Premium Bonds prize checker is updated by NS&I – are you among May 2021 winners?

Premium bonds: Expert explains the 'Ernie' machine

When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time.

Some details about this month’s Premium Bonds winners have been revealed by the Government-backed savings provider. This includes information about whereabouts the two jackpot winners are from.

This month, two men have secured the £1million prize payouts.

The first winner is from Surrey, and his Winning Bond is 436VB112388.

He only bought this Bond a matter of months ago, in February 2021.

This winner holds a total of £43,590 in Premium Bonds.

The second Bond number to be drawn was 340LX170519.

It belongs to a man from Wiltshire, who purchased it in September 2018.

In total, he has a holding of £34,000 in Premium Bonds.

Customers are able to see if they have won a prize via various ways.

This includes the prize checker on the NS&I website –

There is also an official prize checker app, and results can be checked via Amazon Alexa-enabled devices.

The prize checkers are updated by the second working day of the month, which in May 2021, is today – Wednesday May 5.

To use the prize checker on the website, customers will need their Premium Bonds holder’s number.

For the prize checker app, they will either need their NS&I number or holder’s number to check.

This month, there was a total of 3,123,205 prizes available.

In total, they were worth a huge £89,792,075 – including two jackpot prizes of £1million.

The lowest prize value is £25, and this month, there was 3,057,467 of these prizes available.

The minimum investment a person can make in Premium Bonds is £25, while the maximum holding is £50,000 per person.

Currently the odds of winning a prize in the monthly draw stand at 34,500 to one per £1 Bond number.

Winners will no doubt be pleased to know that all Premium Bonds prizes are free of UK Income Tax.

They are also free of Capital Gains Tax.

Source: Read Full Article