Almost 900,000 premium bond prizes worth more than \u00a343m have been left unclaimed, according to National Savings and Investments (NS&I).<\/p>\n
Prizes fall through the gap<\/strong> The two six-figure sums were both won by women, one in London and one in the Greater Manchester area. It also includes a man from Yorkshire who won \u00a325 back in 1957. How does it work?<\/strong> Currently, there is one monthly \u00a31 million prize, five \u00a3100,000 prizes and more than 1.75 million Although the likelihood of winning the top \u00a31m prize is one in 441.65 million if you only hold \u00a3100 worth of premium bonds, you still have a 1 in 240 chance of winning any prize.<\/p>\n How do I know if I’ve won?<\/strong> If you haven’t checked your premium bonds in a while, today may be your lucky day Almost 900,000 premium bond prizes worth more than \u00a343m have been left unclaimed, according to National Savings and Investments (NS&I).<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"_links":{"self":[{"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/posts\/397"}],"collection":[{"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/comments?post=397"}],"version-history":[{"count":0,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/posts\/397\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/media?parent=397"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/categories?post=397"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.vizionwealth.co.uk\/news\/wp-json\/wp\/v2\/tags?post=397"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nNS&I say they are currently endeavouring to locate winners, two of which are worth
\n\u00a3100,000 and a prize of \u00a325 dating back to 1957. There are several other prizes ranging from
\n\u00a325 to \u00a3100 dating back to 1960.<\/p>\n
\nIt seems that these prizes fall through the gap when people either forget about bonds or move house without notifying NS&I. The good news is there’s no time limit for claiming your bonds.<\/p>\n
\nPremium bonds are run by NS&I and backed by the Government. They don’t earn interest as other savings products do. Investors forgo interest to have the chance to win tax-free cash. The monthly prize pot is generated from interest paid on the total amount invested in premium bonds. This is divided up among winners who are selected randomly by a machine nicknamed Ernie (Electronic Random Number Indicator Equipment). The scheme was set up in 1956 and the top prize then was \u00a31,000.<\/p>\n
\n\u00a325 prizes. And you don’t need to have thousands of pounds of bonds to win a decent sum: the missing \u00a3100,000 winner from London invested just \u00a325.<\/p>\n
\nYou can reduce the chances of a prize being unclaimed by managing your bonds online or opting to have any winnings paid directly into your bank account with a notification email – not a bad start to the day.<\/p>\n","protected":false},"excerpt":{"rendered":"