July 2017 Premium Bonds winning numbers – have you won £1 million cash prize?
TWO lucky Brits in opposite ends of the country are waking up as millionaires today, as winners of July’s Premium Bonds draw.
Each month two randomly selected savers win the £1million jackpot. So could it be you? Here's everything you need to know about the draw.
Have I won money in July's Premium Bonds draw?
Premium Bonds are the UK’s biggest savings product, with 22m Brits saving more than £66 billion.
This month, the winners are a woman from Cumbria and a man from Dorset.
The Cumbria winner is the 365th millionaire in the contest and the sixth jackpot winner from the county.
Her winning number (Bond number 200CF877271) was part of a purchase of £30,000 in December 2012.
The Dorset winner is the 366th overall, with his bond number 262CH557538 striking gold in the South West county for the seventh time.
His £20,000 purchase in December 2015 forms part of a total Premium Bonds holding of £40,633.
In the July 2017 draw Ernie, the random number generator, paid out more than 2.3million prizes - worth £66m.
- The prizes included...
- Three lucky savers who won £100,000
- Five people who won £50,000
- 1,330 people who won £1,000
- 21,614 people who won £100
- 2.26m people who won £25
Could I be owed money in Premium Bonds?
Brits are currently owed £55m in unclaimed Premium Bonds.
In Cumbria, £321,925 remains unclaimed from 8,450 prizes.
The oldest is a £25 prize from January 1969, and there are 11 outstanding prizes worth £1,000.
And in Dorset, there are 15,949 unclaimed prizes - equalling £617,000.
The oldest dates back to February 1964 – a prize worth £25 – while there are 37 prizes worth £500 still waiting to be paid to their lucky owners.
If you think you may have unclaimed Premium Bonds, these are the winners from last month's draw.
It proves that at every value someone with typical luck will earn less than the quoted prize rate.
Alternatively, you can download the new and improved Prize Checker app, free from Google Play or the Apple Store.
What size return will I get?
On average, premium bonds pay out an investment return equivalent to about 1.3 per cent.
In theory this means you would win just over a penny a year for each pound of bonds owned.
But because of the randomness of the process, you may win less – or you may win a great deal more.
Where does the prize money come from?
The prize money is not funded by the sale of new bonds.
Instead, the money represents the amount that would be paid in interest if premium bonds were regular government bonds.
The prize fund interest rate, prize values and odds of winning are all subject to change.