More than two million Premium Bond prizes worth a combined £79.4 million remain unclaimed, according to the latest figures from National Savings and Investments (NS&I). The Money Saving Expert (MSE) website says the unclaimed prizes include five worth £100,000 and nine worth £50,000.
MSE has a breakdown of where the 2,269,198 unclaimed prizes are by value and region. NS&I, which runs the Premium bonds, says it contacts every winner – by either text, email or post depending on the option they’ve selected – but sometimes prizes go unclaimed for a variety of reasons, such as the letter getting lost in the post or contact details not being updated.
Unclaimed prizes are those which haven't been claimed within 18 months of being won - which means the actual outstanding total could be much higher. As of November 2022, NS&I says there were 2,269,198 unclaimed Premium Bond prizes, worth a total of £79,421,450.
