NSandI Premium Bonds: August winners, how to enter and how did Bristol do?

It’s been a fantastic start to August for lucky investors with National Savings and Investments, including a cool £50,000 for a Bristol resident.

Through their Premium Bond scheme, NS&I have confirmed that two jackpots of £1 million have been won by British investors from Dorset and Buckinghamshire.

The Dorset winner, 469BR534389, had £45,000 in Premium Bonds while the second winner, 155HJ070561, held £22,875 in bonds.

One of the winners bought their bond as recently as August 2021.

Were there any winners in Bristol?

Though perhaps not as large as the £1 million jackpots, every little helps while we experience the cost of living crisis.

A bond holder from Bristol has won £50,000 having held £5,000 in premium bonds bought in July 2022.

The next highest winner in the August 2022 draw was £25,000 for another Bristol resident.

A full list of August 2022 winners from around the area are as follows - are you one of the lucky ones this month?

(Bond numbers in bold)

• 486VW229712 (£50,000)
• 462ZB211205 (£25,000)
• 257HE456021 (£10,00)
• 107LW777003 (£10,00)
• 365QJ186709 (£5,000)
• 443EF942614 (£1,000)
• 416GR478713 (£1,000)
• 403EJ151517 (£1,000)
• 338KL286063 (£1,000)
• 310MP822981 (£1,000)
• 73EK744858 (£1,000)
• 51BL413621 (£1,000)
• 489TZ788846 (£1,000)
• 489AJ596494 (£1,000)
• 481MK537904 (£1,000)
• 477TE612906 (£1,000)
• 475JH399991 (£1,000)
• 462ZQ047864 (£1,000)
• 431SF120189 (£1,000)
• 409EK860486 (£1,000)
• 392CN133559 (£1,000)
• 364YW840713 (£1,000)
• 362VZ945026 (£1,000)
• 258AJ484426 (£1,000)
• 233XA925131 (£1,000)

To check if you’ve won anything, you can visit the NS&I Premium Bonds prize checker.

What are Premium Bonds?

Premium Bonds are an investment product issued by National Savings and Investment (NS&I). Unlike other investments, where you earn interest or a regular dividend income, you are entered into a monthly prize draw where you can win between £25 and £1 million tax free.

A minimum of £25 is required to buy Premium Bonds and you must be aged at least 16 to purchase them, however you can buy them on behalf of your child, grandchild or great-grandchild as an investment in their future.

The maximum level of holding for Premium Bonds is £50,000.

Premium Bonds though are not recommended as a means of regular income, guarantee returns or if you have concerns over the impact of inflation on your savings.

You can read all the terms and conditions regarding Premium Bonds over at the National Savings and Investment website.

How does the Premium Bonds prize draw work?

A unique bond number is issued for every £1 invested, so a £100 investment in premium bonds would equate to 100 bond numbers, each with a chance to win after being held for a full month.

Every month Bond holders, whose numbers are generated at random by NS&I’s random-number generator, ERNIE, can win prizes from £25 to £1 million and are all tax-free.

How do I check if I’ve won?

You don’t have to do anything else aside from check if your issued bond number is a winner by checking over at the National Savings and Investment website.

Have there been any millionaires from Bristol since the prize draw started?

There were two winners of the £1 million jackpot from Bristol as early as 2021. They became the twelfth and thirteenth millionaire winners to come from the area.

The first number drawn by ERNIE was 332GB855665, belonging to the winner who holds a total of £38,000 in Premium Bonds. The winning Bond was purchased in June 2018.

209DZ100774 was the second Bond number drawn. The winning Bond was purchased in July 2013 and the winner holds a total of £25,004 in Premium Bonds.

These wins came on the 65th anniversary of Premium Bonds being created.

“2021 has been a lucky year for Premium Bonds holders in Bristol,” Retail Director for NS&I Jill Waters spoke at the time, “with the fourth jackpot win recorded in the area so far this year.”

“There’s no better way to celebrate the 65th anniversary of Premium Bonds than by changing two peoples’ lives by making them millionaires – and we hope to make many more through one of the nation’s favourite savings products in the coming years.”

It looks like Bristol might be the Premium Bond hotspot when it comes to the prize draw making millionaires.