Premium Bonds winners announced for May's £413million prize pot - check your numbers

The NS&I Premium Bond prize winners have now been announced for May, and there are more than five million of them. Scooping up the £1million jackpot prizes are two lucky account holders in England.

The first winning bond number of the million-pound prize is 462DR240519 to a bondholder based in Derbyshire. This winner purchased their winning Bond July 2021 and holds £25,361 in Premium Bonds. The second £1million jackpot winner is based in Suffolk. Their winning Bond number is 300ZZ346515, and it was purchased April 2017. They hold a total of £35,000 in Premium Bonds.

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.

The prize fund rate for this month’s prize draw is 3.8%, and the odds of any £1 Bond number winning a prize are 22,000 to one.

Premium Bond holders can easily check the NS&I website, the prize checker app, or simply ask Alexa to see if they've won a prize.

To check on the NS&I website, customers will need their Premium Bonds holder’s number. For the prize checker app, they'll need their NS&I number or holder’s number. People can also check for any unclaimed prizes owed to them.

Currently, 2,547,426 Premium Bonds prizes worth £97,152,875 are waiting to be claimed.

With a minimum investment of £25, each £1 Bond is entered into a monthly draw where savers have the chance to win tax-free prizes ranging from £25 to £1million.

Unlike other savings accounts, Premium Bonds don’t pay interest. Instead, they offer the security of savings backed by HM Treasury with the excitement of potentially winning tax-free prizes.

Prizes are split into three value bands - higher, medium, and lower - and each band receives a percentage share of the monthly prize fund. Prizes in the higher band can range from £1million (only two of these can be won) to £5,000, while the medium and lower bands award people the chance to win between £1,000 and £500, and £100 and £25, respectively.