Want savings to put a sparkle in your eyes? Try Premium Bonds from National Savings & Investments (NS&I).
Every £1 buys a Premium Bond with a number that is popped in a prize draw each month. Numbers are picked at random to win prizes from £25 up to £1 million, tax-free. So yes, you could become a millionaire!
NS&I pays out prizes worth 1.4% of the money invested in Premium Bonds each year- this is dropping to 1.3% in May. Two bonds win £1 million every month, plus a few chunky prizes of £100,000, £50,00, £25,000, £10,000 and £5,000, then more worth £100 and £50. The remaining 90% of the prize money is doled out as £25 prizes.