Each month, two fortunate folks change into instantaneous millionaires when premium bonds are drawn – and lots extra obtain a great addition to their financial institution accounts after they win decrease prizes.
The Nationwide Financial savings & Investments (NS&I) bonds have been launched many years in the past and now hand out thousands and thousands of kilos in prizes throughout every year.
However what are premium bonds and when are they drawn? From the important thing dates to methods to increase your probabilities, right here’s what you should know.
Premium Bonds are investments which were provided by NS&I since 1956.
They’re primarily financial savings accounts, however as an alternative of receiving common curiosity funds, bondholders with £25 or extra are entered into month-to-month prize draw for a tax-free sum.
There are two £1 million winners every month, and different prizes vary from £100 to £100,000. In accordance with the NS&I web site, the chances of successful are 22,000-to-one.
When are Premium Bonds drawn?
Premium Bond prizes winners are randomly picked out on the primary working day of every month.
The complete checklist of draw dates for 2025 as follows:
- Thursday 2 January
- Monday 3 February
- Monday 3 March
- Tuesday 1 April
- Thursday 1 Could
- Monday 2 June
- Thursday 1 July
- Friday 1 August
- Monday 1 September
- Wednesday 1 October
- Monday 3 November
- Monday 1 December.
The way to examine when you’ve got gained
Merely go to the prize checker and enter your holder’s quantity to see for those who’ve gained. In the event you’ve not checked in for some time, you’ll additionally be capable to see if there are any wins you’ve missed.
The way to increase your possibilities of successful within the premium bonds draw
Each £1 bond has the identical likelihood of successful – so the one approach to increase your probabilities is to have more cash in them.
The utmost quantity one individual is allowed to have is £50,000 value.
