“Their blend of structure savings with a dash of chance has undeniably captivated the British public.
“It’s undeniable that those who can invest tens of thousands of pounds have a statistically much higher chance of winning compared to someone putting in a few hundred here and there.”
The finance expert put forward some ideas for how the prize draw system could be made fairer.
He explained: “Some ideas I’ve thought could help are capping the maximum number of Bonds held to limit very high chances of winning, combining that with a tiered prize structure, and possibly rewarding longer-term investors with a small return guarantee.
“Spreading out smaller but more frequent wins across modest and significant bondholders alike also seems a sensible adjustment.”
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ading out smaller but more frequent wins across modest and significant bondholders alike also seems a sensible adjustment.
