August 2017 Premium Bonds winning numbers – have you won £1 million cash prize?
TWO lucky ladies have had the perfect start to their summer holidays after they scooped £1 million on August’s Premium Bonds.
Could you be one of the randomly selected savers winning big in future? Here’s everything you need to know about the draw.
Have I won money in August’s Premium Bonds draw?
The women who won, from Bristol and Leicestershire, became the 367th and 368th winners of the £1 million jackpot since it was launched in 1994.
Bristol and Leicestershire have been the home of eight and four winning millionaires in the past.
The Bristol-based woman’s winning bond number is 164QV715020, while the Leicestershire female’s one is 87DH369559.
Jill Waters, Retail Director at NS&I, said: “What fantastic news for the two women who have won the jackpot this month.
“Although the Leicestershire winner’s bonds might not be considered old given that they were bought in 2000, she has actually held them for nearly a third of the time that Premium Bonds have been on sale, showing that every individual bond has the same chance of winning in the monthly draw as any other.”
The prizes included…
Three lucky savers who won £100,000
Five people who won £50,000
1,339 people who won £1,000
21,735 people who won £100
2.27m people who won £25
Could I be owed money in Premium Bonds?
Brits are currently owed £56m in £1.3 million unclaimed Premium Bonds.
In Bristol, there are 15,611 prizes worth £601,200 still to be paid out.
In Leicestershire, £574,400 is waiting to be claimed from 15,381 prizes
There are six prizes worth £1,000, while the oldest also dates back to August 1964 – a £25 win for the lucky Bond holder.
If you think you may have unclaimed Premium Bonds, these are the winners from last month’s draw.
How do Premium Bonds work?
Premium Bonds are a savings account you can put money into (and take out when you want), where the interest paid is decided by a monthly prize draw.
You buy £1 bonds and each has an equal chance of winning, so the more you buy, the more your chances improve.
Minimum purchase amount: £100 (or £50 for monthly standing orders).
Maximum amount you can hold: £50,000.
Age limit: Over 16 to buy them; under that age they may be held in the name of under-16s by parents or guardians. Grandparents or great-grandparents can buy then nominate the child’s parent or guardian to hold them.
The winners are picked by a random number generating computer called Ernie (Electronic Random Number Indicator Equipment).
Will I be a winner and where can I buy Premium Bonds?
A good way to find out if you will win is to use the the unique Premium Bond Probability Calculator (courtesy of Money Saving Expert).
It proves that at every value someone with typical luck will earn less than the quoted prize rate.
NS&I lists the chance of one bond winning a prize in a month (one in 30,000) on its website.
You can apply to buy premium bonds at your local post office or over the phone, online or by post.
Once you own some you can buy more via direct debit on the National Savings and Investments website.
Where does the prize money come from?
The prize money is not funded by the sale of new bonds.
Instead, the money represents the amount that would be paid in interest if premium bonds were regular government bonds.
The prize fund interest rate, prize values and odds of winning are all subject to change.
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