Investment & Investing

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Chopsicle

There’s an explainer here on Premium Bonds returns; point 3 ‘The rates 1% but most won’t earn that’. A higher outlay increases net probability.

https://www.moneysavingexpert.com/savings/premium-bonds/

Obviously v different systems ….but is this applicable to National Lottery too?

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dt in reply to @Chopsicle

it will be <0% but would interesting to see exactly how much

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Chopsicle in reply to @dt

that's a better way of looking at it - is there a difference in % loss depending on size of Lottery stake or is it directly proportional to outlay - ?

I can't find anything that does the same as the PB calculator/explainer - anyone got any ideas?

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