Premium Bond results for May 2025 have been released - and two people are waking up today £1million richer. The first £1million prize went to one holder in Derbyshire with the winning bond number 462DR240519.

This person holds £25,361 in Premium Bonds, and they purchased their winning bond in July 2021. The second £1million prize has gone to someone living in Suffolk with the bond number 300ZZ346515.

This person holds £35,000 in Premium Bonds and they bought their winning bond in April 2017. A total of 5,941,150 prizes worth £413,900,125 will be paid out in the May 2025 prize draw. There were 130,705,305,671 bond numbers eligible for the draw.

Premium Bonds are a product run by National Savings & Investment (NS&I) but instead of getting interest on your money, you're entered into a monthly prize draw.

Have you won big on Premium Bonds and want to share your story? Let us know by emailing: mirror.money.saving@mirror.co.uk

The prizes start at £25 and go up to £1million - but some months, you may not win anything at all. You get a unique bond number for every £1 invested, and the maximum you can have saved in Premium Bonds is £50,000.

The odds of a bond winning each month are 22,000 to 1 for every £1 bond - but most prizes are for smaller amounts. The prize fund rate - which is described as the the nearest thing Premium Bonds has to an interest rate - is currently 3.80%

You can use the tool, or the Premium Bonds prize checker app, to see if you've won. If you're a winner, you can have the money paid into their bank account, or reinvest it into new Premium Bonds.

You should be emailed or sent a text message from NS&I if you win. Premium Bonds are held by around 22.7 million people.

The latest results come after a new Freedom of Information (FOI) request obtained by AJ Bell revealed that nearly two-thirds of holders, equivalent to just under 14.4 million people, have never won a prize.

Millions more £50 and £100 prizes have been dished out since 2022, and they now make up a larger proportion of winning prizes than the lowest £25 prize. Although the number of higher value prizes has also seen a jump, the vast majority of Premium Bond prizes were worth £100 or less in 2024.

The FOI from AJ Bell shows there is £127.7billion sat in Premium Bonds, with the average overall holding coming in at £5,406. However, the average holding for the 5.1 million Premium Bond holders who won in the last 12 months sits at £23,397, with 80% of those winners winning more than once during that period.

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