What happens to Premium Bonds when someone dies?

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The amounts credited to the Lottery Bond Fund are continuously appropriated only for the purpose of paying, when due, the principal of and the interest and

For repayment of Prize Bonds registered in the name of a deceased holder please note that you will need to complete a separate Repayment Declaration Form and

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who owns lottery States that conduct state-sponsored lotteries have implemented various methods to ensure that lottery retailers comply with all of the statutes and regulations