§ Mr. Channonasked the Chancellor of the Exchequer what were the total expenses incurred in running the Premium Bond Scheme in the last convenient 12-months period; what percentage that was of the total amount invested; and what was the total amount of prize money paid out during the same period.
§ Mr. BarberThe total administrative, advertising and selling costs of the Premium Bond scheme during the financial year 1958–59 were £1,543,967. This was a little over 0.8 per cent. of the average amount remaining invested in Bonds over the year. The total amount of prize money allotted during the year was £6,866,125.
§ Mr. Channonasked the Chancellor of the Exchequer what, in each of the draws that have taken place since the inception of the scheme, were the respective odds against a holder of Premium Bonds winning a prize.
§ Mr. BarberThe odds against the holder of a single Premium Savings Bond winning a prize in each of the monthly draws since the inception of the scheme have been as follows:
1957—June 2,095: 1 July 8,394: 1 August 8,634: 1 September 9,770: 1 October 10,050: 1 November 10,578: 1 December 10,001: 1 1958—January 7,595: 1 February 8,162: 1 March 8,937: 1 April 9,567: 1 May 9,700: 1 June 9,580: 1 July 9,820: 1 August 9,146: 1 September 9,871: 1 October 10,198: 1 November 10,444: 1 December 10,554: 1 1959—January 10,527: 1 February 10,460: 1 March 10,443: 1 April 10,358: 1 May 10,559: 1 June 10,733: 1 July 10,741: 1 August 10,544: 1 September 11,014: 1 October 11,203: 1 November 11,179: 1