Two New Millionaires Created from NS&I Premium Bonds in February Draw!

Two New Millionaires Created from NS&I Premium Bonds in February Draw!

The National Savings and Investments (NS&I) recently announced the results of its February Premium Bond prize draw, revealing an impressive total of over £400 million paid out in prizes. This month, two lucky individuals have become millionaires, marking a thrilling turn for those who invest in Premium Bonds.

Celebrating New Millionaires

Among the highlights of February's draw are the two life-changing £1 million prizes won by holders of Premium Bonds. One of the winners, from Liverpool, secured their life-altering fortune through bond number 040QJ919368, having invested the maximum amount of £50,000 since October 2004. Notably, this marks Liverpool's fourth £1 million jackpot win.

The other fortunate winner hails from Central Bedfordshire, also holding £50,000 in Premium Bonds. These prizes not only transform the winners' lives but also infuse excitement and hope across communities.

Impressive Number of Prizes Awarded

In February, the NS&I paid out a staggering total of £408,082,375 across 6,183,066 prizes. This includes 78 prizes of £100,000, 154 prizes of £50,000, and 311 £25,000 prizes, showcasing the broad distribution of wealth created by the scheme. Retail Director Andrew Westhead expressed his congratulations to the winners and emphasized how ERNIE, the random number generator, "spread the love" just ahead of Valentine's Day, offering joy to both winners and their families.

A Growing Legacy

Since the inception of the Premium Bonds in 1957, the total amounts awarded to bondholders have reached a staggering £40 billion. With over 6.1 million prizes awarded, this draws attention to the substantial opportunities available for savers who partake in this unique savings approach.

For those interested in participating, Premium Bonds can be purchased with as little as £1. Those with bonds are encouraged to check the prize draws regularly, especially given that there are over 2.7 million unclaimed prizes worth nearly £115 million awaiting collection.

This month’s draw underlines not just the exhilarating potential of Premium Bonds but also the sheer luck that can accompany saving. As more individuals become aware of this alternative savings method, the possibility for more life-changing wins continues to grow.