It’s the dream for all of us that one day your carefully stashed savings will turn into a jackpot £1M Premium Bonds win from NS&I.

Premium Bonds are a great way to save money tax-free if you’ve already maxed out your regular Personal Savings Allowance and cash ISA allowance.

Every Premium Bond owned gives you the chance to win money each month, from £25 up to the top £1million prize.

According to Martin Lewis’ calculations, Premium Bonds’ average annual return on £50,000 of savings…