How's your luck with Premium Bonds?

I am unsure of Premium bonds, heard of them but never looked into them, I have £10,000 spare and was going to put it in a savings account. If I invest £10,000 is it secure and does it pay interest?
 
I was thinking 5000, but I'm scared to transfer it out the bank
I had a bit of a windfall and got 10,000 and don't want it just sat in the bank so looking to put it somewhere, these seemed to be a bit of a savings acoount.
 
Unsure that this is just a bit of fun for those who can afford to lose it. I am not a gambler
 
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Friend of the misses, with a holding of £20k, won £50k last month

We buy more every month via standing order, plus I use them to save for my tax bills
 
Unsure that this is just a bit of fun for those who can afford to lose it. I am not a gambler
I don't think you can lose your initial amount (could be wrong)

But you might win big or you might win nothing....I think.
 
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