Suffolk Residents Win Over £1 Million in Premium Bonds Draw

In April, NS&I announced the winners of the Premium Bonds draw, featuring two £1 million prizes awarded to individuals from South Yorkshire and Hertfordshire. Over 344 winners in Suffolk collectively won £1.08 million, while Sussex saw a total of over £1.2 million awarded, with several individuals winning £100,000 and £50,000 prizes. The overall prize fund for this month decreased to approximately £411 million, reflecting a reduction in the prize fund rate from 4% to 3.8%. The odds of winning remain at 22,000 to 1, with the minimum investment for Premium Bonds set at £25 and the maximum at £50,000. Notably, the number of higher-value prizes is expected to decrease slightly in the upcoming months, affecting the distribution of winnings. NS&I encourages participants to check their winnings using the online prize checker or app.