A Premium Bonds holder from Shropshire has scooped a £1m jackpot in the National Savings & Investments (NS&I) November prize draw.
The winning bond was purchased in October 2015, and the lucky holder becomes the fourth jackpot winner from the county since the scheme began.
Premium Bonds, which were first introduced in 1956, have long been a popular way for savers to try their luck while keeping their money secure. The first prize draw took place in 1957, and since then, NS&I has paid out more than £38bn in tax-free prizes.
Millions still up for grabs in unclaimed winnings
Savers can invest up to £50,000 in Premium Bonds, with each £1 bond entered into a monthly draw for prizes ranging from £25 to £1m.
The November draw produced two jackpot winners — one from Shropshire and another from York.
NS&I also revealed that thousands of prizes remain unclaimed in Shropshire alone. Around 10,822 prizes, worth a total of £438,250, are still waiting to be claimed — some dating as far back as 1972. The largest of these is worth £10,000.
Premium Bonds: a national favourite
Premium Bonds remain one of the UK’s most popular savings options, offering the chance to win big while protecting savers’ capital. Although the odds of winning the £1m jackpot are steep — currently 1 in 21,000,000,000 — millions of smaller prizes are distributed every month.