple platforms to offer the latest advice. On his Money Show on ITV, Martin examined the issue of Premium Bonds which are held by millions of people right across the country, as well as those living abroad. One woman, Jane, wrote in to Martin’s show, asking for advice on Premium Bonds. ....

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