Today, the results for the December 2025 Premium Bond draw were revealed, bringing good fortune to two individuals who are now £1 million richer.
Every month, two lucky individuals win £1 million each through the Premium Bonds scheme. In this month’s draw, the first winner hails from Norwich and holds £35,000 in Premium Bonds, with the winning bond number 591RD417238 purchased in August 2024.
The second £1 million winner resides in Cornwall and has £20,000 invested in Premium Bonds, with the winning bond number 615WP633178 acquired in February 2025.
Premium Bonds, offered by National Savings & Investment (NS&I), operate as a savings product where instead of receiving a fixed interest rate, participants are entered into a monthly prize draw.
The prizes awarded each month range from £25 to £1 million, with the majority being smaller sums. Winning is not guaranteed, so some months may result in no returns on Premium Bonds.
If you have had a significant win with Premium Bonds and would like to share your story, feel free to reach out via email at mirror.money.saving@mirror.co.uk
For instance, while thousands of £25 prizes are typically distributed, there are only two £1 million prizes.
Andrew Westhead, NS&I Retail Director, congratulated the two recent Premium Bonds jackpot winners, stating that they can now celebrate Christmas as millionaires. He highlighted the numerous prizes available in December, including 77 prizes of £100,000 and 153 prizes of £50,000, emphasizing the popularity of Premium Bonds with over 22 million participants.
The maximum amount allowed to be saved in Premium Bonds is £50,000, with each £1 investment generating a unique bond number. The odds of winning a prize each month stand at 22,000 to 1 for every £1 bond.
If you win a prize, NS&I will notify you via email or text message, and you can choose to have the funds deposited into your bank account or reinvested in Premium Bonds.
To check if you’ve won, you can utilize the NS&I online prize checker tool or the Premium Bonds prize checker app, with the current prize fund rate standing at 3.60%.
The prize fund rate has slightly decreased in recent months, leading to a reduction in larger prize amounts and an increase in smaller prizes awarded.
Despite these changes, the scheme still offers two £1 million prizes each month, with the most recent prize fund adjustment occurring in the August 2025 draw, setting the rate at 3.60%. Nearly 23 million individuals are currently participating in the Premium Bonds program.