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Lucky me

July 15th, 2006 at 02:03 pm

I won $NZ20 this month. No I did not buy a lottery ticket. Let me explain.

When I was young mum bought me some Bonus Bonds. These are a type of Govt bond, but they don't pay interest. Instead, every month there is a draw, and the lucky winners get up to $NZ300,000 prize money. I have won a few small prizes in the past, nothing spectacular, and was thinking of cashing them in. But after all, mum gave them to me...

They are quite good for those with a gambling streak as you get to keep your wagered money. And....the prize money is not taxed. For people like me, who are on a benefit, they save endless hassles with Dept Social Welfare.

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