Published On: Thu, Aug 29th, 2019

Premium Bonds: NS&I reveal August’s UK millionaires – could you have scooped maximum? | Personal Finance | Finance

Premium Bonds are popular with many, with the National Savings and Investments agency (NS&I) revealing they have 25 million customers. Backed by HM Treasury, some people may be inclined to invest their money in this kind of financial product. And, while the odds of winning for each £1 Bond number stands at 24,500 to 1, it seems that two savers have hit the jackpot this month. The “winning numbers” for Premium Bonds in August has been revealed.

And, while it’s possible to check individual numbers on the website, the NS&I have provided some insight into who this month’s lucky savers are.

First up is a person who is female, from Cheshire West and Chester.

Now a millionaire, she had £30,000 invested, the NS&I said.

Purchased in January 2006, the winning bond was 105VW884980, and the bond value stands at £5,000.

The other winner is male, from Hertfordshire.

The NS&I explain that this winner has currently got £19,900 invested in the scheme.

Their winning bond was 287NJ414708, and the bond value stands at £5,000.

It was purchased in November 2016.

The Premium Bonds prize fund in August was more than £95 million.

And, with the total number of prizes exceeding 3.3 million, it seems there was more chances to be selected for the extra funds.

This month, there were an estimated six prizes to the value of £100,000.

The NS&I publish the monthly list of high value Premium Bonds prize winners, providing general details about the area in which they come from.

However, in order to keep them anonymous, the agency will only list an area when there are at least 100,000 Premium Bonds holders living there.

Should they be from a town with less than 100,000 holders assigned to it, the NS&I find a level where that area has at least 100,000 Premium Bond holders.

This is determined in four levels, with the first being the Royal Mail Postcode Address File (PAF) Town.

Level 2 is County or Local Authority, while Level 3 is Government Standard Region, and Level 4 is Country.

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