In today’s announcement, the winners of the December 2025 Premium Bond draw have emerged, with two individuals claiming £1 million each.
Every month, two lucky Premium Bond holders are awarded £1 million each. The first winner, residing in Norwich, possesses £35,000 in Premium Bonds and secured the winning bond number 591RD417238, obtained in August 2024. Meanwhile, the second winner hails from Cornwall, holding £20,000 in Premium Bonds, with the winning bond number 615WP633178 purchased in February 2025.
Premium Bonds, administered by National Savings & Investment (NS&I), function as a savings product where instead of a fixed interest rate, participants enter a monthly prize draw. Prizes range from £25 to £1 million, but winning is not guaranteed, and most prizes are of smaller denominations.
NS&I Retail Director, Andrew Westhead, extended congratulations to the festive jackpot winners, emphasizing the joy of celebrating Christmas as millionaires. The December draw features over six million prizes, with numerous £100,000 and £50,000 awards, appealing to the 22 million Premium Bond holders.
Participants can accumulate up to £50,000 in Premium Bonds, acquiring a unique bond number for every £1 invested. The odds of winning stand at 22,000 to 1 for each £1 bond. Prize winners receive notifications via email or text from NS&I for fund transfer or reinvestment options.
To check for winnings, individuals can utilize the NS&I online prize checker or the Premium Bonds prize checker app. The current prize fund rate, equivalent to an interest rate, stands at 3.60%. Despite a slight reduction in larger prizes due to rate adjustments, the monthly £1 million prizes persist, with approximately 23 million people engaged in Premium Bonds.
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