Are Premium Bonds Considered Gambling or Are They Risk-Free?
In the world of finance and investment, Premium Bonds have long been a subject of debate. These instruments, offered by the UK government’s National Savings and Investments (NS&I) agency, function as a type of lottery-based savings account. The question often arises: are Premium Bonds a form of gambling, or are they risk-free? On this page, we will dive into the …