Every month, the saver has a chance Win big awards In form of Premium bond The winning number is announced. Now 24 million people are participating in the government supported Saving Scheme, with more than £ 127bn banks.
Outward value Bond There are one Investment product By national Saving And investment (NS and me), Which is owned by the government. Every month, millions of saves are entered into an award draw to win cash. award From £ 25 to £ 1 million, it is built in every draw with two millionaires.
Each £ 1 has a chance to win from 22,000 to one. The minimum investment is £ 25, while the maximum is £ 50,000.
These savings do not earn interest with regular bank accounts, but a random digital prize is placed against the picker called ‘Erney’ – electronic random number indicator tools.
This month’s draw date Monday 2 JuneThe results of this draw are released by NS & I. Here,
What is the possibility of winning?
Many premium bonds are winners every month, but the real chance to win is very low. Most people will never win the award, which means their investment will remain the same. However, this plan is also risk-free, which means Wealth Will not be lost either.
Analysis by money expert Martin Lewis It was found that the ‘interest rate’ on premium bond accounts is 4 percent when all wins are considered – but most people will not see anything like this. Many savings accounts in the UK also provide higher interest rates than this, which will be more consistent.
The distribution of awards changes slightly every month. Here were the results in January 2025:
- £ 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 live
To check if you have won the award on a premium bond, you can go NS & I Checker on its website And enter your bond number.
There is also an NS and I app that allows the saver to check the moving results.
