Premium Bonds:Telegraph: Winner took home £1m jackpot after 45-year wait

[yorkshirelad1]

Telegraph, Sat 19 Mar 2022:
Winner took home £1m jackpot after 45-year wait
https://www.telegraph.co.uk/personal-banking/savings/britains-luckiest-premium-bond-winner-scoops-1m-just-17-account/
(Paywalled, but free one-month trial available, and various other ways of reading the article)

A few historically interesting facts and figures about winner, but not a great deal more ....

[monabri]

"But uncovered archive figures have revealed Britain’s luckiest ever Premium Bonds winner defied odds of three billion to one to win the top £1m prize more than 45 years after opening an account with just £17.

The unnamed winner, from Newham in east London, took home the seven-figure jackpot in 2004, setting the record for winning the top payout with the smallest ever holding, figures obtained by this newspaper have shown"

Only 18 years ago!

[88V8]

I used to have a maximum holding and my wife still does, but the yield is so poor nowadays....

My stake is now limited to the five bonds my mother bought me in 1953. Fingers crossed.

V8

[Gersemi]

I used to have a maximum holding and my wife still does, but the yield is so poor nowadays....

My stake is now limited to the five bonds my mother bought me in 1953. Fingers crossed.

V8

Are they in fact the same bonds? I only ask because I thought that when you did a redemption they sold the oldest bonds, which would mean your remaining five bonds would be part of your last purchase, not the original holding

[swill453]

I used to have a maximum holding and my wife still does, but the yield is so poor nowadays....

My stake is now limited to the five bonds my mother bought me in 1953. Fingers crossed.

Are they in fact the same bonds? I only ask because I thought that when you did a redemption they sold the oldest bonds, which would mean your remaining five bonds would be part of your last purchase, not the original holding

Not that it matters, coz it's random

Scott.

[Myfyr]

"But uncovered archive figures have revealed Britain’s luckiest ever Premium Bonds winner defied odds of three billion to one to win the top £1m prize more than 45 years after opening an account with just £17.

The unnamed winner, from Newham in east London, took home the seven-figure jackpot in 2004, setting the record for winning the top payout with the smallest ever holding, figures obtained by this newspaper have shown"

Only 18 years ago!

Compound return of approx 27.64% pa

[chas49]

Are they in fact the same bonds? I only ask because I thought that when you did a redemption they sold the oldest bonds, which would mean your remaining five bonds would be part of your last purchase, not the original holding

Apparently you can cash in specific bonds:

Call Us
.....
Cash in my Premium Bonds
You’ll need your holder’s number and bank account details to hand. Please also have your Bond record ready, if you’d like to cash in specific Bonds.

https://www.nsandi.com/products/premium-bonds