NS&I announces new £1million winners for December 2023 Premium Bonds prize draw

Premium Bonds winner looks happy

NS&I has announced details about the new £1million Premium Bonds prize winners for the December 2023 draw

Jessica Sheldon

By Jessica Sheldon

Published: 01/12/2023

- 08:20

Updated: 01/12/2023

- 10:22

NS&I updates the Premium Bonds prize checker on the second day of each month

NS&I has announced some details about the high value prize winners for the December 2023 Premium Bonds prize draw, including the two savers who have woken up £1million richer.

This month, the first £1million jackpot winner came from York.

They purchased the Winning Bond - 481BJ590233 - in December 2021.

The second jackpot winner is from Essex, having bought the Winning Bond - 28FD335334 - in March 2000.

Premium Bonds prize checker app shows unclaimed prizes

Premium Bonds savers can use NS&I's prize checker app to check for unclaimed prizes


Among the second highest value prize winners, who scooped £100,000 each, were several savers who had only bought their Winning Bond this year.

This includes a winner from Avon, who bought the 549SC328491 Bond this August.

There was a total of 91 winners of a £100,000 prize this month and 181 people won a £50,000 prize.

Andrew Westhead, NS&I Retail Director, said: “A very big well done and congratulations to this month’s millionaires from York and Essex. We hope they each enjoy their jackpot win from ERNIE, just in time to make this Christmas season extra special.

"It’s been a bumper year for Premium Bonds and we end 2023 with more than 63 million prizes drawn, worth over £4.6billion."

NS&I will update the Premium Bonds prize checker tomorrow, on the second day of the month.

The jackpot winners should be aware they've won, having received a visit from NS&I's "Agent Million".

The odds of winning per £1 Bond number in the Premium Bonds prize draw stand at 21,000 to one.

All Premium Bonds prizes are tax-free, however, there's no guarantee savers will earn anything on their savings.

The minimum amount a person can hold in Premium Bonds is £25.

The upper limit stands at £50,000 per person.

NS&I savers were recently warned the interest rates offered on savings products could soon drop, after NS&I surpassed its fundraising target for this tax year in the second quarter.

Laura Suter, head of personal finance at AJ Bell, said: “Savers should brace themselves for rate cuts on NS&I accounts and for the Premium Bonds prize fund to fall – as the Government-backed provider has already exceeded its fundraising target for the tax year.

The latest unaudited quarterly results showed a half-year total of £9.8billion, with the Net Financing target for the tax year standing at £7.5billion (+/- £3billion).

Ms Suter added: “It gives the provider generous wiggle-room of £3billion either side of that target, meaning it can only raise another £700million in the next six months before it breaches its extended target.

“All this technical detail has a direct impact on savers, who will see NS&I accounts become less attractive in the coming months.

“The Government-backed provider raises rates to draw more savers in – if it doesn’t need to attract any more money it will cut those rates.”

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