Partly Cloudy

Partly Cloudy

max temp: 20°C

min temp: 17°C

ESTD 1874 Search

Suffolk: Man kicks off 2014 by becoming a millionaire overnight

09:43 03 January 2014

Man from Suffolk wins £1 million prize

Man from Suffolk wins £1 million prize

Archant Norfolk Photographic © 2008

A man from Suffolk has got off to a good start in 2014 by becoming a millionaire overnight.

National Savings and Investments have announced that the Premium Bond holder has become the latest person to win the top prize of £1 million.

The man, who has holdings worth £30,000, won the top prize after his bond number was selected by NS&I’s random generator. The winning bond was bought in April 2012.

Over 8,300 Premium Bond prizes worth more than £360,000 remain unclaimed in Suffolk – including a £1,000 prize won by a woman from the county in May 1986.

The oldest unclaimed prize in Suffolk dates back to May 1967 and is worth £25.

Across the UK there are over 974,000 unclaimed Premium Bonds prizes worth more than £45 million.

Unclaimed prizes stretch right back to the first anniversary of the original draw. A man from South Yorkshire is yet to claim his £25 prize from November 1957. There is no time limit for claiming prizes.

The largest individual unclaimed prize is worth £100,000.

NS&I say they have paid out more than 286 million tax-free prizes worth approximately £14.9 billion since the first draw in 1957.

Premium Bonds 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.

2 comments

  • how hard do they try to find the winners .a small holder of bonds do not stand much chance against 30,000 pounds worth.

    Report this comment

    TERENCE MANNING

    Friday, January 3, 2014

  • "Premium Bonds are an investment". Really? No capital appreciation, no interest, no dividends. Just the slim chance of being lucky. And in the meantime the capital is eroded by inflation. So if I 'invest' £20,000 and it is worth £18,000 eventually after adjustment for inflation and I won £1000 in prizes, I have £19,000 in spending terms .... so was that an investment or a gamble?

    Report this comment

    Johnthebap

    Friday, January 3, 2014

The views expressed in the above comments do not necessarily reflect the views of this site

Jayden Adams

A 15-year-old girl has been reported missing from Ipswich

David Henley, owner of Henley's of Wivenhoe fish and chip shop, which is backing a new campaign to celebrate the importance of using sustainable fish.

An award-winning Essex fish and chip shop aims to “turn the tide” on overfishing by suppporting a new campaign.

Group of 28 people (made up of police, search & rescue, and RAF personnel) trying to find Corrie McKeague who has been missing since Saturday morning. Picture near Ampton village.

RAF personnel have joined the search for a missing Honington serviceman who has not been seen since the early hours of Saturday.

Trevor Woolley

A Witham man who campaigned for weapons awareness after his son was stabbed has died from a reported heart-attack.

Roads policing officers are appealing for information following a fatal collision on the B1125 (Dunwich Road) Blythburgh near to the junction with the B1387, which happened this morning, Tuesday 27 September.

Police were called at 8.56am today to reports of a single vehicle collision. Following the incident, a motorcyclist, a man in his fifties, has sadly died.

A 50 year-old man who died following a road traffic collision yesterday has been named as Stewart Mackenzie from Westleton.

Ipswich have just stunned the footballing world by winning the League Championship, but you wouldn't know it from the stiff upper lip demeanour of Alf Ramsey in this photo

Today we launch the first in a series of features looking back at Ipswich’s past - its famous faces, prestigious landmarks and the defining moments that helped shape the town.

Threshing demonstration at Harvest Past

Visitors took a step back in time for a day down on the farm.

Most read

Great Days Out

cover

Click here to view
the Great Days Out
supplement

View

Most commented

HOT JOBS

Show Job Lists

Streetlife

Newsletter Sign Up

Sign up to the following newsletters:

MyDate24 MyPhotos24