National Savings and Investment (NS&I) has confirmed which two lucky winners have become the UK's newest millionaires after scooping the top prize in their Premium Bond draw for May 2025.
Unlike regular savings accounts, bond holders do not receive additional interest but are instead enrolled into a prize draw to have the opportunity to win tax-free prizes of up to £1million.
The first £1 million Premium Bond jackpot winner is from Derbyshire.
Their winning Bond number, 462DR240519, was purchased in July 2021, and they hold £25,361 in Premium Bonds.
The second £1 million winner is based in Suffolk.
Their winning Bond number, 300ZZ346515, was purchased in April 2017, and they hold £35,000 in Premium Bonds.
NS&I has confirmed the Premium Bonds winners for May 2025
GETTY/NS&I;Savers can find some details about the high value winners on NS&I's website now, and the Premium Bonds prize checker will be updated tomorrow.
There are plenty of other prizes are available, ranging from £25 to £1 million.
Prize Breakdown for May 2025:
- £1,000,000 – 2 prizes
- £100,000 – 79 prizes
- £50,000 – 157 prizes
- £25,000 – 315 prizes
- £10,000 – 789 prizes
- £5,000 – 1,575 prizes
- £1,000 – 16,556 prizes
- £500 – 49,668 prizes
- £100 – 1,843,199 prizes
- £50 – 1,843,199 prizes
- £25 – 2,185,611 prizes
LATEST DEVELOPMENTS:
NS&I increased the Premium Bonds prize fund rate NS&IThe odds of winning in the monthly Premium Bond prize draw are 22,000 to 1 for every £1 Bond, with a variable annual prize fund rate of 3.80 per cent.
There is no tax on any prizes, as all winnings are completely tax-free. To participate, the minimum investment is £25, while the maximum allowed is £50,000.
ERNIE has drawn more than 5.9 million prizes this month, worth over £413 million.
Amazon Alexa users can enable the Premium Bonds prize checker skill, allowing them to check prizes,
GETTYA total of 5,941,150 prizes worth £413,900,125 will be paid out in the May 2025 prize draw. There were 130,705,305,671 Bond numbers eligible for the draw.
Checking prizes
To check if someone has won a Premium Bond prize, they can use the online prize checker, which displays this month’s prizes, as well as any winnings from the last six draws and older, unclaimed prizes.
The same information is available through the prize checker app, which can be downloaded for free from the Apple App Store or Google Play.
Additionally, Amazon Alexa users can enable the Premium Bonds prize checker skill, allowing them to check prizes, find out when the next results are available, and see if there are any unclaimed prizes.
