The latest Premium Bond results for December 2025 were revealed today, with two fortunate individuals becoming £1 million richer overnight.
Each month, two lucky individuals win £1 million through Premium Bonds. In the recent December 2025 draw, the first winner, residing in Norwich, holds £35,000 in Premium Bonds, with the winning bond number 591RD417238 purchased in August 2024. The second winner, living in Cornwall, possesses £20,000 in Premium Bonds, and their winning bond number 615WP633178 was acquired in February 2025.
Premium Bonds, a savings product offered by National Savings & Investment (NS&I), provide participants with the chance to win prizes through a monthly draw, rather than a fixed interest rate. Prizes range from £25 to £1 million, with the majority being smaller amounts. While winning is not guaranteed, the excitement of potentially winning big attracts over 22 million bondholders.
Andrew Westhead, NS&I Retail Director, congratulated the winners, highlighting the joy of becoming millionaires just in time for Christmas. The December draw featured over six million prizes, including 77 prizes of £100,000 and 153 prizes of £50,000.
The maximum amount allowed to be saved in Premium Bonds is £50,000, with each pound invested corresponding to a unique bond number. The odds of winning a prize each month stand at 22,000 to 1 for every £1 bond.
Winners are notified via email or text message by NS&I and can choose to have their prize deposited into their bank account or reinvested in Premium Bonds. To check if they have won, participants can utilize the NS&I online prize checker tool or the Premium Bonds prize checker app.
The prize fund rate, currently at 3.60%, acts as the closest approximation to an interest rate for Premium Bonds. While the prize fund rate has marginally decreased in recent months, the number of smaller prizes has seen an increase.
Despite the adjustments, two £1 million prizes are still awarded each month. The most recent reduction in the prize fund rate occurred in the August 2025 draw, dropping to 3.60%. Notably, almost 23 million individuals hold Premium Bonds, underscoring the popularity of this savings scheme.
