May’s NS&I Premium Bond prize draw - find out if you’re a winner

The million pound jackpot has been won by two lucky NS&I Premium Bond savers Find out here if you’re one of this month’s millionaires

Popping champagne cork
(Image credit: © Getty images)

Two Premium Bonds holders from Nottingham and Sefton have become millionaires, winning the top prize in this month’s National Savings & Investments (NS&I) draw.

The first bond number drawn was 350FG197341 and it belongs to a winner based in Nottingham. They purchased their winning bond in January 2019 and hold £50,000 in Premium Bonds.

The second £1 million jackpot winner is based in Sefton, Merseyside. Their winning bond number is 371JL524811 and it was purchased in October 2019. They hold a total of £46,525.

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This year, NS&I has proven to be extremely popular amongst savers. In February, £2bn was deposited with the government-owned savings bank after the collapse of Silicon Valley Bank rattled the nerves of investors across the globe.

Here are the details of May’s winners and how to check if you won.

May Premium Bonds prize winners

A total of 5,048,164 prizes worth £333,178,725 will be paid out following the May prize draw.

There were 121,155,903,514 Bond numbers eligible for the draw, and since the first draw in June 1957, number-cruncher ERNIE has drawn 621 million prizes with a total value of £25.7 billion.

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Value of prizeNumber of prizes

How to see if you’re a May Premium Bond prize winner

You can see if you won in the May prize draw on 3 May using the prize checker or the official prize checker app, available on either Android or iOS.

You will need your Premium Bonds holder’s number to use the website and your NS&I number or holder’s number to check via the prize checker app.

You can also use your Alexa-enabled device so check if you’ve won. Alexa will be able to tell you whether you have won a prize and how much it's worth, as well as details for any upcoming draws.

It can also tell you if you have any prizes yet to be redeemed, such as a £25 winning from July 1968, which remains unclaimed.

To get it set up, you’ll need to activate the NS&I Premium Bonds prize checker skill on your Alexa app and enter your NS&I number. After that, you will be able to use your smart speaker to stay updated on all things Premium Bonds.

Are Premium Bonds worth it?

With more prizes now available, savers have a higher chance of nagging some kind of prize - in fact, the luckiest Premium Bond winner has snapped nearly 300 prizes totalling £1m.

But, since you do not earn an interest rate, you may want to also think about putting some money in a savings account, where you can now earn almost 5%.Take a look at our article on the best savings accounts for the latest on interest rates.

Tom Higgins

Tom is a journalist and writer with an interest in sustainability, economic policy and pensions, looking into how personal finances can be used to make a positive impact.

He graduated from Goldsmiths, University of London, with a BA in journalism before moving to a financial content agency. 

His work has appeared in titles Investment Week and Money Marketing, as well as social media copy for Reuters and Bloomberg in addition to corporate content for financial giants including Mercer, State Street Global Advisors and the PLSA. He has also written for the  Financial Times Group.

When not working out of the Future’s Cardiff office, Tom can be found exploring the hills and coasts of South Wales but is sometimes east of the border supporting Bristol Rovers.