NSI Announces Two £1 Million Premium Bonds Winners

National Savings and Investments announced the winners of its December Premium Bonds prize draw on Friday, creating two new millionaires among more than 22 million participants across the United Kingdom. The monthly tax-free lottery, which replaces traditional interest with chances to win prizes ranging from £25 to £1 million, awarded its two top jackpots to savers in Cornwall and Norwich.

The Cornwall winner secured £1 million with Bond number 615WP633178, purchased in February 2025 as part of a £20,000 investment that remained their total holding for the draw. This marked their ninth eligible draw, a relatively quick win compared to the average of over five years for £1 million prizes since the jackpot's introduction in 1994. The Norwich recipient claimed the second £1 million prize using Bond 591RD417238, bought in August 2024 within a £35,000 holding that stayed unchanged for December. Each £1 invested in Premium Bonds carries equal odds of 22,000 to one for any prize, underscoring the scheme's random nature.

Premium Bonds, available to anyone aged 16 or older and purchasable on behalf of children under 16 by parents or guardians, allow a maximum holding of £50,000 with a...