NS&I has announced some details about the high value prize winners for the December 2023 Premium Bonds prize draw, including the two savers who have woken up £1million richer.
This month, the first £1million jackpot winner came from York.
They purchased the Winning Bond – 481BJ590233 – in December 2021.
The second jackpot winner is from Essex, having bought the Winning Bond – 28FD335334 – in March 2000.
Premium Bonds savers can use NS&I’s prize checker app to check for unclaimed prizes
NS&I
Among the second highest value prize winners, who scooped £100,000 each, were several savers who had only bought their Winning Bond this year.
This includes a winner from Avon, who bought the 549SC328491 Bond this August.
NS&I will update the Premium Bonds prize checker tomorrow, on the second day of the month.
The jackpot winners should be aware they’ve won, having received a visit from NS&I’s “Agent Million”.
The odds of winning per £1 Bond number in the Premium Bonds prize draw stand at 21,000 to one.
All Premium Bonds prizes are tax-free, however, there’s no guarantee savers will earn anything on their savings.
The minimum amount a person can hold in Premium Bonds is £25.
The upper limit stands at £50,000 per person.
NS&I savers were recently warned the interest rates offered on savings products could soon drop, after NS&I surpassed its fundraising target for this tax year in the second quarter.
Laura Suter, head of personal finance at AJ Bell, said: “Savers should brace themselves for rate cuts on NS&I accounts and for the Premium Bonds prize fund to fall – as the Government-backed provider has already exceeded its fundraising target for the tax year.
The latest unaudited quarterly results showed a half-year total of £9.8billion, with the Net Financing target for the tax year standing at £7.5billion (+/- £3billion).
Ms Suter added: “It gives the provider generous wiggle-room of £3billion either side of that target, meaning it can only raise another £700million in the next six months before it breaches its extended target.
“All this technical detail has a direct impact on savers, who will see NS&I accounts become less attractive in the coming months.
“The Government-backed provider raises rates to draw more savers in – if it doesn’t need to attract any more money it will cut those rates.”
