National Savings and Investments (NS&I) has revealed the winners of its highly anticipated June 2026 Premium Bonds draw, with two fortunate individuals becoming instant millionaires. The two top prizes of £1 million each were awarded to bondholders in Dorset and South Yorkshire, bringing a significant boost to their savings.
Beyond the top two prizes, the draw saw a total of over £470 million distributed across 5.7 million prizes. These ranged from the minimum £25 prize up to substantial sums of £100,000, £50,000, and £25,000, impacting millions of savers across the United Kingdom. The full list of winners for prizes from £1,000 to £1 million is now available, allowing bondholders to check if their numbers have come up.
Premium Bonds, a popular savings product offered by NS&I, do not pay interest. Instead, they enter bondholders into a monthly prize draw, with all winnings being tax-free. The current prize fund rate is set at 4.40%, meaning that for every £100 invested, an average of £4.40 is paid out in prizes over the year. However, individual returns vary significantly as the outcome is based purely on chance.
With over £122 billion invested across more than 22 million customers, Premium Bonds remain one of the most widely held savings products in the UK. Savers can hold between £25 and £50,000 in Premium Bonds, with each £1 bond representing one entry into the monthly draw. NS&I highlights that the odds of any single £1 bond winning a prize are 21,000 to 1.
Winners of larger prizes are typically notified directly by NS&I. However, all bondholders are encouraged to check their results through the NS&I website, using the prize checker tool, or via the official NS&I app. Unclaimed prizes, which can accumulate over time if bondholders move without updating their details, are a persistent issue, with NS&I regularly urging savers to ensure their contact information is up to date.
The June draw continues NS&I's long-standing tradition of offering a unique way to save, combining the security of government-backed savings with the excitement of a monthly lottery. For many, the allure of a tax-free jackpot outweighs the guaranteed, albeit taxable, returns offered by traditional savings accounts, particularly in the current economic climate.
Source: NS&I