Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • SBI FM lists with ambition to be a market leader in mutual fund industry
    • Retail Investors Power India’s Rs 75 Lakh Cr Mutual Fund Boom
    • NaBFID zero-coupon bonds explained: Investment size, returns, maturity, tax rules to know
    • Sebi Eases Certification Norms for Specialised Investment Funds, Allows Single NISM Qualification for Mutual Fund and SIF Distributors
    • SBI Funds debuts strong, pares gains to end 6.2% above IPO price
    • If You Have Only $10,000, Invest in These 3 Dividend ETFs by August
    • 3 Dividend ETFs to Buy Before 2026: Schwab’s 0.06% Fee vs. iShares’ Quality Screen
    • Mutual Fund Comparison Guide: How to compare two mutual funds: A beginner’s guide to smarter investing | Personal Finance
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Bonds»Somerset person nets £100,000 in August premium bonds
    Bonds

    Somerset person nets £100,000 in August premium bonds

    August 7, 2025


    National Savings and Investment (NS&I) has announced the August 2025 winners, which include both a person from Somerset and a person from Avon, netting a £100,000 prize.

    Only two lucky winners get to claim the top million-pound prize, with the first being claimed by a winner from Central Bedfordshire with the bond number 148YD123622. The second Premium Bond winner to claim £1 million is from overseas with the bond number 205XQ030808.


    READ MORE: Mystery Somerset man wins Set for Life lottery draw

    READ MORE: Somerset woman wins £100,000 on National Lottery Instant Win Game


    The Somerset owner’s winning bond was valued at £45,000 and was purchased in May 2024 with an overall holding of £7,000.

    Winning £100,000 Premium Bonds isn’t an easy feat, and it is, in fact, the second-best prize you can win after the £1million. This month, 68 people won £100,000 in Premium Bonds.

    Someone from Somerset was one of 68 people who won £100,000 this month. (Image: NS&I)

    What are Premium Bonds?

    Premium Bonds don’t earn interest. Instead, there’s an annual prize fund rate that funds a monthly prize draw for tax-free prizes.

    The NS&I (National Savings and Investments) said: “Remember that inflation can reduce the true value of your money over time. The prize fund rate is variable, so it can change at any time.”

    There’s a total of 2.5m unclaimed prizes from last month – with 11 £100,000 prizes, 19 £50,000 prizes, 38 £25,000 prizes and 75 prizes of £10,000.

    NS&I said that in the financial year 2024-25, more than £166 million was reunited through 52,693 NS&I accounts for holders who had lost touch with their savings and investments, thanks to NS&I’s tracing service and My Lost Account.

    Think you may have won? You can check your numbers here.

    Andrew Westhead, NS&I’s retail director, says: “These figures are a timely reminder to update your details, talk to your loved ones about your savings and make sure your money stays firmly in your hands, both now and in the future.”

     

    Premium Bond prizes are considered by NS&I to be “unclaimed” after 18 months, but there is no time limit to claiming them.

    NS&I defines unclaimed assets as holdings in closed products and assets kept in open products where there have been no customer financial transactions for a period of 15 years or more.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    NaBFID zero-coupon bonds explained: Investment size, returns, maturity, tax rules to know

    July 21, 2026

    Canada’s regulator adds catastrophe bonds as a form of reinsurance for capital credit

    July 21, 2026

    Bank of England to stop accepting bonds linked to coal for key loans | Bank of England

    July 18, 2026
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    NaBFID zero-coupon bonds explained: Investment size, returns, maturity, tax rules to know

    July 21, 2026

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    SBI FM lists with ambition to be a market leader in mutual fund industry

    July 21, 2026

    SBI Funds Management Limited MD & CEO Debasish Mishra. File | Photo Credit: ANI SBI…

    Retail Investors Power India’s Rs 75 Lakh Cr Mutual Fund Boom

    July 21, 2026

    NaBFID zero-coupon bonds explained: Investment size, returns, maturity, tax rules to know

    July 21, 2026

    Sebi Eases Certification Norms for Specialised Investment Funds, Allows Single NISM Qualification for Mutual Fund and SIF Distributors

    July 21, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    ULIPs or Mutual Funds: The Smarter Tax-Saving Choice – Money Insights News

    March 16, 2026

    Texas City Can’t Avoid Improvement District Bond Payments

    August 23, 2024

    3 Top US ETFs for 2025 and Beyond

    June 11, 2025
    Our Picks

    SBI FM lists with ambition to be a market leader in mutual fund industry

    July 21, 2026

    Retail Investors Power India’s Rs 75 Lakh Cr Mutual Fund Boom

    July 21, 2026

    NaBFID zero-coupon bonds explained: Investment size, returns, maturity, tax rules to know

    July 21, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.