May Premium Bond winners – did you become a millionaire?

Two lucky NS&I Premium Bond holders are now millionaires. Did you scoop the £1m jackpot in the May draw?

Gold trophy with gold confetti on a black background.
(Image credit: sasha85ru)

National Savings & Investments (NS&I) has drawn two lucky Premium Bond winners in the May draw from Hampshire and Outer London. 

ERNIE, NS&I’s prize picker drew Premium Bond number 514CV247038 and the winner resides in Hampshire. The bond holder has £45,000 in Premium Bonds and purchased the winning Bond in September 2022.

The second winner from Outer London holds the bond number 401XE212038. They hold £10,575 in Premium Bonds and their winning bond was purchased back in July 2020. The winner is the eleventh Premium Bond millionaire from Outer London. 

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While the past month has been a busy one for NS&I with the launch of its long-awaited British Savings Bond, there have been no changes to Premium Bonds. The prize fund rate currently stands at 4.4% which came into effect in March (down from 4.65%), and the odds of winning are still 21,000 to 1 for every Bond. 

The jackpot winners will have had a special visit from Agent Million. But with more than 5.8 million prizes drawn in May between £25 and £100,000, it’s worth checking what winnings you hold this month.  

May 2024 Premium Bond prize winners

In this month’s draw, there is a total of 5,888,574 prizes worth £453,420,125. Here are all the winnings from the May draw. 

You can check from tomorrow (2 May) if you have bagged any prizes. 

Swipe to scroll horizontally
Value of prizeNumber of prizes
Total value of prizes: £453,420,125Total: 5,888,574

How to check if you’re a May NS&I Premium Bond winner

While the £1million jackpot winners receive a visit from Agent Million, Premium Bond holders who win any other cash prizes have to check winnings themselves. There are several ways to do this. 

One of the simplest ways to check is to go on the NS&I website and use its NS&I prize checker. Alternatively, you can download NS&I’s official prize checker app on your phone which is available on Android or iOS. For both methods, you will need your NS&I number and Premium Bond Holder number. 

If you have an Amazon Alexa, you can also set that up to notify you of your winnings in the latest Premium Bond draw. The good thing about using Alexa is, it can also give you information on any unclaimed Bond prizes you might have since July 1968. 

For this, you will need to set up your Alexa by downloading the Alexa app and activating the  NS&I Premium Bonds prize checker skill

According to NS&I, there are currently 63,780 Premium Bond prizes worth £2,104,350 unclaimed in Hampshire, and 222,004 prizes worth £7,746,975 still sitting idle from Outer London. 

How will my NS&I prize be paid? 

According to NS&I, most prizes are automatically paid into your bank account or reinvested into Premium Bonds. It’s worth checking that your automatic payments are set up on the NS&I website.  

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 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