In a thrilling announcement from National Savings and Investments (NS&I), the results of the May 2025 Premium Bonds draw have revealed two lucky winners who each bagged a staggering £1 million. This news comes as part of a larger prize pool where over 5.9 million prizes were awarded, totaling an impressive £413.9 million.
The first winner, hailing from Derbyshire, secured their life-changing prize with the winning bond number 462DR240519. This bond was purchased in July 2021, and the holder currently has £25,361 invested in Premium Bonds. Meanwhile, the second winner resides in Suffolk and won with bond number 300ZZ346515, having invested £35,000 in Premium Bonds since April 2017.
Overall, the May 2025 draw saw a total of 5,941,150 prizes awarded, with a total prize value of £413,900,125. With 130.7 billion bond numbers eligible for this draw, the odds of winning stood at an exciting 1 in 22,000. The prize fund rate, which serves as a measure of the potential returns from Premium Bonds, is currently set at 3.8%.
For those wondering if they might be among the winners, NS&I provides several ways to check your bond numbers. You can visit the official NS&I website and enter your holder’s number, or use the NS&I Prize Checker App, where you can input either your holder’s number or NS&I number. Additionally, for a hands-free approach, you can simply ask Alexa to check your Premium Bonds.
Interestingly, there are currently 2,547,426 unclaimed prizes worth a total of £97.1 million. This means that many bondholders might still have a chance to claim their winnings, making it worthwhile to check your numbers!
Premium Bonds are a unique savings product offered by NS&I, where instead of earning interest, bondholders have the opportunity to win prizes in a monthly draw. Each £1 invested gives you a unique bond number, and while the maximum amount you can hold in Premium Bonds is £50,000, the prizes range from £25 to £1 million.
The latest draw results indicate that Premium Bonds are held by around 22.7 million people. However, a recent Freedom of Information (FOI) request revealed that nearly two-thirds of these holders, equivalent to just under 14.4 million individuals, have never won a prize. This statistic highlights the competitive nature of the draw, where most prizes tend to be smaller amounts.
In fact, the majority of prizes awarded in 2024 were worth £100 or less, although there has been a noticeable increase in the number of higher-value prizes. The average overall holding among Premium Bond holders is approximately £5,406, while those who have won in the last year tend to hold an average of £23,397, with 80% of them winning more than once during this period.
As excitement builds around the Premium Bonds draw, it’s worth noting that the next draw is scheduled to take place at the start of June 2025. Bondholders are encouraged to keep an eye on their NS&I accounts or enable notifications in the app to stay updated on any potential winnings.
In summary, the May 2025 Premium Bonds draw has not only made two individuals millionaires but has also highlighted the ongoing popularity of this savings product. With millions of prizes still waiting to be claimed, the thrill of the draw continues to capture the imagination of savers across the UK.
As the next draw approaches, the anticipation of winning remains high, and for those who have yet to experience the joy of winning, there’s always the next chance to strike it lucky. So, check your numbers and stay hopeful!
