In today’s announcement, the results for November 2025 Premium Bonds were revealed, unveiling the fortunate recipients of two £1 million prizes. The first winner, who hails from Shropshire, holds the maximum £50,000 in Premium Bonds and secured the jackpot with bond number 258GE105589 purchased in October 2015. The second £1 million winner resides in York, also possessing £50,000 in Premium Bonds, with the winning bond number 568FY679677 acquired in February 2024.
Premium Bonds, a savings product offered by National Savings & Investment (NS&I), differ from traditional savings accounts by entering holders into a monthly prize draw instead of providing a fixed interest rate. Monthly prizes range from £25 to £1 million, with the majority of prizes falling on the lower end. Winning is not guaranteed, making some months devoid of returns on Premium Bonds.
Individuals curious about their Premium Bonds winnings can utilize the NS&I online prize checker tool or the Premium Bonds prize checker app. Winners are notified via email or text message by NS&I and can opt to have the prize money deposited directly into their bank account or reinvested in Premium Bonds. The current prize fund rate, equivalent to an interest rate for Premium Bonds, sits at 3.60%.
Andrew Westhead, NS&I Retail Director, extended congratulations to the two jackpot victors, emphasizing their enhanced festive celebrations with an additional million pounds each. Despite a gradual decline in the prize fund rate over recent months, resulting in a slight decrease in larger prizes awarded, the frequency of smaller prizes has risen. Notwithstanding these adjustments, two £1 million prizes continue to be distributed monthly, with the most recent prize fund reduction occurring in the August 2025 draw to 3.60%. An estimated 23 million individuals hold Premium Bonds, highlighting its enduring popularity among savers.
