A Premium Bonds saver wins a £1 million prize after just three draws
A Premium Bonds saver wins a £1 million prize after just three draws
Two Premium Bond savers have won the top £1 million prizes with bonds bought in the past eight months.
One of the winners, based in Essex, bought the winning bond in April 2023.
National Savings and Investments says this was only the third drawing since the purchase, with the winner saving a total of £23,000 in Premium Bonds.
The other jackpot was won by a saver in Hereford and Worcester. They bought their winning bond in December 2022 and capped at £50,000.
Speedy: Both winners of this month’s £1 million jackpot bought their bonds in the past eight months
Jill Waters, director of retail at NS&I, said: ‘Both of our winners waited less than a year to hit the jackpot, one winning after eight months and the other after just four months.
“This shows that there are big prizes to be won at any time, no matter how long you have had your Premium Bonds. We hope all our millionaires enjoy their winnings.
‘The premium rate of Premium Bonds has now reached 4 per cent, the highest since 2007, meaning we will pay out over £404 million in prizes this month to lucky winners across the country.’
Notable winners this month
A West Sussex bondholder won a prize of £100,000 from holdings of just £3,075.
There was also an element of beginner’s luck. A £100,000 prize winner, based in South Gloucestershire, bought the winning bond in June 2023, meaning this was their bond’s first draw.
As a true sign that good things are coming for those who wait, a bondholder based in Greater Manchester will receive £25,000 with a total holding of just £215. They bought the winning bond in November 1983.
Bounty bond winners
| Price | Area | Bond value |
| £1,000,000 | Hereford and Worcester | £50,000 |
| £1,000,000 | Essex | £23,000 |
| £100,000 | Sheffield | £30,000 |
| £100,000 | Norfolk | £49,000 |
| £100,000 | Within London | £49,990 |
| £100,000 | Hampshire and the Isle of Wight | £5,000 |
| £100,000 | West Midlands | £50,000 |
| £100,000 | Bridgend and Neath Port Talbot | £10,000 |
More winners from August 2023
Premium Bonds remain the country’s most popular savings product with approximately 21 million savers.
At the August draw, the prize money percentage rose to 4 per cent and the odds improved from 24,000 to 1 to 22,000 to 1, meaning that each £1 bond now has the best chance of winning a prize in nearly 15 years.
An additional £30 million was also added to the prize fund this month, with an additional 455,390 prizes available for bondholders to win.
A prize pool of over £404 million will be awarded to winners across the country.