National Savings and Investments (NS&I) is urging Premium Bonds holders to log into their accounts on Thursday, July 2, to check their prizes for the July draw. Customers can access their accounts and see if they have won any tax-free prizes ranging from £25 to £1 million.
Two £1 Million Winners Announced for July
On Wednesday, July 1, NS&I confirmed two £1 million jackpot winners. The first winner hails from Reading and holds £49,931 in Premium Bonds. Their winning bond number is 250TP871786, purchased in July 2015. The second winner is from Warwickshire with £14,000 invested, holding bond number 217AV429216, purchased in January 2014.
How to Check Your Prizes
Bond holders can check for prizes from £25 to £100,000 starting Thursday, July 2, using the Premium Bonds prize checker app, the NS&I website, or by asking Alexa. To check online, holders need their Premium Bonds holder’s number or NS&I number. The prize fund rate is variable, and all prizes are tax-free.
Premium Bonds Explained
Premium Bonds do not earn interest; instead, they enter a monthly prize draw funded by an annual prize fund rate. The odds of winning are the same for every £1 bond, but more bonds increase the chances. Prizes are generated by ERNIE, NS&I's random-number generator. The prize fund rate, prize values, and odds can change at any time.
