Premium Bonds millionaires are made in Surrey and West Scotland
ERNIE, the Premium Bond prize number generator, has made the start of May one to remember for two lucky Premium Bond holders, as Agent Million will travel north of the border and to the home counties to deliver the life-changing news.
A man from West Scotland (Bond number: 171EJ539324) is one of the lucky recipients of the £1 million top prize. The winner has £50,000 invested and purchased the winning Bond in August 2010. He is the first jackpot winner holding the maximum £50,000 since the Premium Bond holding limit was raised in June 2015. While a woman from Surrey is waking up to the jackpot prize (Bond number: 150PX626601), having bought the winning Bond in February 2009 and with a £23,950 holding in Premium Bonds.
The winner in Surrey becomes the 21st winner in the county, with the last visit ten months ago, while West Scotland is visited for only the second time. To protect winners’ anonymity and help keep their personal details confidential, we only list an area when there are at least 100,000 Premium Bonds holders living there.
Alun Williams, NS&I’s Assistant Retail Director, said:
“The people of Scotland have obviously been thanking their lucky stars recently, as this month’s winner is the second person in two months who has landed the million pound jackpot. Surrey has had a few more jackpot winners since the £1 million prize was introduced, but every visit provides a fantastic surprise for a lucky Premium Bond holder in that area.
“Premium Bonds are a great way to save and every Bond number has the same chance of winning tax-free prizes so we hope to make many more winners all over the country in the future.”
It is not just the two jackpot winners who have lucked-in this month, with ERNIE giving away over 2.3 million prizes this month, from tax-free prizes ranging from £25 to £1 million.
In fact, there are millions of Premium Bond winners who may not know that they have won a prize in a previous draw, with more than 1.2 million unclaimed Premium Bond prizes worth over £51 million. In Surrey, there is £1.2 million waiting to be claimed, including a £10,000 prize to a man, who holds just £10 in Premium Bonds, with the prize being drawn in March 2014 (Bond number: 22KZ175159). There is also a £5,000 prize (Bond number: QK407453), drawn in September 1979, owed to another man in the county, who has £65 invested in Premium Bonds. There are also over £445,000 worth of unclaimed prizes in West Scotland, including a number of £1,000 prizes.
Premium Bond prizes may become unclaimed as a result of NS&I not being informed of changes to customers’ personal circumstances, such as a change in contact details or losing track of their Bonds. NS&I is urging Premium Bonds holders to reduce the chance of their prizes becoming unclaimed by registering on www.nsandi.com to have any prizes paid directly into their bank account (with notification by email).
Importantly, there is no time limit for claiming prizes. In West Scotland, the oldest prize is £25, and was drawn in April 1963, while in Surrey, the oldest prize remaining unclaimed is also worth £25 and was won in September 1963. The oldest unclaimed prize nationally dates back to November 1957, and was similarly £25.
Alun Williams, NS&I’s Assistant Retail Director, continued:
“There are millions of prizes owed to Premium Bonds holders, including those with very small amounts invested winning big tax-free prizes. By signing-up to manage your Premium Bonds online and having any future prizes paid directly to your bank account we can reduce the amount of unclaimed prizes and you can have access to your winnings more quickly.”
Premium Bonds holders can keep track of their prizes by using the NS&I Premium Bonds prize checker app, which is free to download, and lets customers check if they’ve won a prize in the past six months. Customers can also check if they have won a prize by using the Premium Bonds prize checker on nsandi.com
This month’s millionaires are ERNIE’s 337th and 338th Premium Bonds jackpot winners.
For the May 2016 prize draw ERNIE paid out over 2.3 million prizes of more than £68 million in value. There were 61,047,929,219 eligible Bond numbers in the draw.
This brings the grand total of prizes since the first draw in June 1957 to 343 million and the value of those prizes to £16.6 billion.
Prize and value breakdown in May 2016
|Value of prize||Number of prizes|
|Total prize fund value£68,678,925||Total number of prizes 2,348,000|
From 1 June 2016, the prize fund rate on Premium Bonds is being reduced from 1.35% to 1.25%. See more information here.
Notes to Editors
- All Premium Bonds prizes are free of UK Income Tax and Capital Gains Tax
- This month’s jackpot winners become ERNIE’S 337th and 338th Premium Bonds millionaires.
- The annual Premium Bonds prize fund rate is currently 1.35% and the odds of each individual Bond number winning a prize are 26,000 to 1. This will be changing on 1 June, the prize fund rate will then become 1.25% and the odds of each individual Bond number winning a prize will be 30,000 to 1.
- Unclaimed Premium Bonds prizes are defined as prizes over 18 months that have not been paid out (cashed). Addresses held for customers with unclaimed prizes might not be the current residential address of the customer.
- Pictures of ERNIE (including the new ERNIE 4 machine), NS&I’s Agent Millions and people buying Premium Bonds are available in high-resolution jpeg format from the NS&I media team.
- Customers can buy Premium Bonds online at nsandi.com and over the phone by calling 0500 500 000. This is a free phone number but calls from mobiles and some landline providers may be chargeable. Telephone calls may be recorded.
- Further information on NS&I (National Savings and Investments), including press releases and product information, is available on the website at nsandi.com. Follow us on Twitter: @nsandi or join the conversation on Facebook: Premium Bonds made by ERNIE