In the latest update for December 2025, the Premium Bond results have been revealed, making two fortunate individuals £1 million wealthier. Each month, two individuals are selected as £1 million Premium Bond winners. In the December 2025 draw, the initial winner, residing in Norwich, holds £35,000 in Premium Bonds with the winning bond number 591RD417238 acquired in August 2024. The second winner, based in Cornwall, possesses £20,000 in Premium Bonds with the winning bond number 615WP633178 purchased in February 2025.
Premium Bonds, offered by National Savings & Investment (NS&I), differ from traditional savings products as they involve participants in a monthly prize draw instead of offering a fixed interest rate. Prizes vary from a minimum of £25 to the grand prize of £1 million, although winning is not guaranteed, and most prizes awarded are of smaller denominations.
NS&I Retail Director, Andrew Westhead, congratulated the two festive jackpot winners, emphasizing the joy of celebrating Christmas as millionaires. The December draw boasts over six million prizes, including 77 £100,000 prizes and 153 £50,000 prizes, highlighting the enduring popularity of Premium Bonds among the 22 million bondholders.
Participants can have a maximum of £50,000 invested in Premium Bonds, with each pound invested corresponding to a unique bond number. The odds of winning a prize each month stand at 22,000 to 1 for every £1 bond. Winners are notified via email or text message by NS&I and can choose to receive the prize in their bank account or reinvest it in Premium Bonds.
An online tool and app are available for checking prize results, with the current prize fund rate set at 3.60%. While the prize fund rate has seen a gradual decline recently, leading to a reduction in larger prizes and an increase in smaller prizes awarded, the draw continues to include two £1 million prizes each month. The most recent prize fund cut occurred in the August 2025 draw, bringing the rate down to 3.60%, with nearly 23 million individuals currently holding Premium Bonds.