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

March Premium Bonds: have you won a life-changing sum?

0
Written by:
02/03/2020
A woman from Norwich and a man from Cambridgeshire have become the latest winners of the £1m Premium Bonds jackpot.

The lucky woman from Norwich invested the maximum £50,000 and bought the winning NS&I Premium Bond in July 2015. The winning bond number is 250KD320334.

She is just the third jackpot winner from the East Anglian city.

The second big winner is a man from Cambridgeshire who scooped the life-changing £1m prize after investing £15,700 in July 2018. The winning bond number is 334AX125846 and came from a previous £25 win which was reinvested rather than banked.

The jackpot win makes the man the fourth jackpot millionaire from the area.

There were 3.5 million prizes up for grabs in the March draw, worth £100.5m. This is the highest prize fund since December 2007 when it reached £119.7m.

There were 86 billion eligible bonds for the draw. Since the first draw in June 1957, 473 million prizes have been drawn with a total value of £20.4bn.

Unclaimed prizes

According to NS&I – the government’s savings arm – there are more than 1.7 million unclaimed winning Bonds worth £65m.

Premium Bonds may go unclaimed for reasons including if NS&I doesn’t hold your current address details or if you had bonds bought as a child but have since forgotten about them.

Customers can make sure their details are up-to-date and choose to have any future prizes paid directly into their bank account, by registering to manage their Premium Bonds online at nsandi.com/register.

Bond holders can also check whether they’ve won by visiting www.nsandi.com, or through its prize checker app available on iOS and Android, and through Alexa-enabled devices.

Jill Waters, NS&I’s retail director, said: “Spring is well and truly here for these two jackpot millionaires, as well as more than three million other people who have received tax-free prizes this month.

“Our millionaire from Cambridgeshire won with a Bond that was worth just £25 following a reinvestment from a previous prize win they’d had. With £25 being the minimum amount that people can invest, this shows that any holding, whether small or large, has a chance to win the magic £1m jackpot.

“The £25 minimum investment is just one of the ways that Premium Bonds have become more accessible. We’ve recently launched text message notifications to inform people of wins, as well as enabling child winners to have their prizes paid directly into the bank account of their nominated responsible parent or guardian, ensuring that children get their prizes more quickly.”

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.

Big flu jab price hikes this winter: Where’s cheapest if you can’t get a free vaccine?

Pharmacies, supermarkets and health retailers are starting to offer flu jabs ahead of the winter season, but t...

Is now the time to fix your energy deal?

Fixed energy tariffs all but disappeared during the energy crisis. But now they are back with an increasing nu...

Everything you need to know about the pension triple lock

Retirees are braced to receive another bumper state pension pay rise next year due to the triple lock mechanis...

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.

The best student bank accounts in 2023: Cash offers, tastecards and 0% overdrafts

A number of banks are luring in new student customers with cold hard cash this year – while others are compe...

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?

Money Tips of the Week