Lucky Cambridgeshire resident wakes up £100k richer after winning big in November Premium Bonds draw - as another local scoops £50k
£100,000 is the second-highest prize that a Premium Bonds holder can win
A lucky Cambridgeshire resident has woken up £100,000 richer this week after winning the second-highest available prize in November’s premium bonds draw.
The six-figure prize was among 50 high-value wins in the November draw, with another Cambridgeshire local scooping a £50,000 prize.
A further five Cambridgeshire residents won £25,000 each as part of Premium Bonds’ multi-million-pound November prize pot.
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The lucky individual who won £100,000 had the maximum Premium Bonds holding of £50,000, with their winning bond reference being 663AF705822.
Premium Bonds is a government scheme which allows people to buy bonds for £1 each - up to a maximum of £50,000 - which are then entered into a monthly draw, carried out by a computer programme named ERNIE (Electronic Random Number Indicator Equipment).
Bonds do not pay interest like a traditional savings account but instead could win tax-free prizes ranging from £25 up to £1 million each month.
They are guaranteed by the Treasury and can be taken back by the holder at any time for the same value.
This month marks the 70th anniversary since the first-ever Premium Bonds went on sale in November 1956, while the first draw was held in June 1957.
Since then, 871.5 million prizes worth £43.8 billion have been won by savers while just this month alone more than £500 million has been handed out through more than 6.5 million prizes.