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Press release

ERNIE VISITS LINCOLNSHIRE WITH £1MILLION FOR MYSTERY WINNER

01 June 2004

MYSTERY WINNER IN LINCOLNSHIRE CELEBRATES £1MILLION PREMIUM BOND JACKPOT

Winning number 79XG010223
Date of purchaseMarch 2003
Winner's locationLincolnshire

One lucky resident from Lincolnshire is £1 million richer today after ERNIE, the Premium Bond number generator, churned through billions of Premium Bond numbers, picking this month's jackpot winning number.

The winner, whose identity is being kept a secret, was told last night in person by Agent Million, the mystery person who pays a personal visit to the winner to give them the good news.

This is Lincolnshire's fourth £1 million Premium Bond jackpot winner since the top prize was introduced in 1994, and June's winner becomes the 123rd Premium Bond millionaire overall. This month's winning jackpot number was purchased in March 2003.

The prize fund rate is currently 2.60% per annum tax free, equivalent to 3.25% p.a. gross for a basic rate tax payer and 4.33% p.a. gross for a higher rate tax payer.

From 1 September 2004 the prize fund rate will go up to 2.80% per annum tax free with odds fixed at 24,000 to 1. The change in the prize fund rate will also increase the number of monthly Premium Bond prizes from 870,000 to 1,000,000, for the first time ever.

The popularity of Premium Bonds has grown dramatically over the past five years as the amount invested has doubled to over £24 billion.

Like all National Savings and Investments (NS&I) products, Premium Bonds offer investors 100% security, backed by HM Treasury, as well as the sense of fun that comes from winning tax free prizes.

The number and value of prizes awarded in June 2004 are:

£1million1
£100,0003
£50,000 7
£25,000 12
£10,000 33
£5,000 64
£1,000 1,039
£500 3,117
£100 67,570
£50 800,725
Prize valueNumber of Prizes
£51,990,750872,571

Since the first draw in 1957, ERNIE has given away over 110 million prizes worth over £7 billion. Prizes range from £50 to £1million.

There is currently £23.6 million in unclaimed prizes. There is no time limit on claiming prizes. Premium Bond investors can check to see if they have won by logging on to www.nsandi.com and using the Premium Bond prize checker.

ENDS

Notes to Editors

1. The lucky jackpot winner becomes ERNIE's 123rd Premium Bond millionaire.

2. June's jackpot winner holds a total of £20,000 Premium Bonds.

3. Further information on National Savings and Investments (NS&I), including press releases and product information, is available on the website at www.nsandi.com. You can also contact the NS&I Media Team.

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

NS&I media team

For further details please contact:

Mark Brooks020 7348 9301mark.brooks@nsandi.com
Jonathan Akerman020 7348 9433jonathan.akerman@nsandi.com
Caroline Meyrick020 7348 9654 caroline.meyrick@nsandi.com
Wendy Franklin020 7348 9449wendy.franklin@nsandi.com
Fax020 7348 9755
Out of hoursAll above numbers go to mobile phones staffed 24 hours

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.

Gill Stephens 020 7348 9449
gill.stephens@nsandi.com
Iman Asante 020 7348 9301
iman.asante@nsandi.com
Angela Mason 020 7348 9433
angela.mason@nsandi.com

ISDN for interviews

020 7602 4522

Out of hours

All numbers above diverted to staffed mobile phones
 

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