Four fortunate Premium Bonds holders have each won £100,000 prizes by acquiring their winning bonds in December. These bonds qualified for the draw starting from February 2026 since they must be held for a complete month to be eligible. One of the winners bought a £50 bond in December 2025.

Among the winners, one resides in Essex and possesses a total of £19,150 in Premium Bonds. Another winner from Brighton and Hove holds a winning bond valued at £13,000, with a total Premium Bonds holding of £38,025. The remaining two winners, each securing £100,000, have £50,000 invested in Premium Bonds. One winner is based in Cheshire, while the other resides in Hampshire and the Isle of Wight.

In the February 2026 draw, two £1 million Premium Bond prizes were awarded. One of the major winners is located in Liverpool, with the other winner residing in Central Bedfordshire.

Premium Bonds, a savings product offered by National Savings & Investment (NS&I), operate by entering bondholders into a monthly prize draw instead of providing a fixed interest rate on investments. The monthly prizes range from £25 to £1 million, with a higher frequency of smaller prizes compared to larger sums. While thousands of £25 prizes are typically distributed each month, there are only two £1 million prizes available. The maximum investment allowed in Premium Bonds is £50,000, with each pound invested corresponding to a unique bond number.

The odds of winning a prize with each bond per month are 22,000 to 1. Winners are notified via email or text message by NS&I and can opt to receive the prize in their bank account or reinvest it in Premium Bonds. Tools such as the NS&I online prize checker and the Premium Bonds prize checker app can be used to verify if a prize has been won.

As of the August 2025 draw, the prize fund rate for Premium Bonds stands at 3.60%, serving as the closest equivalent to an interest rate. Recent data shared with This is Money unveiled the luckiest areas for winning Premium Bond prizes, with Hampshire and the Isle of Wight residents claiming the second-highest number of £100,000 prizes in 2025. Essex, Outer London, Norwich, and Cumbria also had notable numbers of prize winners in the past year.