NS&I warns customers who have 'just £275' worth of Premium Bonds

One NS&I winner scooped a £1 million jackpot just one year after buying Premium Bonds.

National Savings and Investments customers who've bought their Premium Bonds in the past year have been handed a major boost - in the form of a MASSIVE win. One NS&I winner scooped a £1 million jackpot just one year after buying Premium Bonds.

NS&I is warning customers to check their accounts - because they could be about to become a LOT richer. More than 5.9 million prizes were handed out in October's Premium Bonds draw and one winner, from the East Midlands, bought the lucky bond, 535MK963637, in March 2023, becoming the first person to win NS&I’s jackpot in October.

The second winner, a bondholder from Gloucestershire, purchased their lucky bond, code number 203JB525288, in February 2023. Both winners had £50,000 and £29,000 respectively invested in Premium Bonds respectively at the time of their win.

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Andrew Westhead, retail director at NS&I, said: “Congratulations to our newest Premium Bonds millionaires from Derbyshire and Gloucestershire. I’m sure these wins will help to bring some autumnal cheer to our lucky Bond holders."

There was also a massive boost for one winner who had just £275 invested, Mr Westhead said. And he had good news for customers who had long-standing Bonds, having purchased their holdings way back in the 1970s, he added.

Mr Westhead went on and said in a statement after the monthly draw: “But it’s not just about our jackpot winners though - this month saw one £100,000 prize go to a holder with just £275 invested, and another to a winner who bought their winning bond 47 years ago back in July 1977.

“This shows that all eligible £1 Premium Bonds, regardless of when they were bought, have an equal chance of winning.” The monthly draw takes place at the beginning of each calendar month, with NS&I backed by the Treasury.

The next draw will take place in the coming weeks at the beginning of November, NS&I has already confirmed.