Premium Bonds: Correspondence

(asked on 10th December 2020) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how many paper prize warrants were sent out to winners of Premium Bond prizes in each of the last ten years; and if he will make a statement.


Answered by
John Glen Portrait
John Glen
Paymaster General and Minister for the Cabinet Office
This question was answered on 15th December 2020

Table: Prizes won each year between 2010-2020 by prize payment type

Prize winning year

Auto Prize Investment

Prize by Warrant

Prize by BACS

Other

Total

% of prizes that were warrants

2010

4,155,504

16,406,467

6

48,992

20,561,977

80%

2011

4,323,678

16,610,306

284,312

47,026

21,218,296

78%

2012

4,484,871

16,170,837

1,143,668

55,670

21,799,376

74%

2013

4,520,633

15,612,451

1,856,448

56,874

21,989,532

71%

2014

5,518,122

13,971,588

2,998,525

63,893

22,488,235

62%

2015

6,974,548

14,074,705

4,279,531

78,658

25,328,784

56%

2016

7,104,185

13,457,970

5,571,947

87,799

26,134,102

51%

2017

7,314,839

12,900,783

7,858,434

111,635

28,074,056

46%

2018

9,322,849

14,802,366

12,540,401

174,215

36,665,616

40%

2019

10,021,102

14,133,249

15,492,951

200,340

39,647,302

36%

2020

10,917,668

11,680,178

20,359,390

356,003

42,957,236

27%

*Other prize payment type includes, death claim forms, high value prize claim forms, prize queries etc.

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