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Media centre /
Press releaseNEW MILLIONAIRE FROM WALES IN AUGUST’S JACKPOT DRAW03 August 2009
In Wales, over 1.1 million people hold Premium Bonds worth over £1.7 billion. There are over 21,000 unclaimed Premium Bond prizes in total worth over £1.2 million. This is the 12th time that the £1 million jackpot has been won by a person living in Wales. In March, NS&I announced that from the April prize draw onwards, one of the two monthly £1 million Premium Bond jackpot prizes would be replaced by a wider mix of other prizes in the monthly draws. Similarly, a new £25 Premium Bonds prize has been introduced to the draws alongside the existing prizes (ranging from £50 to £1 million). These changes have been introduced because Premium Bond holders say that maintaining the chances of winning tax-free prizes on a regular basis is particularly important to them. In August’s draw ERNIE paid out over 1.1 million prizes, together amounting to more than £33 million in value. There were 40,575,695,438 eligible Bond numbers in the draw. Prize and value breakdown in July 2009
The current Premium Bonds prize fund rate is 1.0% tax-free2. The current odds of each £1 Bond number winning any prize are 36,000 to 1, so with average luck, an investor with £30,000 in Premium Bonds could win 10 tax-free prizes a year. At the end of June 2009, over 23 million people had a total of over £40 billion invested in Premium Bonds. Premium Bonds can be bought online at www.nsandi.com, by telephone on 0500 500 000 (see note 5), by post and over the counter at Post Office® branches, and brochures can be picked up in WHSmith in 400 of its High Street stores and 155 of its travel stores. Like all NS&I products, Premium Bonds offer investors 100% capital security, backed by HM Treasury, as well as the sense of fun that comes from potentially winning tax-free prizes. Since the first Premium Bonds prize draw in 1957, over 191 million tax–free prizes worth over £12 billion have been paid out. Prizes range from £25 to £1 million. There are currently over 605,000 unclaimed Premium Bond prizes, worth over £35 million. There is no time limit for claiming prizes. Premium Bonds investors can check to see if they have won by visiting www.nsandi.com and using the Premium Bonds prize checker. ENDS Notes to Editors 1. The August jackpot winner from Wales wishes to remain anonymous. 2. All Premium Bonds prizes are free of UK Income Tax and Capital Gains Tax. 3. The lucky jackpot winner becomes ERNIE’s 235th Premium Bond millionaire. 4. Pictures of ERNIE (including the new ERNIE 4 machine), Agent Million and people buying Premium Bonds are available in high-resolution jpeg format from the NS&I media team. 5. Free phone number – calls from mobiles may be chargeable. Telephone calls may be recorded. 6. Further information on NS&I (National Savings and Investments), including press releases and product information, is available on the website at www.nsandi.com. You can also contact the NS&I media team. 7. Subscribe to the NS&I RSS newsfeed. Simply copy and paste this link www.nsandi.com/mediacentre.xml into your RSS reader to receive regular news alerts from NS&I. 8. NS&I has a number of spokespeople available for interviews and our experienced media team is available via our ISDN line: 020 7602 4522.
Media team The numbers below are for media use only. Customers wishing to contact NS&I can find details here.
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