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Press release

DUMFRIES TOPS PREMIUM BOND LEAGUE

26 February 2003

…but Scotland fares less well with 4 out of 10 of the unluckiest towns in the UK (1).

Luckiest Town

Dumfries is Britain's luckiest town, with the highest value of Premium Bond prize winnings in the last two years, in proportion to the number of bonds held.

Since January 2000, Premium Bond holders in Dumfries have scooped over £1,110,000 in large prizes (ie prizes of £5,000 and over (2)), including a millionaire winner.

People from Dumfries have been buying Premium Bonds at Britain's oldest working Post Office™ branch at Sanq'uhar (opened in 1763) and Britain's highest Post Office™ branch at Wanlockhead! Its residents are savvy savers with NS&I, and turn to Premium Bonds as a safe haven for their money.

The lucky Scottish town, with a population of 31,600, has a history of financial nous, as it is also the home of the World's first Savings Bank, founded in 1810 (the bank is now a museum) (3).

Luckiest Capital

London is the luckiest of the UK capitals, with residents awarded £6,970,000. Next are Belfast and Cardiff, followed lastly by Edinburgh.

However, even residents there have scooped prizes worth £370,000 including 19 prizes worth £5000 and 15 worth £10,000.

Luckiest County

Yorkshire is the luckiest county with the highest number of lucky postal areas and two millionaires in the last two years (Huddersfield and Harrogate ranking 2nd and 3rd luckiest towns overall, respectively).

However, Merseyside is the luckiest county in terms of the actual amount of prize money won — Liverpool has had biggest payout of high value prizes (£2,460,000), and the most millionaire winners (two) over last two years and is ranked 5th luckiest town in Britain (adjusted for its larger bond holding population).

Unluckiest Towns

Dumfries might be the luckiest town, but Scotland is also home to four of the ten unluckiest places in Britain with Kirkwall, Lerwick, Motherwell and Paisley ranking 1st, 5th, 6th and 7th, respectively, in the top ten unluckiest towns. But between them, the four Scottish towns have still scooped some top prizes, among them four Paisley residents winning £10,000 each.

Gill Cattanach, commercial director at NS&I comments: "Lady Luck is walking the streets of Dumfries, but hers is a long journey and who's to say which town she will be visiting this time next year.

"Premium Bonds are a serious investment, which offer the same chance of excitement and the chance of tax-free returns wherever you live. They are 100% secure and win or not, you always retain your original investment and each bond goes into the draw every month. Each £1 Premium Bond has an equal chance of winning the monthly £1 million jackpot, but the more bonds you hold, the more chances there are for ERNIE to make you a winner."

Britain's 10 luckiest towns

Town Prize value in £
(per million bond holdings) (4)
Ranking
Dumfries 28,783 1
Huddersfield 18,643 2
Harrogate 17,550 3
Sutton 13,510 4
Liverpool 11,593 5
Blackburn 11,358 6
Truro 11,002 7
Ilford 10,375 8
Stevenage 9,530 9
Coventry 9,443 10

Britain's 10 unluckiest towns

Town Prize value in £
(per million bond holdings) (4)
Ranking
Kirkwall 420 123
Guernsey 550 122
Jersey 715 121
Shrewsbury 736 120
Lerwick 738 119
Motherwell 1,085 118
Paisley 1,195 117
Wakefield 1,252 116
Isle of Man 1,562 115
Lincoln 1,567 114

Capital cities (in order of luckiest)

  Winnings per million bond holders £ Ranking (5)
London 6,022 1
Belfast 3,903 2
Cardiff 3,176 3
Edinburgh 2,530 4

ENDS

Footnotes

  1. Based on the total prize value per million bonds held in each town, calculated only on prizes £5000 and over.
  2. NS&I currently pays out over £30 million a month in smaller prizes of £50 and £100
  3. Source: http://www.dumfries-and-galloway.co.uk/facts
  4. High value prizes only. NB: NS&I pay out over £30 million in smaller prizes (£50 or £100) prizes each month
  5. Out of 123 different postcode regions

Notes to Editors

  1. Calculations have been based on the total value of large prizes (£5000 and over) won in the top 123 bond owning postal areas per million bonds held, over a two year period between January 2000 and December 2002
  2. The monthly jackpot prize is £1 million
  3. Premium Bonds were launched in 1956 — since then over 99 million prizes worth £6.3 billion have been won
  4. Currently 23 million people (over 39% of the population) hold over 18 billion Premium Bonds
  5. A record £580 million of Premium Bonds were sold in January 2003, the most successful sales month ever, beating the previous highest monthly sales figure a year ago by £130 million. During January 2003, NS&I sold, on average, £18.2 million Premium Bonds per day, equating to £12,600 per minute. More than 200,000 people bought Premium Bonds in January
  6. The amount invested in Premium Bonds have increased sevenfold since 1993.
  7. Further information on NS&I, including press releases and product information, is available on the website at www.nsandi.com. You can also contact the NS&I Media Team.
    Mark Brooks020 7348 9301mark.brooks@nsandi.com
    Jonathan Akerman020 7348 9433jonathan.akerman@nsandi.com
    Samantha Bennett020 7348 9654sam.bennett@nsandi.com
    Wendy Franklin020 7348 9449wendy.franklin@nsandi.com
    Fax020 7348 9755
    Out of hours07778 966387

Media team
NS&I has a number of spokespeople available for interviews and our experienced radio team is available via our ISDN line: 020 7602 4522.

The numbers below are for media use only. Customers wishing to contact NS&I can find details here.

Gareth Headon 020 7348 9494
gareth.headon@nsandi.com
Gill Stephens 020 7348 9449
gill.stephens@nsandi.com
Iman Asante 020 7348 9301
iman.asante@nsandi.com
Monica Del-Villar 020 7348 9654
monica.del-villar@nsandi.com

ISDN for interviews

020 7602 4522

Out of hours

All numbers above diverted to staffed mobile phones
 

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