Debunking the Myth of Premium Bonds

How much do you need in Premium Bonds to win the jackpot?

And if you haven’t maxed them out to the full £50,000, is it even worth bothering?

This is Money has run some in-depth analysis on all the £1million prizes over the past four years and this week revealed how much those lucky people held.

On this week’s podcast episode, Georgie Frost, Lee Boyce and Simon Lambert look at what it takes to win the Premium Bonds.

Simon gives us his tax manifesto to get us out of the mess Britain’s tax system is in.

Plus, one of our readers is in their mid-40s, would like to semi-retire to work on their own terms, travel and enjoy life in a decade, and wants to know if their £180,000 investments can grow enough to achieve that. 

What does someone with those ambitions need to consider? The team take a look.

Should you consider buying a cheap electric car? Prospective buyers are worried about batteries but get over that and Simon says it could prove even cheaper to run than you think.

And finally, the new King Charles notes are out but what are the serial numbers to check your wallet for that could make them worth big money?