In the latest announcement, the Premium Bond results for December 2025 revealed that two individuals have become millionaires overnight. Each month, two lucky winners receive £1 million through Premium Bonds. The first winner, residing in Norwich, holds £35,000 worth of Premium Bonds with the winning bond number 591RD417238, purchased in August 2024. The second winner, from Cornwall, has £20,000 in Premium Bonds with the winning bond number 615WP633178, bought in February 2025.
Premium Bonds, offered by National Savings & Investment (NS&I), differ from traditional savings products as they enter participants into a monthly prize draw instead of guaranteeing a fixed interest rate. Prizes range from as low as £25 to as high as £1 million, although winning is not assured, and most prizes are for smaller amounts.
NS&I Retail Director, Andrew Westhead, congratulated the two new millionaires, highlighting the excitement of becoming millionaires just in time for Christmas. December’s draw includes over six million prizes, with 77 prizes of £100,000 and 153 prizes of £50,000. Premium Bonds remain popular, with more than 22 million individuals holding them.
Participants can hold up to £50,000 in Premium Bonds, with each pound invested corresponding to a unique bond number. The odds of winning a prize stand at 22,000 to 1 for each £1 bond. Winners are notified by email or text message and can choose to have their prize deposited into their bank account or reinvested in Premium Bonds.
An online prize checker tool and a dedicated app allow participants to verify if they have won. The current prize fund rate, equivalent to an interest rate for Premium Bonds, is 3.60%. While the prize fund rate has slightly decreased recently, resulting in fewer large prizes and more small prizes, two £1 million prizes are still awarded monthly. The most recent rate adjustment occurred in the August 2025 draw, reducing the rate to 3.60%, with nearly 23 million people holding Premium Bonds.