The largest ever
national savings premium bonds draw is due to take place in
June, featuring three extra jackpots in celebration of the 50th
anniversary of the first ever draw.
National Savings Investments (NSI) has announced that
five separate draws will take place in June as opposed to the usual
two, that anyone with national
savings is eligible to enter. The estimated total prize fund of
the June draw is £110 million, representing the largest prize fund
to date.
Five individual £1 million jackpot prizes will be available and
there are an estimated 1.5 million other
tax-free prizes. As such, the odds of winning any national
savings
premium bonds prize with a £1
bond will be 24,000 to one.
June marks 50 years since the first ever premium bond draw,
yet Premium Bonds continue to be one of the most unique and popular
ways of saving, remarked Sally Swait, premium bonds
manager.
The excitement combined with the peace of mind that comes
with knowing you get your
money back at anytime has made them a British
institution.
Two premium bond holders in the UK recently won a £1 million
jackpot each in Aprils double draw.