Premium Bonds prize NS&I checker: When is February’s draw and who're the winners

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Your help makes all of the distinction. Learn extra Each month, savers have the possibility to win large prizes because the Premium Bonds successful numbers are introduced. There are actually 24 million individuals participating within the government-backed financial savings scheme, with greater than £127bn banked.

Premium bonds are an funding product from the Nationwide Financial savings and Funding (NS&I), which is owned by the federal government. Every month, hundreds of thousands of savers are entered right into a prize draw to win money prizes starting from £25 to £1 million, with two millionaires made at each draw.

Each £1 entered has a 22,000-to-one probability of successful. The minimal funding is £25, whereas the utmost is £50,000.

These financial savings don’t accrue curiosity as with common financial institution accounts, however are put up in opposition to a random digital prize picker known as ‘Ernie’ – the Digital Random Quantity Indicator Gear.

The date of this month’s draw is Monday 2 February. The outcomes of this draw can be found a day later and launched by the NS&I right here.

Who gained the £1 million jackpots this month?

The primary Premium Bonds £1 million successful Bond quantity this month is 489TB013219 and is held by somebody from Central Bedfordshire. They bought the successful Bond in February 2022 and maintain £50,000. They're the second jackpot winner from Central Bedfordshire.

The second Premium Bonds £1 million jackpot Bond quantity is 040QJ919368 held by somebody in Liverpool. They maintain £50,000 and bought their successful Bond in October 2004. They're the fourth to win the £1 million jackpot in Liverpool.

Andrew Westhead, NS&I Retail Director, mentioned: “Congratulations to our two jackpot winners from Central Bedfordshire and Liverpool, who every begin February £1 million richer. ERNIE has unfold the love forward of Valentine's Day and we hope this brings each winners and their family members lots to have a good time.

“It’s not simply in regards to the jackpot winners although; this month we’ve paid out over 6.1 million prizes value greater than £408 million, bringing the whole gained by Premium Bonds holders for the reason that first attract 1957 to £40 billion.”

Get a free fractional share value as much as £100.Capital in danger.

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Get a free fractional share value as much as £100.Capital in danger.

Phrases and circumstances apply.

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What are the probabilities of successful with Premium Bonds?

There are various Premium Bond winners each month, however the precise probability of successful stays pretty low. Most individuals won't ever win a prize, which means their funding will keep the identical. Nevertheless, the scheme can also be risk-free, which means cash gained’t be misplaced both.

Evaluation by cash knowledgeable Martin Lewis discovered that the ‘rate of interest’ on Premium Bonds accounts is 4 per cent when all winnings are thought-about – however notes most individuals gained’t see something like this. Many financial savings accounts within the UK additionally supply a better rate of interest than this, which will probably be much more constant.

The distribution of prizes modifications barely each month. These had been the leads to January 2026:

£1 million x 2£100,000 x 77£50,000 x 156£25,000 x 309£10,000 x 773£5,000 x 1,548£1,000 x 16,276£500 x 48,828£100 x 1,731,056£50 x 1,731,056£25 x 2,635,562 The right way to test should you’ve gained a Premium Bond prize