PREMIUM BONDS

2 November 2009

 

NOVEMBER’S £1 MILLION PREMIUM BONDS JACKPOT DRAW

 

  

 

November’s Premium Bond millionaire

 

A man living in Clwyd1

 

   Bond Number: 38JZ040498

 

Winning Bond bought in August 1997

 

Total holdings: £20,000

 

 

 

 

The male winner from Clwyd asked to keep his identity a secret, though went on the record to say: “I can’t believe I’ve won the jackpot prize! It’s an incredible feeling to be the recipient of such a large sum of money and I’m really excited at the prospect of being able to treat my family to some new life experiences.”

 

In November’s draw ERNIE paid out over 1.6 million prizes, together amounting to more than £50 million in value. There were 40,439,578,484 eligible Bond numbers in the draw.

 

NS&I announced in September that the Premium Bonds prize fund rate would increase to 1.5% from the October 2009 prize draw onwards. This has created an extra 500,000 Premium Bond prizes to be distributed this month, making the number of high value prizes (£5,000 to £100,000) paid in November nearly double the number of high value prizes awarded in September before the rate increased.

 

Prize and value breakdown in November 2009

Value of prizes

 

Number of prizes
£1,000,000 1
£ 100,000 4
£ 50,000 8
£25,000 17
£10,000 40
£5,000 82
£1,000 1,010
£ 500 3,030
£100 29,697
£50 29,697
£25 1,621,396
 

Total prize fund value

£50,549,450

 

Total number of prizes

1,684,982

 

Premium Bond facts

Premium Bonds are an investment where, instead of interest payments, investors have the chance to win tax-free prizes. They were officially launched by Harold Macmillan, Chancellor of the Exchequer, in his 1956 budget.

 

Premium Bonds can be bought online at www.nsandi.com, by telephone on 0500 500 000 (see note 5), by post and over the counter at Post Office® branches.

 

Like all NS&I products, Premium Bonds offer investors 100% capital security, backed by HM Treasury, as well as the sense of fun that comes from potentially winning tax-free prizes.

 

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