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NS&I Finds the Luckiest Premium Bonds Regions

National Savings & Investments

National Savings & Investments

NS&I research has discovered the luckiest areas of Britain for winning Premium Bonds prizes, showing that those firstly in the South West, and then in the East Midlands, win more Premium Bonds prizes of £1000 or more, than the rest of the UK. Ranking as third luckiest was Wales, while the North East of England emerged as the least lucky of all the regions.

Sally Swait, Premium Bonds manager at NS&I, commented: "Each month ERNIE randomly generates the winning Premium Bonds numbers from his home in Blackpool, where all eligible Bonds - regardless of their age - have an equal chance of winning."

"The last year has seen the South West region receive the greatest luck in having their numbers come up, though all other regions were not without their own significant wins. As the numbers are generated randomly each month, we may very well see a change in the rankings of the luckiest regions in the UK next year."

NS&I also discovered that there are currently more than 599,000 unclaimed Premium Bonds (http://www.nsandi.com/products/pb/unclaimedprizes.jsp) prizes across the UK, worth over £35 million.

The current odds of each £1 Bond number winning any prize are 36,000 to 1, so with average luck, an investor with £30,000 in Premium Bonds could win 10 tax-free prizes a year.
The good news is that there is no time limit for claiming prizes. Premium Bonds results can be found by using the Premium Bonds draw (http://www.nsandi.com/news/pbnotice.jsp ) prize checker or writing in to NS&I.

Premium Bonds (http://www.nsandi.com/products/pb/index.jsp) are an investment where, instead of interest payments, investors have the chance to win tax-free prizes. They were officially launched by Harold Macmillan, Chancellor of the Exchequer, in his 1956 budget.

At the end of June 2009, more than 23 million people had a total of over £40 billion invested in Premium Bonds. There are currently more than one million tax-free prizes from £25 to £1 million being won each month.

All Premium Bonds prizes are free of UK Income Tax and Capital Gains Tax.

Source PRWeb UK

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