LUCKY PREMIUM BONDS SAVER SCOOPS £1M JACKPOT AFTER BUYING £20,000 WORTH... IN FEBRUARY!

The last Premium Bonds prize draw of 2025 has taken place and with it two new millionaires created. 

There are two coveted £1million prizes in NS&I's monthly prize draw with more than 22million holders dreaming of winning one of them each month. 

In the December draw, one of the jackpots was won by a lucky holder based in Cornwall who won on just their 9th draw.  

The winner purchased their winning bond in Febraury 2025 meaning the first draw it was eligible for was the April 2025 draw. They hold £20,000 in Premium Bonds.

The other £1million prize was won by a bond holder based in Norwich who bagged it with a £35,000 holding from a bond they purchased in August 2024. 

The Cornwall winner's win is impressive - our analysis of £1million winners shows the average amount of time it takes to scoop the prize is five years and three months between purchasing a bond and winning. 

The average amount held by £1million prize winners is £24,975. 

Fewer than 100 bond holders have won a Premium Bonds prize in under 12 months since the £1million prize was launched in April 1994 and the Cornwall winner from this month's draw is the 96th person to have done so. 

Only 13 bond holders have won a £1million Premium Bonds prize on their bonds first draw. 

The last time this happened was in July 2020 when a winner from Tyne and Wear won a £1million prize with a £35,000 holdning from a bond bought in May 2020. 

The longest wait for a Premium Bonds saver to win a £1million prize is 45 years which was the case for the now infamous Newham £1million winner who bagged the prize in July 2004 with a £12 holding from a bond purchased in February 1959.

Andrew Westhead, NS&I's retail director says: 'Winning £1 million in less than a year since purchasing their bonds is a great result for our winner from Cornwall.'

2025-12-01T11:35:17Z