Premium bonds: jackpot winners won't be visited by ‘agent million'

Premium bonds can be held by savers and they allow the holders to enter a monthly draw where prizes of between £25 and £1million can be won. The winning numbers are revealed online and there

are three ways to manage the prizes. This is an unprecedented move as the Agent Million has been a big part of premium bond winnings for decades now. According to NS&I, the Agent

Million has been informing people of their new millionaire status since 1994. These trips weren’t confined to the UK either as the Agent Million has had to travel to over 60 countries in

order to update lucky winners. The Agent Million themselves revealed just how far they’ve travelled some a few years ago: “I go to great lengths to notify the Jackpot Prize winner,

travelling all over the UK, by planes, trains and automobiles, to inform them that they’ve won £1 million on the Premium Bonds. It’s even possible to check and receive any unclaimed prizes.

NS&I attempt to contact everyone but sometimes it isn’t possible to reach someone, which could occur because the person has moved and hasn’t updated their details. Thankfully, NS&I

will hold onto the prize until the winner gets in touch. There is no time limit for claims and people can log into their online account to view their prize history. The chances of someone

missing out on their winnings could be quite high as the prize fund is quite broad in scope. For May, the prize fund was valued at over £102million and there was more than 3.5 million prizes

in total.