How to check if you were a premium bonds prize winner in October's draw

Were you one of the winners in October's National Savings and Investments (NS&I) premium bonds draw? Once again, two lucky players won £1m each this month.

The first winning bond number drawn for the £1m jackpot was 498FZ511907 and is held by a winner based in North East Scotland. The winner has £10,150 in premium bonds and purchased their winning bond in April 2022. This marks the 30th jackpot win in Scotland.

The second winning bond number drawn was 524KB804512, held by someone based in Greater Manchester. The winner holds £34,350 in premium bonds and purchased the winning bond in January 2023. This marks the 12th millionaire in Greater Manchester.

Customers can check the premium bonds prize checker on the NS&I website or download the app to see if they have won.

Read more: What are the odds of winning a premium bonds prize?

NS&I retail director Andrew Westhead said: "As autumn arrives, two winners from North East Scotland and Greater Manchester are settling into the season a million pounds richer.

"Premium bonds offer tax-free prizes to savers with every £1 bond having an equal chance of winning in the draw, and it’s great to see our Scottish millionaire winning the jackpot with a holding of £10,150.

"Sometimes people don’t update their contact details with us, which can lead to unclaimed prizes. In Greater Manchester, there's one £100,000 prize and two £50,000 prizes still waiting to be claimed from past draws."

NS&I said that there are currently 2,646,717 unclaimed premium bond prizes worth a total £108.35m.

Unlike other investments, where investors earn interest or a regular dividend income, bonds are entered into a monthly prize draw where people can win between £25 and £1m. All premium bonds prizes are free of UK income tax and capital gains tax.

The chances of all bonds winning are the same, regardless of when or where they were bought. Even if you did not get a winning ticket this time, be sure to check for any unclaimed prizes.

Prizes do not expire, meaning you can claim as far back as the original 1957 draw. Premium bond holders can reduce the chances of their prizes going unclaimed by managing their premium bonds online or opting to have any prizes paid directly into their bank accounts by BACS, with notification by email.

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NS&I said that a total of £399.29m will be paid out in the October premium bonds prize draw through 6,049,850 tax-free prizes and that there were more than 133 billion £1 bonds eligible for this draw.

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Since the first draw in June 1957, there have been 790 million prizes, worth a total of £38bn.

The NS&I cut the premium bonds prize fund rate to 3.60% last August, down from 3.80%. There is no change to the odds, which remain at 22,000 to 1.

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