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

[ad_1] Your help helps us to inform the story From reproductive rights to local weather change to Massive Tech, The Unbiased is on the bottom when the story is growing. Whether or not it is investigating the financials of Elon Musk's pro-Trump PAC or producing our newest documentary, 'The A Phrase', which shines a lightweight on the American ladies preventing for reproductive rights, we all know how vital it's to parse out the information from the messaging.

At such a essential second in US historical past, we'd like reporters on the bottom. Your donation permits us to maintain sending journalists to talk to either side of the story.

The Unbiased is trusted by Individuals throughout your entire political spectrum. And in contrast to many different high quality information shops, we select to not lock Individuals out of our reporting and evaluation with paywalls. We imagine high quality journalism ought to be obtainable to everybody, paid for by those that can afford it.

Your help makes all of the distinction. Learn extra Each month, savers have the prospect to win massive prizes because the Premium Bonds successful numbers are introduced. There at the moment are 24 million folks 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, thousands and 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 Tools.

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

Who received the £1 million jackpots this month?

The primary premium bonds £1 million successful quantity this month is 570QM451332 – an account holder from Suffolk. They bought the successful bond lower than two years in the past in February 2024 and maintain £50,000. They're the eleventh jackpot winner from Suffolk.

The second quantity is 377PG290829, belonging to somebody in Berkshire. They’ve held £50,000 since December 2019. They're the fifth individual to win the £1 million jackpot in Berkshire.

Andrew Westhead, NS&I Retail Director, stated: “We're delighted to kick off 2026 by creating our first Premium Bonds millionaires of the yr in Suffolk and Berkshire.

“The jackpot winners aren't the one ones celebrating. This month, ERNIE drew greater than six million tax-free prizes price over £406 million, bringing a cheerful new yr to savers throughout the nation.

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

Phrases and situations apply.

Go to web site ADVERTISEMENT

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

Phrases and situations apply.

Go to web site ADVERTISEMENT

“Premium Bonds holders can test in the event that they've received a prize from Saturday, 3 January on our fast and straightforward NS&I prize checker app.”

What are the probabilities of successful with Premium Bonds?

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

Evaluation by cash skilled 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 received’t see something like this. Many financial savings accounts within the UK additionally supply the next rate of interest than this, which shall be way more constant.

The distribution of prizes modifications barely each month. These had been the ends in 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 Learn how to test should you’ve received a Premium Bond prize