Tag Archives: Premium Bonds

State Sponsored Tax Avoidance: Britain in 2025

Posted on October 15, 2025 by odeboyz

It’s crazy that a government could sponsor tax avoidance but the British do precisely that. Nearly a trillion pounds is shielded from taxation. This policy has incentivised those with disposable incomes to exploit what has become a bonanza. A unique … Continue reading →

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Premium Bonds Ride Again

Posted on April 13, 2023 by odeboyz

Premium Bonds were introduced by Harold MacMillan in 1956.1 His insight was inventing a gamble where you could get your stake back, in full: Neo-gambling, as it were. MacMillan’s Premium – note the word – Bonds had monthly ‘prizes’ instead … Continue reading →

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In Praise of Premium Bonds

Posted on January 16, 2015 by odeboyz

Britain’s unique state lottery is called ‘Premium Bonds’. Although it is a lottery, the bondholders can get their money, in full, on demand : the antidote of true lotteries. A further unique feature is that numbers have a recurring opportunity … Continue reading →

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