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Numbers are entered in the draw each month, with an equal chance of winning, until the bond is cashed. As of 2015, each person may own bonds up to £50,000. [4] Since 1 February 2019, the minimum purchase amount for Premium Bonds has been £25. As of January 2025 there are over 128.7 billion eligible Premium Bonds, each having a value of £1.
Every month, savers have the chance to win big prizes as the Premium Bonds winning numbers are announced. There are now 24 million people taking part in the government-backed savings scheme, with ...
A lottery machine is the machine used to draw the winning numbers for a lottery. Early lotteries were done by drawing numbers, or winning tickets, from a container. In the UK, numbers of winning Premium Bonds (which were not strictly a lottery, but very similar in approach) were generated by an electronic machine called ERNIE.
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The first winning bond number drawn was 333XB827779 and belongs to a winner in Outer London. The jackpot winner holds £50,000 in premium bonds and purchased the winning bond in June 2018. The win ...
€240.0 million (US$258.3 million/£205.8 million) was the largest jackpot in the Euromillions history in the pan-European EuroMillions , won on 8 December 2023, the ticket was sold in Austria. [78] £195.7 million was the largest prize won by a British winner in the pan-European EuroMillions in sterling currency, won on 19 July 2022. [78]
In the past the bank offered many of its services through post offices, but in November 2011 it was announced that most products would only be available by phone, online, or by post; Premium Bonds would be the only remaining product sold in post offices. [23]
Scottish Highlands and Wandsworth have new millionaires this month.