The results for the December 2025 Premium Bond draw were revealed today, bringing fortune to two individuals who are now £1 million richer.
Each month, two lucky individuals win £1 million through the Premium Bonds scheme. In the latest draw, the first winner hails from Norwich, holding £35,000 worth of Premium Bonds purchased in August 2024 with the winning bond number 591RD417238. The second winner resides in Cornwall, owning £20,000 in Premium Bonds bought in February 2025, with the winning bond number 615WP633178.
Premium Bonds, offered by National Savings & Investment (NS&I), operate as a unique savings product where instead of earning a fixed interest rate, participants are entered into a monthly draw for various cash prizes. The prizes range from £25 to £1 million, with the majority of winners receiving smaller amounts.
Andrew Westhead, NS&I Retail Director, congratulated the winners, highlighting the festive cheer brought by their newfound wealth. He noted the significant number of prizes available in December, such as 77 prizes of £100,000 and 153 prizes of £50,000. Currently, over 22 million people hold Premium Bonds, with a maximum investment limit of £50,000 per individual.
Winners are notified via email or text message by NS&I, allowing them to choose to have their prize money 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, with the current prize fund rate standing at 3.60%.
While the prize fund rate has slightly decreased recently, leading to a reduction in larger prizes and an increase in smaller ones, two £1 million prizes are still awarded monthly. The most recent adjustment to the prize fund rate occurred in the August 2025 draw, now set at 3.60%. Nearly 23 million individuals are part of the Premium Bonds program.