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Media centre /
Press releaseNEW MILLIONAIRE FROM INNER LONDON IN OCTOBER’S JACKPOT DRAW01 October 2009NEW MILLIONAIRE FROM INNER LONDON IN OCTOBER’S JACKPOT DRAW
Within Inner London, over 760,000 people hold Premium Bonds worth over £1.3 billion. This month’s winner breaks the drought of million pound winners who come from England’s capital. There have been 28 jackpot winners drawn in the monthly prize draw, coming from throughout the UK, in the time since a Londoner last won the jackpot prize in April 2008. October’s prize fund rate and odds 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 in the monthly draw – with over 1.6 million tax-free2 prizes awarded. The odds of each individual Bond number winning a prize have also improved to 24,000 to 1 from 36,000 to 1. The number of prizes a Premium Bond holder with the maximum amount invested (£30,000) could win each year, with average luck, has also increased to 15 from 10, with the new odds. Unclaimed Premium Bonds prizes in Inner London Overall, there are more than 600,000 unclaimed Premium Bond prizes worth over £36 million and in Inner London there are just over 48,000 unclaimed Premium Bond prizes in total worth over £2.9 million. Two Inner London residents are still due to receive £25,000 each after failing to claim their prizes in previous prize draws. NS&I have tried to trace these winners, but so far without success.
There is no time limit for claiming prizes. Premium Bonds investors can check to see if they have won by visiting www.nsandi.com nd using the Premium Bonds prize checker. 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. At the end of July 2009, over 23 million people had a total of over £40 billion invested in Premium Bonds. Since the first Premium Bonds prize draw in 1957, over 195 million tax–free prizes worth over £12 billion have been paid out. Prizes range from £25 to £1 million. Look out for further information on this big win, together with details of other tax-free2 prizes, which will be issued on the first working day of the month. Sometimes winners of the Premium Bond jackpot provide a quote, if so this will also be available on the first working day of the month. 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. All Premium Bonds prizes are free of UK Income Tax and Capital Gains Tax. 3. The lucky jackpot winner becomes ERNIE’s 237th 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.ou 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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