How will I know if I win the Premium Bonds?

How will I know if I win the Premium Bonds?

The quickest way to find out if you’ve won a prize is to use our prize checker. It’ll show you this month’s prizes, anything you’ve won in the previous six draws, as well as any older prizes that you haven’t claimed yet.

How long does it take for premium bond prizes to be paid?

Having your prizes paid straight into your bank account (or NS&I Direct Saver) is quick, easy and safe. If you win, we’ll let you know the good news by email or text message. You’ll then normally receive your prize money in your bank account by the 7th working day of the month.

Do you get a letter if you win on Premium Bonds?

Prizes will then be sent to your home address as a warrant. Unfortunately, we can’t send unclaimed prizes directly to your bank account. If your details have changed since you won the prize, please tell us your old and current details and sign your letter.

What are the chances of winning with 50000 Premium Bonds?

Chances of winning each Premium Bonds prize per bond

Prize amount Number per month Odds of winning at least this amount per £1 bond in one month
£100,000 10 1 in 9,847,084,623
£50,000 19 1 in 3,811,777,478
£25,000 39 1 in 1,688,073,122
£10,000 99 1 in 699,201,931

How do you cash in Premium Bonds when someone dies?

Info you’ll need when filling in a claim form Any Premium Bonds prizes won will be paid by prize cheque after that prize draw to the person entitled to the money – the estate’s executor. We will hold on to any outstanding prizes won until we have completed the death claim and then they will be issued.

Can I lose money with Premium Bonds?

Can you lose money with Premium Bonds? No. NS&I is authorised and regulated by the Treasury, rather than a bank, so 100% of your money is protected. Even if you’re an unlucky customer and never win anything, the amount you put into Premium Bonds remains safe.

How long after someone dies can you claim Premium Bonds?

12 months
However, they can remain in the monthly Premium Bonds draws for up to 12 months after the customer has died. After the 12-month period has elapsed, the face value of the Premium Bonds will be repaid to the deceased customer’s estate, along with any prizes they may win in this 12-month period.

Can you trace lost Premium Bonds?

Give as much detail as you can about your past addresses, where and when you bought the Premium Bonds and how much they might be worth. *Alternatively, you can use the NS&I Tracing Service or My Lost Account to track down your Premium Bond details.

What happens to Premium Bonds if the owner dies?

The customer who has died has won a Premium Bond prize and been sent a prize warrant – what should I do? Please send the prize warrant back to us and we’ll reissue it to the person entitled to the money, once we’ve completed the claim.