Both new Premium Bonds winners became millionaires for the month, originating from Devon and Wales. The Devon winner, the first to be drawn, held £1,001 in Premium Bonds, making her a Premium Bonds millionaire with one of the smallest ever holdings to win.
Her first Bond number was 404KX510146.
Comparatively, of the prior 426 winning millionaires, only 12 others have won the jackpot with a holding less than the Devon winner.
Purchased in July 2020, the woman was only the twelfth successful draw that was eligible to do so.
With the Bond number 202ZQ082477, the second jackpot winner has £10,051 in Premium Bonds and the winning Bond was an automatically reinvested prize from a previous Premium Bonds prize win in March 2013.
However, what are your own personal chances of winning big on Premium Bonds in the future?
Currently, the annual Premium Bonds prize fund rate is one percent and the odds of each individual bond number winning any prize are currently 34,500 to one.
For this month’s prize draw, a sum total of 3,231,548 prizes, which are worth £92,906,925, have been paid out to lucky winners.
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Around 111,488,327,613 bond numbers are currently eligible for the draw.
In August so far, five winners have acquired winnings of £100,000, while 11 others have scored a £50,000 jackpot.
Since the first ever draw in 1957, around 532 million prizes with a total value of £22billion have been drawn.
Jill Waters, the NS&I’s Retail Director, emphasised how these latest winnings are evidence of how the Premium Bonds game puts every investor on an equal footing.
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Mr Waters said: “We’re absolutely delighted for our two winners in Devon and Wales.
“The winner from Devon shows that, no matter how much you hold in Premium Bonds, you’re always in with a shot at winning the £1million jackpot.
“Each and every £1 Bond has an equal opportunity, which is what the magic of Premium Bonds is all about.
“Our winner from Wales scooped the jackpot with a Bond that was reinvested from a prize win in March 2013.
Individuals can continue buying bonds until they reach the maximum holding level of £50,000.
For every £1 invested, investors will receive a unique bonds number. Therefore, if someone saves £100, they will get 100 bond numbers and will be more likely to hit the jackpot.
Any Premium Bonds can be purchased on behalf of children, grandchildren or great-grandchildren.
However, anyone who decides to invest must be aged at least 16 to purchase Premium Bonds if they are buying for themselves.
Potential winners can check how their bonds are doing on the nsandi.com prize checker using their Premium Bonds number.
Around nine in 10 prizes are paid directly into winners’ bank accounts or reinvested into more Premium Bonds.
It is considered that having bonds paid directly into someone’s account is a far safer means on transaction than through a cheque.
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