Premium Bonds winners: Who won July’s £1 million jackpot?

NS&I has made two lucky savers millionaires overnight thanks to the July Premium Bonds prize draw, while millions more have won smaller prizes.

This month’s new Premium Bonds millionaires come from Norwich and Nottingham.

The winner from Norwich holds bond 224LR913240 and has the maximum Premium Bonds holding of £50,000. The winning bond was bought in June 2014.

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The lucky saver from Nottingham holds bond number 83EP714276 and held £49,100 in Premium Bonds before they won the jackpot. This winner bought their millionaire bond in October 1997.

To notify them of their newfound wealth, both jackpot winners will have already received a visit from Agent Million, an anonymous NS&I employee who travels up and down the country to deliver the happy news.

But the prize draw hasn’t just made a new millionaire. Over 19,000 savers won a prize between £1,000 and £100,000 in this month’s draw with a prize fund rate of 3.8%.

This includes one lucky Kent resident who won £100,000 from a bond they purchased in April, just three months before this month’s draw. They held a total of £40,000 in Premium Bonds.

The two jackpot bonds were randomly picked, along with over 5.9 million other winning bonds, by ERNIE, NS&I’s prize-drawing computer.

From next month’s draw, we can expect to see fewer high value winners, but more savers will get £25 prizes, after NS&I announced the prize fund rate will be cut to 3.6% in August.

The prize fund rate is the benchmark used by NS&I to determine how many prizes should be given away every month and represents the average rate of returns for someone with average luck.

It will mark the fifth cut since September 2023, when the rate stood at a recent high of 4.65%.

The chances of winning in July’s prize draw stood at 22,000 to 1 for every £1 bond and will remain the same in August.

July 2025 Premium Bonds winners

The total number of Premium Bonds winners in July’s prize draw was 5,995,712, with over £417 million being distributed to bondholders.

The total includes the two millionaire jackpot winners, but also includes the 2,945 who won between £5,000 and £100,000 from NS&I this month.

Meanwhile, almost 6 million others won smaller prizes, welcoming a windfall between £25 and £1,000.

A table showing the number of prizes given out organised by their value can be found below:

Source: NS&I, 1 July

How to check if you’re a July NS&I Premium Bonds winner

From tomorrow (2 July) you will be able to see if you won a Premium Bonds prize in July’s draw.

You can do this by accessing the online NS&I prize checker tool or the NS&I app, by asking Amazon’s Alexa, or by contacting NS&I on the phone or through the post.

For more detail, read our separate article on how to check for Premium Bonds.

Your Premium Bonds will be paid via the method you chose when you opened your account – for 90% of savers, winnings are either directly deposited into your bank account or reinvested.

While you’re seeing if you won in July’s prize draw, it could be worth checking whether you won in a previous prize draw without realising it.

According to NS&I, there are 2,598,139 unclaimed Premium Bonds prizes worth £103,270,175 waiting to be claimed as of 1 July.

Unclaimed Premium Bonds prizes do not have an expiration date, so even if you have one left unclaimed from the 1950s (as thirteen people do) then it is still worth checking.