Table of Contents
- 1 How many Premium Bonds exist?
- 2 Can I check my premium bond numbers?
- 3 How can I find out if a deceased relative had Premium Bonds?
- 4 Is it worth having 50000 in Premium Bonds?
- 5 What are the chances of winning 1 million on Premium Bonds?
- 6 Do Premium Bonds pass to next of kin?
- 7 What are National Premium Bonds?
- 8 How do I Check my bonds?
- 9 How do you buy Premium Bonds?
How many Premium Bonds exist?
109.29 billion
As of June 2021 there are 109.29 billion eligible Premium Bonds, each having a value of £1.
You can find your holder’s number on your Bond record or by logging in to your account. Your holder’s number has either 10 or 9 digits, or 8 digits followed by a letter. You can only use your NS&I number to check if you have won a prize using our Premium Bonds prize checker app.
How can I find out if a deceased relative had Premium Bonds?
If you have lost your holder number altogether, or you are trying to find the bonds of a deceased relative, you will need to contact NS&I to get them to run a tracing service. You can download a tracing form from NS&I’s website.
What are the odds 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 |
|---|---|---|
| £1 million | 2 | 1 in 56,199,445,087 |
| £100,000 | 5 | 1 in 16,056,988,178 |
| £50,000 | 11 | 1 in 6,244,387,856 |
| £25,000 | 22 | 1 in 2,809,975,413 |
How can I check very old premium bond numbers?
The easiest way to check is online. You can check the latest results, bond numbers from the past six months of unclaimed prizes. Alternatively, you can write to NS&I asking for your prize history, remembering to include your name, address and either your NS&I or Premium Bonds holder’s number.
Is it worth having 50000 in Premium Bonds?
In fact, you’d need to walk past 70% of the line until you hit the first £25 winner. Premium Bonds are the UK’s biggest savings product, with more than 21 million people saving over £112 BILLION in them….
| Number of bonds | Chances of winning £1 million |
|---|---|
| £10,000 | 1 in 466,543 |
| £30,000 | 1 in 154,709 |
| £50,000 | 1 in 92,367 |
What are the chances of winning 1 million on Premium Bonds?
You buy £1 bonds and each has an equal chance of winning, so the more you buy, the more your chances improve….
| Number of bonds | Chances of winning £1 million |
|---|---|
| £10,000 | 1 in 466,543 |
| £30,000 | 1 in 154,709 |
| £50,000 | 1 in 92,367 |
Do Premium Bonds pass to next of kin?
An NS&I spokesperson replies: If an NS&I customer dies, Premium Bonds cannot be inherited or transferred to another person.
What are the odds of winning with 50000 Premium Bonds?
How to check Premium Bonds?
You can use your NS&I number to check your Premium Bonds online or using the bond checker app . Go through any past communication you’ve had with NS&I, including emails, letters, bond reports, or records you may have. Look for a number that’s 11 digits long and has 11, 21, 31, or 41 as its first digits.
What are National Premium Bonds?
A Premium Bond is a lottery bond issued by the United Kingdom government since 1956. At present it is issued by the government’s National Savings and Investments agency . The principle behind Premium Bonds is that rather than the stake being gambled, as in a usual lottery , it is the interest on the bonds that is distributed by a lottery.
How do I Check my bonds?
I number from letters or emails you’ve received from them.
How do you buy Premium Bonds?
Whether at home or abroad, there are four main ways to buy Premium Bonds: Online – You can buy Premium Bonds online using NS&I’s secure online system . By phone – You can call all day, every day. By post – To buy Premium Bonds by post, complete an application form and send it in with a cheque payable to National Savings & Investments.