August Premium Bond winners – who won the £1m jackpot?

Two lucky NS&I Premium Bond winners have bagged £1million. See what you have won this month

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National Savings & Investments (NS&I) has announced the August Premium Bond winners, with two lucky holders bagging the £1 million jackpot this month.

The August Premium Bond jackpot winners, picked by NS&I prize generator ERNIE are from Devon and Outer London. The winner from London holds the bond number 516FV135553, with £24,155 in Premium Bonds. The winning bond was purchased in October 2022.

The winner from Devon holds £30,275 in Premium Bonds and purchased its winning bond in May 2015. The winning bond number is 245FP902498. 

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The millionaires would have received a visit from Agent Million. to notify them. 

But, there are millions of prizes worth between £25 and £100,000 waiting to be claimed. We have the full list of prizes.

August 2024 Premium Bond winners

A total of 5,935,875 prizes worth £457,062,375 will be paid out in the August 2024 prize draw, valued between £25 - £100,000.

Andrew Westhead, NS&I retail director, said: "One winner from Kent scooped £100,000 with only a £100 holding in Premium Bonds. Another £100,000 winner bought their winning bond nearly 30 years ago in 1995."

The odds of winning are 21,000 to 1 for every bond.

Here are all of the winnings for August 2024. 

Swipe to scroll horizontally
Value of prize Number of prizes
£1,000,0002
£100,00087
£50,000176
£25,000349
£10,000874
£5,0001,748
£1,00018,282
£50054,846
£1002,191,646
£502,191,646
£251,476,219
Total value of prizes: £457,062,375Total: 5,935,875

The current prize fund rate for Premium Bonds is 4.4%, which dictates the number of prizes up for grabs rather than an actual rate of interest paid. NS&I could cut this rate at any point, especially after it surpassed its funding level target last year. Cuts to the prize fund rate means fewer prizes in the future.

How to check if you’re an August NS&I Premium Bond winner 

If you hold Premium Bonds, you can check from tomorrow (2 August) to see if you have won a prize.

If you have the NS&I app, you can easily check on there to see if you have won. 

Alternatively, try the NS&I's prize checker tool. You'll need your Premium Bond number to hand. 

And, if you have an Amazon Alexa, you can set it up to notify you of your winnings. 

You can check for prizes dating back to 1986. 

There are currently Premium Bond prizes worth over £84 million unclaimed. To check for unclaimed Premium Bond prizes, you can ask your Amazon Alexa, call NS&I or write to them. 

You can call NS&I for free on 08085 007 007. But only use this method if you’re registered for phone or online banking with NS&I. 

Alternatively, you can write to: NS&I, Sunderland SR43 2SB. It’s important to include:  

  • Your name
  • Current address
  • Premium Bond number 
  • Any previous addresses where you might have registered bonds 
  • Your signature 

How will my prize be paid? 

If you have opted for automatic payments, NS&I will automatically pay your winnings into your bank account. In this case, NS&I must have your up-to-date bank details. 

Or, your prizes will be reinvested if this is what you opted for. 

If you haven’t done any of the above, you will receive a cheque – so it’s vital that NS&I has your correct address on record. 

Vaishali Varu
Staff Writer

Vaishali has a background in personal finance and a passion for helping people manage their finances. As a staff writer for MoneyWeek, Vaishali covers the latest news, trends and insights on property, savings and ISAs.

She also has bylines for the U.S. personal finance site Kiplinger.com and Ideal Home, GoodTo, inews, The Week and the Leicester Mercury

Before joining MoneyWeek, Vaishali worked in marketing and copywriting for small businesses. Away from her desk, Vaishali likes to travel, socialise and cook homely favourites