Premium Bond winners for October have been announced with the £1 million jackpots going to Derbyshire and Gloucestershire.
National Savings and Investment (NS&I) released details this morning along with details of the value of the held by the holders of the winning bonds
The first winner from Derbyshire had the bond number 535MK963637 and held some £40,000 in .
The second Premium Bond winner to claim the life-changing windfall of £1 million is from Gloucestershire with bond number 203JB525288. The winner was holding £25,000 in .
Every month only two winners take home £1 million but plenty of other prizes are available, with 71 people winning the second prize of £100,000 and 141 claiming £50,000.
The £100,000 winners included someone from Oxfordshire who held just £25 in . Another from outer London held a relatively modest holding of £500.
are the UK’s biggest savings product, with more than 24 million people saving over £122 billion in them, according to Money Saving Expert.
You can check the October big winners via the NS&I website .
October Premium Bond Wins
£1million – 2
£100,000 – 71
£50,000 – 141
£25,000 – 284
£10,000 – 590
£5,000 – 1,177
£1,000 – 12,573
£500 – 37,719
£100 – 1,280,509
£50 – 1,280,509
£25 – 2,376,161
National Savings and Investment (NS&I) released details this morning (Image: Getty)
Prize draws are conducted every month and see prizes up to £1,000,000 given away. To find out if you have ever won a prize, you will need to dig out your holder’s information and head over to the prize checker.
You can also use your NS&I number which you should be able to find on any communication about your bonds.
The lucky numbers from £1,000 up to £1million are published on the first working day of the month. That means if the first is a Saturday, Sunday or Bank Holiday you have to wait up to three days to learn of any good news.
are a tax-free Government-backed savings scheme that allows savers to pit up to 50,000 bonds against a digital random prize picker called Ernie – Electronic Random Number Indicator Equipment.
Each bond costs £1 and entitles the owner one entry in the draw. The maximum holding is £50,000. Prizes range from £25 up to £1million.
The amount of the total fund paid out in prizes, is 4.4 per cent after slipping back from a 24 year high of 4.65 per cent. The odds of winning a prize are 21,000 to 1.
Since the first prize draw in June 1957 around 719 million prizes have been drawn with a combined value of £33 billion – with £3 billion since April this year.
Andrew Westhead, NS&I Retail Director, said: “Congratulations to our newest millionaires from Derbyshire and Gloucestershire. I’m sure these wins will help to bring some autumnal cheer to our lucky Bond holders.
“But it’s not just about our jackpot winners though – this month saw one £100,000 prize go to a holder with just £275 invested, and another to a winner who bought their winning bond 47 years ago back in July 1977. This shows that all eligible £1 , regardless of when they were bought, have an equal chance of winning.”
In the October 2024 prize draw, a total of 5,991,306 prizes worth £461,330,525 will be paid out. There were 125,817,411,486 Bond numbers eligible for the draw. Since the first draw in June 1957, ERNIE has drawn 719 million prizes with a total value of £33 billion.
Unclaimed prizes
prize winners are notified when a prize is won, but sometimes people move or change their contact details without letting NS&I know. This can lead to unclaimed prizes if the Bond holder has opted to receive prizes by cheque rather than paid directly into a bank account.
In Derbyshire, there are currently 24,356 unclaimed prizes worth £861,350. The largest unclaimed prize in Derbyshire is worth £25,000 from the March 2016 draw.
While in Gloucestershire, 22,595 prizes with a total value of £768,875 are waiting to be claimed. The largest unclaimed prize is £5,000 and this was from the April 2019 prize draw.
More than nine in ten prizes are now paid directly into winners’ bank accounts or automatically reinvested into more . This way is quicker and more secure than waiting for a cheque. Customers can find out how to change prize delivery options here –
People can check for unclaimed prizes easily by using NS&I’s online prize checker or the prize checker app using their holder’s number.
There are currently 2,459,320 unclaimed prizes worth £88,403,850 waiting to be claimed by holders of .