US EditionMartin Lewis sets record straight on how people win £1m Premium Bond prize - Liverpool Echo
- Martin Lewis, the Money Saving Expert, addressed a common myth about NS&I Premium Bonds.
- The expert clarified that Premium Bonds are a popular savings product with a minimum £25 investment.
- Investors purchase bonds for a chance to win prizes, with monthly draws offering up to £1 million.
- Lewis stated, “Every penny in there is backed up by the government,” ensuring safety.
- Each bond has an equal chance of winning; more new bonds win simply because more exist.
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Martin Lewis calls out 'complete urban myth' around NS&I Premium Bonds
National Savings and Investments (NS&I) Premium Bonds allow investors to buy bonds, with a minimum of £25, and have the chance of winning money in return
·Skipton, United Kingdom
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