Two UK savers win £1m each in NS&I Premium Bonds November draw

Two UK savers have each won £1 million in the National Savings and Investments Premium Bonds draw for November 2025, NS&I said, with the jackpot winners based in Shropshire and York and both holding the maximum £50,000 in bonds. The Shropshire prize was won on a bond bought in October 2015, while the York winner’s bond was purchased in February 2024.

NS&I reported that November’s draw produced more than six million prizes with a total prize fund of about £401.1 million. In all, the monthly draw included thousands of high-value awards across prize tiers, and the full list of winners was posted on NS&I’s website. One of the £1 million winners said they plan to travel to Australia first class and buy a new ukulele, describing the win as an “amazing surprise.”

Premium Bonds are a government-backed savings product in which each £1 bond enters a monthly, tax-free prize draw instead of earning interest. Winners are chosen at random by ERNIE, the Electronic Random Number Indicator Equipment that has conducted the draws since 1957. The odds of winning any prize are roughly 1 in 22,000 and savers may hold between a minimum purchase of £25 and a maximum holding of £50,000. Prizes are free...