National Savings & Investments (NS&I) has drawn this month’s Premium Bond winners, which means two lucky holders have become millionaires.
The winners were picked by NS&I’s prize generator, ERNIE. The million pound jackpot winners come from Warwickshire and Cornwall.
The winner from Warwickshire holds bond number 286CJ469715 and has £50,000 in Premium Bonds. They purchased the winning Bond in November 2016. The second winner from Cornwall holds £38,000 in Premium Bonds and drew bond number 567MN061686. The winning bond was purchased in January 2024.
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
While the winners will have had a visit from Agent Million, other lucky winners can check from tomorrow for cash prizes that range between £25 and £100,000.
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.”
Here’s a full list of prizes up for grabs in November.
November 2024 Premium Bond winners
More than six million prizes worth £463,982,050 will be paid out in the November 2024 draw, valued between £25 and £1,000,000.
Currently, the prize fund rate stands at 4.4%, but NS&I has revealed that it will cut the rate to 4.15% from the December 2024 draw. This means fewer prizes will be on offer. The chance of winning will also drop, from 21,000 to 1 for every bond to 22,000 to 1. So, it’s worth checking if you’ve bagged anything in the November draw.
| Value of prizes | 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: £463,982,050 | Total prizes: 6,025,741 |
How to check if you’re a November NS&I Premium Bond winner
If you hold Premium Bonds, you can check from tomorrow (2 November) to see if you have won any prizes this month, as well as previous draws.
To check, use the NS&I prize checker tool on its website, or the NS&I app (downloadable on iOS and Android). You will need your Premium Bond number at hand.
You can also check using Amazon Alexa if you have one, which lets you check for winnings since 1986.
Alternatively, write to: NS&I, Sunderland SR43 2SB. It’s important to include:
- Your name
- Current address
- Premium Bond number
- Any previous addresses where you might have registered bonds
- Your signature
You can also call NS&I for free on 08085 007 007. But you will only qualify for this method if you’re registered for phone or online banking with NS&I.
If you’ve been a long-term Premium Bond holder, it’s worth checking for any unclaimed prizes. According to NS&I, 2,473,761 unclaimed prizes worth £89,696,075 are sitting idle.
How will my prize be paid?
Your prizes will be paid according to your preference. For example, those who have opted for automatic payments will get their cash prizes paid into their bank account. Or you might have set your winnings to be reinvested.
NS&I says more than nine in ten prizes are paid directly into winners’ bank accounts or automatically reinvested into more Premium Bonds.
If you haven’t opted in for either, you will receive a cheque – so it’s worth checking your address is updated. You can change your payment method on the NS&I website if you wish.