Two lucky National Savings & Investments (NS&I) Premium Bond winners, from Norwich and Hampshire and the Isle of Wight, have become millionaires after winning the £1m jackpot.
The winner from Norwich drew 501CJ068508 and holds £30,000 in Premium Bonds. They purchased their first bond in May 2022, and this is the fourth winner in Norwich.
The Hampshire and the Isle of Wight winner purchased their winning Bond in July 2016 and drew Bond number 277QT743538. The winner has £30,244 in Premium Bonds.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
September saw another increase in the prize fund from 4% to 4.65%. Plus, more bondholders can expect to be winners as the odds of winning have improved from 22,000 to 1 to 21,000 to 1, adding more than £65m to the prize fund.
With prizes ranging from £25 to £1m, check how much you have won in the September Premium Bonds draw.
September 2023 NS&I Premium Bond Winners
| Value of prize | Number of prizes |
|---|---|
| £1,000,000 | 2 |
| £100,000 | 90 |
| £50,000 | 180 |
| £25,000 | 361 |
| £10,000 | 902 |
| £5,000 | 1,802 |
| £1,000 | 18,822 |
| £500 | 56,466 |
| £100 | 2,338,498 |
| £50 | 2,338,498 |
| £25 | 1,026,981 |
| Total- £470,559,225 | Total- 5,782,602 |
How to check if you are a September Premium Bond Winner
To check if you are a premium Bond prize winner, you can either download the official prize checker app on Android or iOS, or use the prize checker on nsandi.com. Keep your Premium Bond Holder number and NS&I number at hand.
You can also set up your Alexa device to check if you’ve won. The device can tell you what you’ve won, how much, and information about upcoming draws. The good thing is it also tells you any prizes you have left to claim since July 1968.
To do this, go onto your Alexa app and activate the NS&I Premium Bonds prize checker skill. Enter your NS&I number, and you’re all set.
How will my NS&I prize be paid?
According to NS&I, the majority of the time prizes are paid automatically into your bank account or reinvested into premium bonds. If you’re not already set up for automatic payments, you can do so on the NS&I website.
Is now a good time to buy premium bonds?
NS&I hiked the prize fund on premium bonds from 4% in August to 4.65% in September - the highest level since 1999.
Plus, the odds of winning have improved from 22,000 to 21,0000 to 1 - adding more than £65m to September’s prize fund.
NS&I has been steadily raising its rates over the past year. The prize rate on the July draw was 3.7%, up from 3.3% previously, and the August prize fund rate jumped from 3.7% to 4%.
-
Kids’ average pocket money income dwarfed by side hustle pay rises, NatWest Rooster Money report findsNews The app found side hustles, such as chores and paper rounds, have been generating significantly more income for kids than average pocket money payments.
-
Could inflation dip below the Bank of England’s 2% target this week?The consultancy Capital Economics is forecasting that inflation will drop to 1.9% when April’s figures are released on Wednesday, the lowest level in three years. We look at what it could mean for interest rates.
-
Revealed: Over two million NS&I Premium Bond prizes sit unclaimedThere are more than two million unclaimed Premium Bond prizes worth more than £84 million. Could some of this money be yours? Here's how to find out.
-
One-year fixed savings drop below 6% - have they reached their peak?The best one-year fixed-rate savings deals have fallen below the 6% mark. Find out if saving rates have reached their peak and the current top rates on the market.
-
NS&I cuts interest rate on Green Savings Bonds - where can you get a better deal?News The state-backed bank has slashed the interest rate on its Green Savings Bonds from 5.7% to 3.95%
-
November NS&I Premium Bonds winners - check now to see what you wonIf you have money saved in NS&I Premium Bonds you can now check to see whether you have won a prize in the November prize draw. Here’s how to check your Premium Bonds.
-
November NS&I Premium Bond winners revealed - have you won the £1m jackpot?Two NS&I Premium Bond winners have become millionaires in the November draw - find out if you’re one of the lucky winners
-
October NS&I Premium Bond winners - have you claimed your prize yet?October NS&I Premium Bond winners were announced earlier this month - but have you claimed your prize yet? Here’s how to check you have not missed out
-
Act fast: HSBC to pull its 5.7% one-year bondSavers have until Wednesday to apply for HSBC’s one-year fixed-rate bond. The withdrawal of the account follows NS&I’s decision to pull its market-leading one-year bonds earlier this month. We explain why you need to act fast to secure the best rates.
-
NS&I withdraws market-leading 6.2% one year fixed bond - what are the alternatives?National Savings & Investments (NS&I) has now dropped its one year fixed bond paying a table topping 6.2% interest rate a month after launch. Here’s where to find the next best alternative for one year fixed savings
