National Saving and Investment (NS&I) has announced the winners of October 2024’s Premium Bonds prize draw.
Two lucky individuals from Derbyshire and Gloucestershire took home the top £1million prize this month attached to the savings product.
For October’s draw, more than 5.9 million prizes are being awarded which are worth over £461million.
The first Bond number drawn this month was 535MK963637 and is held by the winner in Derbyshire.
This individual had a holding of £50,000 in Premium Bonds and purchased their winning Bond in March 2023.
They are the fifth £1million winner to hail from Derbyshire.
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Premium Bonds odds of winning have improved NS&I;Joining this winner, the second Premium Bond number drawn was 203JB525288.
The Gloucestershire winner has a holding of £29,900 in Premium Bonds and purchased their winning bond in February 2013.
Overall, they are the eighth £1million jackpot area to come from the area.
The first Premium Bonds prize draw took place in June 1957.
Since then, 719 million prizes have been drawn with a combined value of £33billion.
Andrew Westhead, NS&I Retail Director, shared: “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.
“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.
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Premium Bonds savers can check if they have won via the NS&I Premium Bonds prize checker app or website NS&I
“This shows that all eligible £1 Premium Bonds, regardless of when they were bought, have an equal chance of winning.”
Unlike traditional savings accounts, NS&I’s signature product does not have a set interest rate attached to it.
Instead, customers are enrolled in a prize draw which could see them win regular sums of money.
Among the cash prizes up for grabs include £100,000, £50,000 and £10,000.