How much money is invested in Premium Bonds in July 2016?

National Savings and Investments is an executive agency of HM Treasury.

www.nsandi.com

One can calculate from the published data how much money is actually invested with National Savings and Investments

http://www.nsandi.com/prize-checker

In July 2016 we had about £64m of prize money and about 2m actual prizes that made up the £64 prize pool and the odds of winning in the prize draw are 30,000 to 1.(0.00003333333333333330)
Total Number of Bonds = Total Number of Prizes / Odds for the draw

Thus:

Total Number of Bonds = 2,000,000 / 0.00003333333333333330

60,000,000,000 are the total number of bonds.

Now each Bond is worth £1.

Thus we been able to calculate that total value invested with National Savings and Investments is £60 Billion.

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