What would you do if you won the £1 million jackpot?
While there are lots of good reasons to save with Premium Bonds, we suspect that for many of our savers the anticipation of the monthly prize draw is a big one – with its millions of tax-free prizes* every month, from £25 all the way to the £1 million jackpot!
And while most of us won't hit the big win, there’s no harm in imagining what you’d do if Agent Million came knocking on your door…
Top 5 jackpot dreams
Did you know there have been 566 winners of the £1 million jackpot since 1994? Out of curiosity, we asked some of our savers** what they’d do if they won.
1. Make a big luxury purchase
‘A wonderful holiday for the whole family, Bermuda, Maldives, Mauritius, that kind of thing.’
NS&I saver, age 55–59
2. Share with family and friends
‘Give my children enough for a house…and spread some joy around family, friends and charities.’
NS&I saver, age 60–64
3. Save their winnings
‘What a thought! I would put a good chunk in savings.’
NS&I saver, age 35–39
4. Give to charity
‘I would donate to some local charities and use what was left for holidays and work on my house.’
NS&I saver, age 55–59
5. Pay off their mortgage
‘Jump around in joy! Once I’d calmed down, I’d pay off my mortgage and go on a nice holiday.’
NS&I saver, age 35–39
And finally
As we know, Premium Bonds aren't just about the jackpot. In the monthly prize draw, along with the two £1 million pound jackpots, there are millions of small prizes won – perfect for that Saturday night takeaway!
*All prizes are free of UK Income Tax and Capital Gains Tax.
**Based on 269 unique responses to a discussion on what NS&I customer community members would do in the event of them winning the Premium Bonds jackpot.
