Yahoo News Cornwall Premium Bonds holder scoops whopping £1m jackpot win
A Premiums Bond holder from Cornwall has scooped the £1m jackpot prize. They were one of two people to become millionaires in this month's draw. The November draw had a total prize fund of over £463m, consisting of over 6 million total prizes distributed across the nation.
The Cornwall winner holds £38,000 in Premium Bonds and purchased the winning Bond in January 2024. They are the fifth Premium Bonds jackpot millionaire from Cornwall.
Additionally, National Savings and Investments (NS&I) revealed that there are still 20,530 prizes with a total value of £724,075 which are waiting to be claimed in Cornwall. The largest unclaimed prize in the county is £25,000, from the September 2019 prize draw.
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Meanwhile, the other winner of £1m, from Warwickshire, holds £50,000 in Premium Bonds and purchased their winning Bond in November 2016. They become the ninth jackpot winner from Warwickshire.
Dax Harkins, NS&I Chief Executive, said: “As we celebrate 68 years since Premium Bonds originally went on sale, it's great to see how the product has evolved into a beloved part of British culture, with over 22 million people saving with them.
“This month, we're delighted to welcome two new millionaires from Warwickshire and Cornwall. With millions of prizes drawn monthly, Premium Bonds remain a popular way to save while continuing to offer the thrill of potential tax-free wins. Remember, the best way to check if you’ve won this month is by using our app, website, or Alexa.”
The savings product was launched on November 1, 1956. On its first day alone, Brits snapped up £5 million worth of Bonds and it has since become one of the nation’s favourite savings products, with £33.7 billion paid out in prizes so far.
Here is a breakdown of the prizes won in the November draw:
Value of prize | Number of prizes |
£1,000,000 | 2 |
£100,000 | 89 |
£50,000 | 177 |
£25,000 | 356 |
£10,000 | 887 |
£5,000 | 1,776 |
£1,000 | 18,558 |
£500 | 55,674 |
£100 | 2,224,815 |
£50 | 2,224,815 |
£25 | 1,498,592 |
Total value of prizes | Total number of prizes |
£463,982,050 | 6,025,741 |
Unclaimed prizes in Cornwall
National Savings & Investments (NS&I) said that 20,530 prizes with a total value of £724,075 are waiting to be claimed in Cornwall. The largest unclaimed prize is £25,000 and this was from the September 2019 prize draw.
Premium Bonds 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.
NS&I said: "More than nine in ten prizes are now paid directly into winners’ bank accounts or automatically reinvested into more Premium Bonds. This way is quicker and more secure than waiting for a cheque. Customers can find out how to change how they receive their prizes here.
"People can check for unclaimed Premium Bonds prizes easily by using NS&I’s online prize checker or the prize checker app using their holder’s number. There are currently 2,473,761 unclaimed prizes worth £89,696,075 waiting to be claimed by holders of Premium Bonds."
