Lucky saver wins £100k with £100 Premium Bonds holding bought in 2005
The person who holds Premium Bonds won a prize of £100,000 with an original investment of £100. The winning bond was purchased in August 2005. To find out more about the prizes, you can view all the winners of this month's Premium Bonds.
Last modified: 1 August 2024 at 1:53 PM
Each month, people who own Premium Bonds anxiously anticipate the results of NS&I's monthly prize draw to see if they have won a substantial prize.
Premium Bonds are loved by over 22 million customers and are the top choice for saving money in the country.
Although there is no guaranteed payout, many people who save money like the excitement of checking to see if they have won a large amount each month. They can potentially win without losing their initial investment, even if they only have a small amount saved.
Not all investments are dull: A person who holds Premium Bonds won a large sum of money from a £100 bond purchased in August 2005, a time when James Blunt's music was very popular.
In the August drawing, a fortunate Premium Bonds customer won a prize of £100,000 with only £100 invested.
The champion, from Kent, purchased their victorious bond in August 2005, during the time when the song 'You're Beautiful' by James Blunt was a popular hit on the music charts.
Another lucky winner, who lives in Devon, has won a prize of £100,000 with a bond that was worth only £500. This winner bought their winning bond in February 2009.
For another lucky person, the news today shows that good things happen to those who are patient.
The lucky person from Nottingham purchased their winning bond in November of 1995.
They just won a massive £100,000 award from an initial investment of only £5,000.
The top three highest prize amounts in the Premium Bonds draw are the legendary £1 million jackpot prizes - there are only two of them, the £100,000 prizes, and the £50,000 prizes.
This month, there were a total of 263 prizes worth over £100,000, including 87 prizes in the six-figure range and 176 prizes valued at £50,000.
The two lucky winners of the two £1million jackpots were from areas outside London and Devon.
The person from Outer London who won has £24,155 in Premium Bonds and bought their winning bond less than two years ago, in October 2022.
They are the twelfth person from Outer London to win a £1million jackpot.
The person who won from Devon has £30,275 in Premium Bonds and they bought the winning bond in May 2015. This is the 18th time someone from Devon has won the jackpot.
In the most recent giveaway, there are a total of 5.9 million rewards valued at £457 million that will be distributed.
Right now, the interest rate for Premium Bonds is 4.4 percent, and for every £1 you hold, you have a 21,000 to 1 chance of winning a prize each month.
Prizes in these accounts are not subject to taxes, and savers can hold up to £50,000 in them. NS&I recently announced a special interest rate for 220,000 account holders who opened accounts at 6.2% last year.
Additional winners for August 2024
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