National Savings and Investments
 


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Press release

OCTOBER’S £1 MILLION PREMIUM BONDS JACKPOT DRAW

01 October 2009

  

October’s Premium Bond millionaire

A man living in Inner London1
Bond Number: 64WG747620
Winning Bond bought in September 2002
Total holdings: £12,977   

 

October’s male winner from Inner London asked to remain anonymous, though said of his win: "I've kept my money in Premium Bonds for some years in the chance I might win some prizes, but I never actually thought I'd come away with the million pounds! It's great to have this money now and to know that I can help out and treat my family."

In October’s draw ERNIE paid out over 1.6 million prizes, together amounting to more than £50 million in value. There were 40,452,832,372 eligible Bond numbers in the draw.

NS&I recently announced that the Premium Bonds prize fund rate would increase to 1.5% from the October 2009 prize draw onwards. This has created an extra 500,000 Premium Bond prizes to be distributed this month, making the number of high value prizes (£5,000 to £100,000) paid in October nearly double the number of high value prizes awarded last month.

Prize and value breakdown in October 2009

Value of prizes

 

Number of prizes

£1,000,000

 1

£ 100,000

 4

£ 50,000

 8

£25,000

 17

£10,000

40

£5,000

 82

£1,000

 1,010

£ 500

 3,030

£100

 29,725

£50

 29,725

£25

 1,621,892

 

Total prize fund value

£50,566,050

 

Total number of prizes

1,685,534

 

Premium Bond facts

Premium Bonds are an investment where, instead of interest payments, investors have the chance to win tax-free prizes. They were officially launched by Harold Macmillan, Chancellor of the Exchequer, in his 1956 budget.

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.

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.

ENDS

Notes to Editors

1. Inner London includes the following London boroughs: Camden, City of London, City of Westminster, Hackney, Hammersmith & Fulham, Haringey, Islington, Kensington & Chelsea, Lambeth, Lewisham, Newham, Southwark, Tower Hamlets, Wandsworth 

2.  The October jackpot winner from Inner London wishes to remain anonymous.

3.  All Premium Bonds prizes are free of UK Income Tax and Capital Gains Tax.

4.  The lucky jackpot winner becomes ERNIE’s 237th Premium Bond millionaire.

5.  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.

6.  Free phone number – calls from mobiles may be chargeable. Telephone calls may be recorded.

7.  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.

8.  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.

9.  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
NS&I has a number of spokespeople available for interviews and our experienced radio team is available via our ISDN line: 020 7602 4522.

The numbers below are for media use only. Customers wishing to contact NS&I can find details here.

Gareth Headon 020 7348 9494
gareth.headon@nsandi.com
Gill Stephens 020 7348 9449
gill.stephens@nsandi.com
Iman Asante 020 7348 9301
iman.asante@nsandi.com
Monica Del-Villar 020 7348 9654
monica.del-villar@nsandi.com

ISDN for interviews

020 7602 4522

Out of hours

All numbers above diverted to staffed mobile phones
 

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