THE winners of October’s Premium Bonds draw have been revealed – and one new millionaire had just £4,000 invested.
The first £1million jackpot winner was a woman from Dorset who only purchased her winning bond two years ago, in October 2017, and who holds the £50,000 maximum amount of Premium Bonds.
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She is the second October winner in a row for Dorset.
This month’s second millionaire is a man from Essex who purchased his winning bond more than 20 years ago, in August 1999.
The bond is part of a £4,000 holding.
The man is Essex’s second Premium Bonds millionaire in as many months, the third this year and the 11th in total.
Jill Waters, chief executive of NS&I, which sells Premium Bonds, said: “It’s fantastic to see the randomness of Premium Bonds being shown with October’s winners.”
She added: “October’s draw has seen over 3.3 million tax-free prizes paid out to some of Premium Bonds’ 21 million customers.”
Recipients of prizes worth between £25 and £100,000 can find out what they have won via the prize checker on nsandi.com, the prize check app or via Alexa from Wednesday.”
In the October 2019 draw, a total of 3.4million prizes worth almost £97million will be paid out. There were more than 83 billion eligible bonds for the draw.
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If you have not been a recipient a prize this month you still may have won a prize that you don’t know about.
There are 1.6 million unclaimed Premium Bonds prizes worth £63million, ranging from £25 to £100,000.
It is important to keep your personal details up to date as unclaimed prizes are commonly a result of NS&I not being informed of changes to personal circumstances, such as changes to contact details or addresses.
Customers can also reduce the likelihood of prizes becoming unclaimed by choosing to have any future prizes paid directly into their bank account.
In order to do this you need to register to manage your Premium Bonds and NS&I accounts online.
And there are prizes out there: in Dorset there are 18 prizes worth £1,000 waiting to be claimed by customers with total holdings ranging from £1 up to £20,000.
Meanwhile, in Essex there are three prizes worth £10,000, three prizes worth £5,000 and 29 prizes worth £1,000 that remain unclaimed.
Since the first draw in June 1957, there have been 456 million Premium Bond prizes, worth £19.9billion.
All Premium Bonds prizes are free of UK Income Tax and Capital Gains Tax.
NS&I reduced the minimum amount need to save in Premium Bonds from £100 to just £25 earlier this year.
More than 70,000 savers aged 16 and under have signed up to Premium Bonds in six months – but are they worth it?
And thousands of people could be missing out on £8.2million of Premium Bond prizes, just because they got lost in the post.
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