NS&I has officially announced the Premium Bonds prize winners for February 2025, with two lucky bondholders taking home £1 million each. The draw has also awarded hundreds of other cash prizes, ranging from £25 to £100,000.
Who Won the £1 Million Jackpot?
This month’s two £1 million Premium Bonds jackpot winners are:
| Winner’s Location | Winning Bond Number | Bond Purchase Date | Bond Value |
|---|---|---|---|
| Kirklees | 150EN423722 | January 2009 | £5,000 |
| Sheffield | 513EP525664 | September 2022 | £10,000 |
These winners join the exclusive club of Premium Bonds millionaires, thanks to NS&I’s Electronic Random Number Indicator Equipment (ERNIE), which selects winners every month.
Other Big Premium Bonds Wins in February
Aside from the two £1 million winners, several other lucky Premium Bond holders won substantial prizes:
- £100,000 winner – A lucky winner from Inner London had just £100 in Bonds before landing the huge prize.
- £50,000 winner – Another winner from Bristol had only £300 in Premium Bonds before striking it big.
- £25,000 winner – A long-time investor from Liverpool finally won on a bond they purchased almost 50 years ago, in July 1976.
These stories highlight how every bond, regardless of value or purchase date, has an equal chance of winning.
How Likely Are You to Win?
The current odds of a £1 winning a prize stand at 22,000 to 1, meaning the more Bonds you hold, the higher your chances of winning.
| Prize Amount | Estimated Winners Each Month |
|---|---|
| £1,000,000 | 2 winners |
| £100,000 | Several winners |
| £50,000 | Multiple winners |
| £25,000 | Dozens of winners |
| £10,000 – £5,000 | Hundreds of winners |
| £1,000 – £500 | Thousands of winners |
| £100 – £25 | Millions of winners |
Tip: Many investors choose to reinvest their winnings into more Premium Bonds to increase their future chances of winning.
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How to Check If You’ve Won
To see if you won a prize in February’s Premium Bonds draw, follow these steps:
- Use the NS&I Online Prize Checker – Available on the NS&I website.
- Download the NS&I Prize Checker App – Available for iOS and Android.
- Call NS&I – Use their automated phone service to check your numbers.
- Wait for a Letter or Email – NS&I notifies winners via post, email, or text.
Unclaimed Premium Bond Prizes: Over 2.5 million prizes remain unclaimed, including:
- 8 prizes of £100,000
- 12 prizes of £50,000
- 200+ prizes worth £5,000 or more
Check your old Bonds – You might have unclaimed winnings!
How to Buy More Premium Bonds
Premium Bonds are a safe, tax-free investment where you can win cash prizes instead of earning interest. To buy or reinvest, you can:
- Purchase online via the NS&I website
- Call NS&I’s helpline
- Send an application via post
The minimum investment is £25, and the maximum holding per person is £50,000.
FAQs
1. How does ERNIE select winners?
ERNIE (Electronic Random Number Indicator Equipment) generates random numbers to select winning Bonds each month.
2. Are Premium Bonds winnings tax-free?
Yes, all prizes are 100% tax-free in the UK.
3. Can I reinvest my winnings into more Bonds?
Yes, many winners reinvest their prizes to increase their chances in future draws.
4. What happens to unclaimed prizes?
NS&I keeps unclaimed prizes indefinitely. You can check and claim old winnings anytime.
5. Is there a deadline for claiming prizes?
No, Premium Bonds prizes never expire. If you have old Bonds, check them to see if you’ve won!
Conclusion
The February 2025 Premium Bonds draw has once again changed lives, with two lucky winners taking home £1 million each.
With millions of other cash prizes awarded, it’s worth checking if you’re one of the lucky winners. Whether you’ve held Premium Bonds for decades or just a few months, every bond has a chance to win!
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