Re: Premium Bonds
If the NS&I pays out only 1% ,of their incomings, as prizes, were does the other 99% go?
Someone with 10,000 pounds invested, might expect 1% winnings, every year. That equals £100 coming back or being re-invested.
After 2 months, I have won nothing on Premium Bonds, but Santander have paid me interest +payments for gas, elec, Council Tax, etc.
I wait with baited breath.