Premium Bond Prize Checker: When is the January NS&I draw and have I won?

KANIKA SINGH RATHORE,

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Every month, savers get the chance win big prizes In form of premium bond The winning numbers are announced. Now 24 million people are participating in it supported by the government savings The scheme, with more than £127bn in the bank.

premium price bond are one investment products from national savings and investment (NS&I), which is owned by the government. Every month, millions of savers are entered into prize draws to win cash award Ranging from £25 to £1 million, each draw creates two millionaires.

There is a 1 in 22,000 chance of winning every £1 entered. The minimum investment is £25, while the maximum is £50,000.

in savings Do not earn interest like regular bank accounts, but are held against the electronic random number indicator device – a random digital prize picker called ‘Ernie’.

This month’s draw date is friday 2 januaryThe results of this draw will be available and released after a day NS&I Here,

What are the chances of winning with Premium Bonds?

There are many premium bond winners every month, but the actual chances of winning are very low. Most people will never win the prize, which means their investment will remain the same. However, this plan is also risk-free Wealth Will not be lost either.

analysis by Wealth expert martin lewis Found that at ‘interest rate’ premium bond When all winnings are considered the accounts are 4 percent – ​​but note most people won’t see anything like that. Many savings accounts in the UK offer even higher interest rates than this, which will be much more consistent.

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distribution of award There is a slight change every month. The results in January 2025 were:

  • £1 million x 2
  • £100,000 x 82
  • £50,000 x 163
  • £25,000 x 328
  • £10,000 x 818
  • £5,000 x 1,636
  • £1,000 x 17,163
  • £500 x 51,489
  • £100 x 1,987,844
  • £50 x 1,987,844
  • £25 x 1,803,871

How to check if you have won a Premium Bond Prize

To check if you have won any prize on Premium bondyou can visit NS&I checker on your website And enter your bond number.

There’s also an NS&I app that lets savers check results on the go.

Uk