£8 million worth of Premium Bond prizes have been lost in the post - here’s how to check if you're owed money

More than 180,000 Premium Bond prizes worth £8 million have gone missing in the post - and more than £60,000 worth in the last year alone.

This could mean that you might be owed money won through your Premium Bonds if you have not signed up for the prize money to be paid directly into your bank account.

What has happened?

The revelation, derived from a freedom of information request by MoneySavingExpert, comes from National Savings & Investments who run Premium Bonds.

They said a total of 185,654 prizes have gone missing, some dating back to the very first prize draw in 1957.

The undelivered prizes are worth a staggering £8,230,650, with £66,900 having gone undelivered since March 2018.

There is more than £61 million worth of prizes in total which have gone unclaimed, including the £8 million which have been lost in the post.