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More than £50million in Premium Bond prizes has been left unclaimed

Four holders have won £100,000 but not come forward

A VAST fortune of unclaimed Premium Bond prizes stands at more than £50 million.

Four holders have won £100,000 but not come forward, including women in London in 2007 and Manchester in 2010.

Four holders have won £100,000 but not come forward
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Four holders have won £100,000 but not come forwardCredit: Alamy

Premium Bonds are the UK’s biggest savings product, with more than 21 million people saving over £60 billion in them.

More than a million winners are currently missing out.

Unclaimed wins also include several prizes for £50,000, £25,000 and £10,000, although most are for £50 and £25.

Unclaimed wins also include several prizes for £50,000, £25,000 and £10,000
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Unclaimed wins also include several prizes for £50,000, £25,000 and £10,000Credit: Alamy

There is no time limit on prizes –unlike the six month deadline with the National Lottery, and the sums have been won in the last 18 months or longer.

Officials at (NS&I) say that there are 512 prizes in total, worth nearly £25,000.

A spokesman said: "”Prizes often become unclaimed as a result of people moving house or forgetting that bonds have been bought for them as a child."

There are two ways to check whether you are a winner in the monthly draw.

If you are registered with NS&I online then it will inform you via email as to whether you have been successful.

Alternatively if you are not registered online, a letter will be sent to your home address.

Officials at National Savings and Investments say that there are 512 prizes in total
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Officials at National Savings and Investments say that there are 512 prizes in totalCredit: Alamy

The money can either be paid directly into your account or you can chose to reinvest it in bonds.

More than £65 million worth of prizes were handed out earlier this month with a Staffordshire man and a woman from Essex both winning £1 million.

With Premium Bonds celebrating their milestone 60th anniversary in November 2016, NS&I is encouraging Premium Bond holders to reconnect with their old Bonds, some of which date back to over 50 years.

 

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