You are here: Home - Saving-Banking - News -

Have you won a Premium Bonds prize in the November draw?

Written by:
A woman from Devon and a woman from West Sussex have become the latest winners of the life-changing £1m Premium Bonds jackpot. Could you have won a prize in November’s draw?

The first lucky woman from Devon bought the winning bond in June 2013 and had £39,375 invested. She scooped the £1m prize with bond number 207RY321077.

She becomes the 15th £1m jackpot winner from the county.

November’s second millionaire is a woman from West Sussex. The winning bond number 286JH211408 was bought in November 2016 and is part of a £50,000 holding. This is the eighth Premium Bonds millionaire from West Sussex.

The big winners are announced on the first working day of the month ahead of other prize winners as ‘agent million’ visits homes with the surprise £1m news.

However, remaining Premium Bonds holders will be able to check if they’ve won an amount between £25 and £1,000 via the prize checker and prize checker app the following day so this will be available from tomorrow (Tuesday 3 November). You’ll need your Premium Bonds holder’s number.

There were 3.97 million prizes up for grabs in the November draw, worth £113m.

There were 97.4 billion eligible bonds for the draw. Since the first draw in June 1957, 504 million prizes have been drawn with a total value of £21.2bn.

Paper warrants will be phased out

NS&I recently announced it would phase out the use of prize warrants (like a cheque) from December 2020 draws, with the February 2021 Premium Bonds draw being the last time they’re sent.

Customers can instead get any prizes they win paid straight into their bank account or automatically reinvested up to the maximum £50,000 in Premium Bonds. However, customers need to act to ensure NS&I has latest contact details.

The change ensures that all Premium Bonds prizes will be paid more quickly and more securely.

Jill Waters, NS&I’s retail director, said: “We’re absolutely delighted for our two winners in Devon and West Sussex and would like to congratulate them on winning this huge sum of money. Part of the everlasting magic of Premium Bonds is that chance to be surprised and delighted each month, and our two winners will know more than anyone else how great that can feel.

“Premium Bonds continue to evolve and from December’s prize draw, we will be starting to phase out prize warrants. Customers should provide NS&I with their bank and contact details so they can receive their prizes quicker, easier and more securely.”

Odds of winning Premium Bonds slashed next month

NS&I announced a raft of rate cuts to its savings accounts and Premium Bonds are also affected.

The odds of any £1 Premium Bonds number winning any prize will fall from 24,500 to one, to 34,500 to one from the December draw.

This will take the Premium Bonds fund rate from 1.40% to 1% and will take the number of prizes down from 3.85 million in September’s draw to an estimated 2.85 million in the December draw.

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Your right to a refund if travel is affected by train strikes

There have been a wave of train strikes in the past six months, and for anyone travelling today Friday 3 Febru...

Could you save money with a social broadband tariff?

Two-thirds of low-income households are unaware they could be saving on broadband, according to Uswitch.

How to help others and donate to food banks this winter

This winter is expected to be the most challenging yet for the food bank network as soaring costs push more pe...

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

DIY investors: 10 common mistakes to avoid

For those without the help and experience of an adviser, here are 10 common DIY investor mistakes to avoid.

Mortgage down-valuations: Tips to avoid pulling out of a house sale

Down-valuations are on the rise. So, what does it mean for home buyers, and what can you do?

Five tips for surviving a bear market mauling

The S&P 500 has slipped into bear market territory and for UK investors, the FTSE 250 is also on the edge. Her...

Money Tips of the Week