According to NS&I, the first Bond number drawn was 516FV135553 and is held by a winner based in Outer London. The winner has a holding of £24,155 in Premium Bonds and purchased their winning Bond less than two years ago, in October 2022. They become the twelfth £1 million jackpot winner from Outer London.
The second Bond number to be drawn for the £1 million prize this month was 245FP902498 and the Bond holder lives in Devon. The winner holds £30,275 in Premium Bonds and purchased the winning Bond in May 2015. They are the eighteenth Premium Bonds jackpot millionaire from Devon.
Andrew Westhead, NS&I Retail Director, said: “Congratulations to our two new millionaires from Outer London and Devon – what a great way to start the summer holidays.
“It’s not just about our jackpot winners though, as we’re paying out over £457 million in prizes this month. One winner from Kent scooped £100,000 with only a £100 holding in Premium Bonds. Another £100,000 winner bought their winning bond nearly 30 years ago in 1995 – I hope it was worth the wait!
“The best way to receive prizes hassle-free is to have them paid direct to your bank account, or automatically reinvested into more Premium Bonds.”
Checking Prizes
Premium Bonds holders can easily check if they’ve won a prize in the August draw from Friday 2 August, by checking the NS&I website, the prize checker app, or simply asking Alexa
To check on the NS&I website, customers will need their Premium Bonds holder’s number. If they use the prize checker app, they’ll need their NS&I or holder’s number. People can also check for any unclaimed prizes owed to them.
August 2024 Prize Draw Breakdown
A total of 5,935,875 prizes worth £457,062,375 will be paid out in the August 2024 prize draw. There were 124,653,374,131 Bond numbers eligible for the draw.
Unclaimed Prizes
Premium Bonds prize winners receive notifications of their winnings if they have registered their contact details. However, there are instances where customers relocate or forget to update their contact details with NS&I. This can lead to unclaimed prizes, especially for those who opt to receive their prizes via cheque rather than bank transfer. Original paper Bonds can be registered online or by calling the helpline on 08085 007 007.
In Outer London, there are 235,985 prizes worth £8,244,450 that are yet to be claimed. In Devon, there are 40,729 unclaimed prizes worth £1,365,875.
Customers can choose to have their prizes paid directly to their bank account or reinvested into more Premium Bonds. 9 in 10 prizes are already paid in this way and it’s quicker and more secure than waiting for a cheque.
Customers can find instructions on how to change their prize payment preferences here. Customers who may have an unclaimed prize can easily check using NS&I’s online prize checker or the prize checker app.
Unclaimed Prize Statistics
Currently there are 2,433,843 unclaimed prizes worth £86,076,800 waiting to be claimed.
How to Check if You Have Won
To check if you have won a prize, you can either check the NS&I website, use the prize checker app, or ask Alexa. You will need your Premium Bond holder's number to do this.
If you have won a prize, you will receive a notification from NS&I via email or text message. You can then choose to have the prize paid directly into your bank account or reinvested into more Premium Bonds.
How to Check for Unclaimed Prizes
You can also check for any unclaimed prizes that you may be owed. To do this, you can use the NS&I prize checker or contact NS&I directly.
NS&I's prize checker can be accessed on their website or through their app.
You can also contact NS&I by phone or mail.
To contact NS&I by phone, call 08085 007 007. You will need to be registered for phone or online banking with NS&I to use this method.
To contact NS&I by mail, write to: NS&I, Sunderland SR43 2SB. Be sure to include your Premium Bond holder's number and your current address.
Prize Payment Options
There are three ways that you can receive your Premium Bond prizes:
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Direct to your bank account: This is the quickest and most secure way to receive your prize. You will need to ensure that NS&I has your up-to-date bank details.
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Reinvest into more Premium Bonds: This means that your prize will be automatically reinvested into more Premium Bonds, increasing your chances of winning in the future.
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Cheque: If you have not opted for either direct payment or reinvestment, you will receive a cheque in the mail. It is important to ensure that NS&I has your correct address on record.
Choosing the Best Option for You
The best prize payment option for you will depend on your individual circumstances. If you want to receive your prize quickly and securely, direct payment is the best option. If you want to increase your chances of winning in the future, reinvestment is the way to go. And if you prefer to receive your prize by cheque, make sure that NS&I has your correct address on record.
The Bottom Line
Premium Bonds are a popular way to save, offering the chance to win a tax-free prize. While the odds of winning a big prize are slim, the potential to become a millionaire makes them an attractive option for many savers. Make sure to check your prize payments options and update your contact details with NS&I to ensure that you don't miss out on any potential winnings.
