The best investment of last year? Premium Bond saver wins £100,000 with a £100 bond – see all winners

A Premim Bonds holder has won a £100,000 prize in May’s prize draw from a £100 asset he bought just over a year earlier.

The lucky winner, based in Inner London, put the £100 into Premium Bonds in March 2023, meaning they achieved a whopping 99,900 per cent return in just over a year.

Meanwhile, another Premium Bonds holder from West Yorkshire has scooped a £50,000 prize from an holding of £125 worth of bonds he bought in June 2018.

Luck of the draw: This month’s Premium Bond winners include a £100,000 prize, won by an NS&I customer with £100 in Premium Bonds

Two lucky Premium Bonds holders will emerge in May as millionaires having won the £1 million Premium Bonds jackpot prizes.

One of the coveted £1 million jackpot prizes was won by a Premium Bonds customer from Hampshire, with a holding of £45,000. The winning bonds were purchased in September 2022.

The other prize of £1 million was won by a saver based in Outer London, who held £10,575 worth of Premium Bonds. Their winning bonds were purchased in July 2020.

Premium bond winners

Price Area Value of the bond
£1,000,000 Hampshire and the Isle of Wight £24,900
£1,000,000 Outside London £10,000
£100,000 Berkshire £15,000
£100,000 North Yorkshire £14,400
£100,000 Outside London £39,980
£100,000 Leicester £300
£100,000 Ealing £980
£100,000 Essex £8,875

Even more winners from May 2024

View the list of May 2024 winners

This month, 45 percent of the highest value prizes – the £1 million, £100,000 and £50,000 prizes – were won by customers with a maximum holding of £50,000, This is Money analysis shows.

A total of 5,888,574 prizes worth £453,420,125 will be paid out during the May 2024 prize draw.

There were two £1 million prizes this month, 87 £100,000 prizes and 173 £50,000 prizes.

Andrew Westhead, NS&I retail director, said: “Congratulations to our two new millionaires from Hampshire and Outer London. We’re pleased to be able to bring smiles to so many people every month with our tax-free prizes, ranging from £25 to £1 million.

‘This year we celebrate thirty years since ERNIE attracted our very first millionaire. The total prize pool for May was over £453 million, with over 5.8 million prizes drawn.

‘Every £1 Bond has an equal chance of winning, so the more you save, the more likely you are to win a tax-free prize.’