The latest results for Premium Bonds in November 2025 have been revealed with the announcement of two lucky winners each bagging £1million prizes.
The first fortunate winner, residing in Shropshire, holds the maximum £50,000 in Premium Bonds. Their winning bond number, 258GE105589, was acquired in October 2015. The second £1million winner, hailing from York, also has £50,000 invested in Premium Bonds, with the winning bond number 568FY679677 purchased in February 2024.
Premium Bonds, offered by National Savings & Investment (NS&I), differ from traditional savings products by entering participants into a monthly prize draw rather than providing a fixed interest rate on savings.
Prizes for Premium Bonds range from £25 to £1million, but winning is not guaranteed, with the majority of prizes being smaller amounts. For instance, there are typically thousands of £25 prizes compared to just two £1million prizes.
Participants can hold a maximum of £50,000 in Premium Bonds, with each £1 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.
Andrew Westhead, NS&I Retail Director, congratulated the two jackpot winners, stating that they are now a million pounds richer as they kick off the festive season.
Winners are notified of their prize via email or text message from NS&I and can choose to have the prize money deposited into their bank account or reinvested in Premium Bonds. To check if they’ve won, participants can utilize the NS&I online prize checker tool or the Premium Bonds prize checker app. The current prize fund rate, equivalent to an interest rate for Premium Bonds, stands at 3.60%.
While the prize fund rate has slightly decreased in recent months, leading to a decrease in larger prizes awarded, there are still two £1million prizes up for grabs each month. The most recent reduction in the prize fund rate occurred in the August 2025 draw, bringing it down to 3.60%. Nearly 23 million individuals hold Premium Bonds.