finance

Premium Bonds winner scoops £25,000 prize with number bought nearly 50 years ago


Many people will be hoping to strike it lucky with a Premium Bonds £1million jackpot win. However, some savers may be feeling despondent, holding out for a high value prize for years without success.

All is not lost, as the latest draw has shown older Bond holders can still secure a lucky win.

One person this month who clinched a £25,000 win had a holding of only £4 which they first purchased back in July 1976.

The winning Bond was purchased 47 years ago by someone living in Australia, according to NS&I’s records.

Their lucky number was said to be DW369715, and they had a total holding of £114.

READ MORE: 56 conditions could get state pensioners up to £407 per month

This will be encouraging news for those who have had their Premium Bonds for a while, and are holding out for a win.

It is also likely to delight those who only have a small holding in Premium Bonds.

Old Premium Bonds still have a good chance of scoring Britons a high value prize, as the latest results show.

In fact, this month’s draw showed a series of high value prize winners who bought their Bonds decades ago.

Winners of £100,000 purchased their winning bonds from across the years, but some which stood out were purchases in January 2004, January 2002, April 1998 and January 1998.

Express.co.uk previously spoke to Agent Million, the anonymous NS&I worker who tells Britons about their jackpot win.

Agent Million touched upon older Bonds, once again offering a glimmer of hope for historic holders.

Readers Also Like:  Rival UK power groups slam interest-free loans in Bulb rescue

They said: “The only rule you have to bear in mind when it comes to Bonds is that they have to be eligible to participate in the prize draw.

READ MORE: Best savings interest rates for April 2023

“Each individual number is entered into the draw and has an equal chance to win. When you purchase Premium Bonds, if you purchase them, say, throughout the month of January, then you have to hold them for February – and then they will enter the draw from March.

“They will remain in that prize draw and can generate prizes until such time as a person repays them – or in other words cashes in the money. Older Bonds can still win, which is the important thing to stress.”

NS&I has explained 95 percent of eligible Bonds have been bought since the year 2000.

This means even though Premium Bonds have been on sale since 1956, this is why newer Bonds seem to win more frequently.

Older Bond holders can even scoop the top £1million prize as a draw in the 2000s illustrated.

Back in 2004, the jackpot was won by a customer who had a holding of just £17 which they first bought back in 1959.

In April 2023’s prize draw, two lucky millionaires were created from differing parts of the UK.

The first was from Somerset, with a winning number of 236TZ340702.

Their winning Bond value was some £10,000, which they first purchased back in December 2014.

The second millionaire was from Croydon, with the winning number of 503VL397852.

Readers Also Like:  Stocks making the biggest moves midday: Intel, Elastic NV, MongoDB and more

Their winning Bond was only bought months ago in June 2022, with a value of £24,580.





READ SOURCE

This website uses cookies. By continuing to use this site, you accept our use of cookies.