Two lucky Britons have won NS&I’s £1million jackpot prize draw while many others have picked up top cash prizes worth thousands of pounds.
The NS&I monthly Premium Bonds prize winners for April have been informed that they are much better off financially this month.
April’s first millionaire is from Hereford and Worcester and has the winning bond number 117XT770430, with £50,000 invested into the savings prize draw.
Their winning bond is valued at £5,000 and was purchased in October 2006.
Today’s second millionaire comes from West Sussex and owns the winning bond number 112WT615892.
READ MORE: TV licence and prescriptions won’t rise in April – how to pay less
Premium Bonds have been popular since the 1950s because savers are automatically entered into a monthly prize draw.
Rather than earning interest or a regular dividend income, people are enticed by the chance of winning prizes of £25 and £1 million in tax free cash.
Purchased bonds are allocated a special number for every £1 invested and winning bonds are chosen by ERNIE, NS&I’s Electronic Random Number Indicator Equipment.
NS&I is also a Government-backed savings institution which offers peace of mind to savers, with their money 100 percent guaranteed by the Treasury.
Meanwhile, it is estimated £74million is sitting in unclaimed prize winnings dating back to when Premium Bonds were first launched decades ago.
People could be owed any amount of money from £25 up to £100,000.
Anyone who has bought Premium Bonds since they were first launched in the 1950s is being urged to check old bond numbers.
Although winners are usually notified when they’ve won, this isn’t always possible if someone moves.
If someone has won in the past but not yet claimed they could be owed a fortune.
Unclaimed money is kept indefinitely so it won’t be lost.
The easiest way to check is on the NS&I website.
People can also ask Alexa or download the app.
