Should the US introduce Premium Bonds?

Reply #5

Jack-C — Mon, 05 Jan 2009 21:42:56 GMT

Reply #4

BaristaExpress — Mon, 05 Jan 2009 21:34:10 GMT

Reply #3

grengrad — Mon, 05 Jan 2009 21:33:23 GMT

I like the idea. I would probably put a few thousand in it.

Reply #2

MaddMike51 — Mon, 05 Jan 2009 20:49:21 GMT

They already raise BILLIONS from American citizens...they call it taxes,and they give it away to Wall Street thieves and incompetant Detroit automakers!We don't need the U.S. Government involved in any sort of lottery,especially with RNG's,because our government is corrupt from the top on down.

Reply #1

myturn — Mon, 05 Jan 2009 08:48:59 GMT

The US Government could raise billions form the American people with Premium Bonds, just as in the UK.

Should the US introduce Premium Bonds?

myturn — Mon, 05 Jan 2009 08:44:50 GMT

A Premium Bond is a lottery bond issued by the United Kingdom government's National Savings and Investments scheme. The government promises to buy back the bond, on request, for its original price.

The government pays interest on the bond but, instead of the interest being paid into individual accounts, it is paid into a prize fund from which a monthly lottery distributes tax-free prizes, or premiums, to selected bond-holders whose numbers come up.

The machine that generates rand... [ More ]