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Press releaseTYNE AND WEAR RESIDENT IS OCTOBER'S £1 MILLION PREMIUM BOND JACKPOT WINNER01 October 2003
One lucky resident from Tyne and Wear has won the £1 million Premium Bond jackpot. ERNIE, the Premium Bond number generator, worked his way through billions of Premium Bond numbers before picking the winning combination. The winner was told last night in person by Agent Million, National Savings and Investments' mystery agent who pays a personal visit to the winner. This is the third winner from Tyne and Wear since the introduction of the £1 million Premium Bond jackpot since the top prize was introduced in 1994, and October's winner becomes the 115th Premium Bond millionaire overall. In Tyne and Wear, 342,000 people own Premium Bonds worth £173million. There are approximately 4,100 unclaimed prizes in the region, worth £248,000. This month's winning jackpot number was bought in July 2003. The popularity of Premium Bonds has grown dramatically over the past five years as the amount invested has doubled to £22 billion. Like all National Savings and Investments (NS&I) products, Premium Bonds offer investors 100% security, backed by HM Treasury, as well as the sense of fun that comes from winning tax free prizes. The prize fund rate is currently 2.25% per annum tax free, equivalent to 2.81% p.a. gross for a basic rate tax payer and 3.75% p.a. gross for a higher rate tax payer. The number and value of prizes awarded in October 2003 are:
Since the first draw in 1957, ERNIE has given away over 104 million prizes worth £6.7billion. Prizes range from £50 to £1million. There is currently £23 million in unclaimed prizes. There is no time limit on claiming prizes. Premium Bond investors can check to see if they have won by logging on to www.nsandi.com and using the Premium Bond prize checker. ENDS Notes to EditorThe lucky jackpot winner becomes ERNIE's 115th Premium Bond millionaire. ctober's jackpot winner holds a total of £15,202 Premium Bonds. Further information on National Savings and Investments (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. NS&I has a number of spokespeople available for interviews and our experienced radio team is available via our ISDN line: 020 7602 4522.
Media team The numbers below are for media use only. Customers wishing to contact NS&I can find details here.
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