Any email that Premium Bonds customers receive notifying them of a win does not include the value of the prize. The email notification encourages them to check how much they have won via the prize checker app, online prize checker or on an Alexa-enabled device. Depending upon how Premium Bonds customers check whether they have won, when it is a high-value prize £10, and above , they are told they do not need to do anything and that we will be in touch.

This asks them how they would like their prize paid. For example, they can choose to have their prize paid directly into their bank account or automatically reinvested into more Premium Bonds. We actually have five Agents Million.

In total, since , there have been around 20 Agents Million. Winning £1 million is life-changing, so when Agent Million informs the winners, secrecy ensures that their win remains news for them and not others, ensuring that sharing this news is a choice for them.

Our Agents Million are based in Lytham St Annes in Lancashire , the home of Premium Bonds, so they do have to travel, as well as spend the odd night away from home. Although they are sworn to secrecy about the role they perform as Agent Million, they may tell certain family members or loved ones about it for practical reasons.

However, they must keep their role secret from friends and colleagues that do not need to know. Throughout the Covid pandemic, Agent Million was unable to visit jackpot winners in person for the safety of all involved, but has been back on the road since the May prize draw.

There are of course two £1 million winners each month, so two Agents Million are in action for each prize draw. Having five Agents Million ensures that, each month, an experienced colleague is always on hand to guide our two jackpot winners through a life-changing time.

However, we would of course ensure that we are paying the prize money to the correct person. All funds held with us are secure as we are backed by HM Treasury, so if customers choose our Direct Saver account while deciding what to do with their winnings, they have this added peace of mind.

This means that over 8, advisers have the chance to help winners of the Premium Bonds jackpot. Previously financial advisers came through one firm. Up to June , there have been Premium Bond millionaires.

In terms of winners that had smaller Premium Bond holdings, someone from the London borough of Newham won £1 million in July with a Premium Bonds holding worth £ The winning bond was purchased in February , meaning they waited more than 45 years for the win.

A dozen winners have scooped the £1 million jackpot with holdings worth £1, or less. Ruth is passionate about helping people feel more confident about their finances. She was previously editor of Times Money Mentor, and prior to that was deputy Money editor at The Sunday Times.

A multi-award winning journalist, Ruth started her career on a pensions magazine at the FT Group, and has also worked at Money Observer and Money Advice Service. Feature Investors have an extra day to put their money to work on the stock markets in — we reveal if leap years can give your portfolio a bounce.

By Marc Shoffman Published 29 February Falling mortgage rates and higher demand boost property sales. By Vaishali Varu Published 29 February Over two million Premium Bond prizes worth more than £80 million are sitting unclaimed.

Could some of this money be yours? Here's how to find out. By Vaishali Varu Last updated 3 January Find out if saving rates have reached their peak and the current top rates on the market.

By Vaishali Varu Published 14 November News The state-backed bank has slashed the interest rate on its Green Savings Bonds from 5. By Marc Shoffman Published 14 November By John Fitzsimons Published 2 November By Vaishali Varu Published 1 November Reveal a "5X" symbol, win 5 TIMES the prize shown for that SYMBOL!

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