National Savings and Investments (NS&I) has announced the winners of the March 2025 Premium Bonds, exciting over 24 million holders to check their accounts. This month, two fortunate individuals will walk away with the top prize of £1 million, part of the NS&I's unique lottery system, which offers substantial amounts each month.
The first of the £1 million winners resides in Cumbria, holding the winning bond number 408VD714629. This bond, valued at £35,000, was purchased back in August 2020, and it seems this investment has paid off significantly. Interestingly, the winner had maintained this overall holding with NS&I, showcasing the potential of Premium Bonds for savers.
The second winner of the £1 million prize hails from Cleveland and holds the bond number 540HZ735699. This winner had invested £100, exactly matching the value of the winning bond they purchased just last May. This underlines the accessible nature of Premium Bonds; even modest investments can yield significant rewards.
The overall prize pool for the March draw remains impressive, with numerous additional cash prizes up for grabs beyond the grand ones. Here is the breakdown: two winners at £1 million, 71 wins of £100,000, and 141 wins of £50,000. Lesser yet still meaningful prizes are available as well, extending all the way down to £25.
- £1 million: 2 winners
- £100,000: 71 winners
- £50,000: 141 winners
- £25,000: 284 winners
- £10,000: 590 winners
- £5,000: 1,177 winners
- £1,000: 12,573 winners
- £500: 37,719 winners
- £100: 1,280,509 winners
- £50: 1,280,509 winners
- £25: 2,376,161 winners
For those who hold Premium Bonds, the excitement of potentially winning is combined with the ease of claim. To check if you are one of the winners, you can visit the NS&I website and utilize their prize checker tool. Bond holders will need their Premium Bonds holder’s number or their NS&I number to proceed. The app offers similar functionality for those preferring mobile checks.
It’s worth noting the significant number of unclaimed prizes: currently, there are 2,516,285 unclaimed Premium Bonds prizes totaling approximately £93,830,100 awaiting collection. This situation often arises because winners forget to update their contact details after moving or prefer receiving their winnings via cheque instead of direct bank transfer.
According to figures from Money Saving Expert, Premium Bonds continue to be the UK's largest savings product, with more than 24 million people investing over £122 billion within this government-backed scheme. This highlights the confidence many British savers place in Premium Bonds as they balance the potential for high rewards with the reassurance of guaranteed capital.
With changes to the prize fund rate expected next month, it’s pertinent for bondholders to check their accounts sooner rather than later. The anticipation of prize draws can be thrilling, indicating not only the potential for financial gain but also the hope for unexpected windfalls, which could change lives.
This month’s announcements should prompt all Premium Bonds holders to visit the NS&I website or use the prize checker app to discover if they are among the lucky winners. Whether it's for the thrill of winning or simply out of curiosity, ensuring your details are up-to-date can mean the difference between receiving substantial cash prizes or watching them go unclaimed.
So, have you checked if you’ve won? With names yet to be fully disclosed, it may yet be your turn to join the ranks of winners. While Premium Bonds do not offer guaranteed returns like traditional savings accounts, the allure of winning big keeps millions hopeful. Whether you're just starting your investment or have been holding Premium Bonds for years, don't miss the March 2025 draw results.
Stay tuned for more updates from NS&I, and best of luck to all holders!