NS&I Premium Bonds Prize Checker

Check if you've won in the monthly Premium Bonds prize draw

Check Your Prizes Now

About Premium Bonds

What are Premium Bonds?

Premium Bonds are a unique savings product from NS&I (National Savings and Investments), backed by HM Treasury. Unlike traditional savings accounts that pay regular interest, Premium Bonds offer tax-free prizes in monthly draws, ranging from £25 to £1 million.

Each £1 bond has an equal chance of winning, and you can hold between £25 and £50,000 in Premium Bonds. The prize fund rate currently determines the odds of winning for each £1 Bond number.

Latest Prize Information

The current prize fund rate is updated monthly, affecting your chances of winning. Premium Bonds use ERNIE (Electronic Random Number Indicator Equipment), a sophisticated random number generator, to ensure fair and completely random prize allocation.

Prize breakdown typically includes:

  • £1 million (2 prizes per month)
  • £100,000 prizes
  • £50,000 prizes
  • £25,000 prizes
  • And many more smaller denominations

Benefits of Premium Bonds

100% Security

Your money is fully protected as NS&I is backed by HM Treasury, offering complete security for your savings.

Tax-Free Prizes

All prizes won from Premium Bonds are completely tax-free, making them an attractive savings option for UK residents.

Easy Access

You can cash in your Premium Bonds at any time, with no penalty or notice period required.

Complete Guide to Checking Your Prizes

There are several ways to check if you've won a Premium Bonds prize. Here's our comprehensive guide to each method:

1

Online Prize Checker

The fastest and most convenient way to check your prizes. Simply visit the NS&I website through our link and enter your holder's number.

What you'll need:

  • Your NS&I holder's number
  • Internet access
2

NS&I Mobile App

Download the official NS&I app to check your prizes on the go and manage your Premium Bonds.

Features:

  • Prize history
  • Account management
  • Instant notifications
3

Amazon Alexa

Enable the Premium Bonds prize checker skill on your Alexa device for voice-activated prize checking.

Frequently Asked Questions

How often are Premium Bonds prizes drawn?

Prize draws take place at the beginning of every month. ERNIE randomly generates winners from all eligible Bond numbers. Results are usually announced by the second working day of each month.

What prizes can I win with Premium Bonds?

Prizes range from £25 to £1 million. Each month, there are typically two £1 million jackpot prizes, along with other prizes of various amounts. The prize distribution is reviewed and updated regularly by NS&I.

How are winners selected?

Winners are selected randomly by ERNIE (Electronic Random Number Indicator Equipment). Each £1 Bond has an equal chance of winning, regardless of when or where it was bought.

What happens if I win a prize?

If you win, NS&I will notify you by email or post, depending on your chosen communication preferences. Prizes can be paid directly into your bank account, reinvested in more Premium Bonds, or sent to you by warrant (like a cheque).

Tips for Premium Bonds Holders

Keep Your Details Updated

Ensure NS&I has your current email address and bank details to receive prize notifications and payments promptly.

Check Regularly

Make it a habit to check your prizes monthly. There's no time limit on claiming prizes, but why wait to find out if you've won?

Consider Prize Options

You can choose to have prizes paid directly to your bank account, reinvested in more Premium Bonds, or sent by warrant.