Premium Bond results for December 2025 were unveiled today, bringing fortune to two individuals who are now £1 million richer.
Every month, two fortunate individuals win £1 million each through Premium Bonds. In the latest draw for December 2025, the initial £1 million winner resides in Norwich and holds £35,000 worth of Premium Bonds. Their winning bond number, 591RD417238, was acquired in August 2024. The second £1 million winner, based in Cornwall, possesses £20,000 in Premium Bonds, with their winning bond number being 615WP633178, purchased in February 2025.
Premium Bonds, a savings product offered by National Savings & Investment (NS&I), offer a unique twist by entering investors into a monthly prize draw instead of providing a fixed interest rate on their money.
While the prize range varies from £25 to £1 million, winning is not guaranteed, making some months yield no returns on Premium Bonds. The majority of prizes distributed monthly are smaller in value.
NS&I Retail Director, Andrew Westhead, extended congratulations to the latest jackpot winners, emphasizing the festive joy of becoming millionaires in time for Christmas. The December prize pool includes over six million prizes, with 77 prizes worth £100,000 and 153 prizes worth £50,000 up for grabs. Premium Bonds remain popular during the festive season, with over 22 million individuals holding Bonds.
Each investor can save up to £50,000 in Premium Bonds, receiving a distinct bond number for every £1 invested. The odds of winning a prize each month stand at 22,000 to 1 for each £1 bond.
Upon winning a prize, recipients will receive an email or text notification from NS&I, allowing them to choose between having the money deposited into their bank account or reinvesting it in Premium Bonds.
To check if they have won, investors can utilize the NS&I online prize checker tool or the Premium Bonds prize checker app. Currently, the prize fund rate, equivalent to an interest rate for Premium Bonds, stands at 3.60%.
In recent months, the prize fund rate has experienced a gradual decline, resulting in a slight decrease in the number of larger prizes awarded while increasing the number of smaller prizes distributed.
Despite these changes, two £1 million prizes are still awarded each month. The most recent adjustment to the prize fund rate occurred in the August 2025 draw, where it was reduced to 3.60%. Nearly 23 million individuals are invested in Premium Bonds.