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Each month, millions of savers are entered into a prize draw to win cash prizes ranging from £25 to £1 million, with two millionaires made at every draw. Every £1 entered has a 22,000-to-one ...
Outstanding bonds as of September 2013 were around 28.9 billion SEK. [28] In Denmark, "Premieobligationer" usually ran for five or 10 years with a fixed prize list printed on the physical bonds. They were physical bearer bonds and most series were extended one or more times by another 5 or 10 years.
A Prize Bond is a lottery bond, a non-interest bearing security issued on behalf of the Irish Minister for Finance by the Prize Bond Company DAC. Funds raised are used to offset government borrowing and are refundable to the bond owner on demand. Interest is returned to bond owners via prizes which are distributed by random selection of bonds.
All prizes are tax free and, with approximately 84 billion bonds issued, the chances of any one bond winning a prize for a given month are approximately 24500 to 1. However, if a bond wins a prize, that bond is not redeemed but remains 'in the pool' for all forthcoming draws (at least until the bond-holder decides to redeem it.).
Don’t feel too sorry for Hong Kong’s two bronze medalists, as they were rewarded with HK$1.5 million (over $190,000) for their efforts. All the medal winners can also look forward to free ...
The owners of the California gas station who sold the fifth largest Mega Millions ticket in history on Friday were elated to learn their store had played a small part in the $1.22 billion jackpot ...
Over New Year’s weekend, a Michigan player won the fifth-largest prize in Powerball history, $842.2 million, and three tickets sold in Kentucky over the weekend won $50,000 prizes.
The X Prize was inspired by the Orteig Prize—the 1919 prize worth 25,000 dollars offered by New York hotel owner Raymond Orteig that encouraged a number of intrepid aviators in the mid-1920s to fly across the Atlantic Ocean from New York to Paris—which was ultimately won in 1927 by Charles Lindbergh in his aircraft Spirit of St. Louis. [2]