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Each £1 Bond number has an equal chance of winning, regardless of when or where it was bought. Over 97% of eligible Bonds have been bought since the year 2000. So even though Premium Bonds have been on sale for over 60 years, this is why newer Bonds seem to win more frequently. When ERNIE randomly generates winners, it doesn’t store any numbers, so there’s no way any Bonds can be left out.

In 2015 the £1 million jackpot was won by a customer with only a £400 holding, who bought them in 2008!

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