The Premium Bond winners for February 2025 have been announced by National Savings and Investment (NS&I).
The first of the million pound winning numbers is 150EN423722, which is held by one lucky person in Kirklees and was bought in January 2009.
The second is 513EP525664, which was bought in Sheffield in September 2022.
Amount of Premium Bond prizes in February
Every month only two winners take home £1 million but plenty of other prizes are available.
The odds of winning are around 22,000 to one. There around 82 prizes of £100,000 and an estimated 166 prizes of £50,000.
The prize fund rate for Premium Bonds has become become less generous from the January 2025 draw, NS&I announced late last year.
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It has reduced to 4%, down from 4.15%, the Treasury-backed savings giant said.
NS&I, which is backed by the Treasury, has a duty to balance the needs of savers, taxpayers and the wider financial market.
Andrew Westhead, NS&I retail director, said: “We carefully review our savings rates in response to changes in the broader market.
“These adjustments help us meet our net financing target while balancing the interests of our savers, taxpayers and the wider financial services sector.
“Premium Bonds remain a popular choice for millions of savers, backed by the 100% Government guarantee, with the January 2025 draw set to deliver over 5.8 million tax-free prizes worth more than £431 million.”
How to check if you have won on Premium Bonds
You can check your account via the NS&I website.
Prize draws are conducted every month and prizes up to £1,000,000 are given away.
To find out if you have ever won a Premium Bonds prize, you will need to dig out your holder's information and head over to the prize checker.
You will need your holder’s number which you can find on your bond record, or in the app.
You can also use your NS&I number which you should be able to find on any communication about your bonds.
Premium Bonds are the UK's biggest savings product, with more than 24 million people saving over £122 billion in them, according to Money Saving Expert.
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