The January 2026 Premium Bond results were revealed today, bringing a windfall of £1 million to two lucky individuals.
One of the winners, residing in Suffolk, holds the maximum £50,000 in Premium Bonds and secured the prize with bond number 570QM451332 purchased in February 2024.
The second £1 million winner, from Berkshire, also invested £50,000 in Premium Bonds. Their winning bond number, 377PG290829, was acquired in December 2019.
Premium Bonds, offered by National Savings & Investment (NS&I), differ from traditional savings accounts by entering holders into a monthly prize draw instead of providing a fixed interest rate.
If you have a winning story to share from your Premium Bonds experience, feel free to reach out to us at mirror.money.saving@mirror.co.uk
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Prizes for Premium Bonds range from £25 to £1 million, with more smaller prizes distributed compared to the larger sums, including thousands of £25 prizes alongside two £1 million prizes each month.
Participants can hold a maximum of £50,000 in Premium Bonds, with each £1 invested assigned a unique bond number and odds of winning set at 22,000 to 1 per bond every month.
Winners are notified of their prizes via email or text message by NS&I and can choose to receive the money in their bank account or reinvest it into Premium Bonds. They can also utilize the online prize checker tools provided by NS&I.
The current prize fund rate for Premium Bonds stands at 3.60%, remaining unchanged since the August 2025 draw. However, the rate has been gradually decreasing, impacting the distribution of larger prizes in favor of more smaller prizes.
Despite the changes, two £1 million prizes continue to be awarded monthly, with over 24 million individuals currently holding Premium Bonds.
Recent data shared