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Press releaseERNIE VISITS BRISTOL WITH £1 MILLION FOR MYSTERY WINNER02 August 2004MYSTERY WINNER IN BRISTOL CELEBRATES £1MILLION PREMIUM BOND JACKPOT
One lucky woman from Bristol is £1 million richer today after ERNIE, the Premium Bond number generator, churned through billions of Premium Bond numbers, picking this month's jackpot winning number. The winner, whose identity is being kept a secret, was told last night in person by Agent Million, the mystery person who pays a personal visit to the winner to give them the good news. This is Bristol's second £1 million Premium Bond jackpot winner since the top prize was introduced in 1994, and August's winner becomes the 125th Premium Bond millionaire overall. This month's winning jackpot number was purchased in February 2003. The prize fund rate is currently 2.60% per annum tax free, equivalent to 3.25% p.a. gross for a basic rate tax payer and 4.33% p.a. gross for a higher rate tax payer. From 1 September 2004 the prize fund rate will go up to 2.80% per annum tax free with odds fixed at 24,000 to 1. The change in the prize fund rate will also increase the number of monthly Premium Bond prizes from 870,000 to 1,000,000, for the first time ever. The popularity of Premium Bonds has grown dramatically over the past five years as the amount invested has doubled to over £24 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 number and value of prizes awarded in August 2004 are:
Since the first draw in 1957, ERNIE has given away over 110 million prizes worth over £7 billion. Prizes range from £50 to £1million. There is currently £23.6 million in unclaimed prizes. There is no time limit on claiming prizes. Premium Bond investors can check to see if they have won by clicking here and using the Premium Bond prize checker. ENDS Notes to Editors
For further information contact the NS&I media team
Media team The numbers below are for media use only. Customers wishing to contact NS&I can find details here.
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