National Savings & Investments (NS&I) has drawn this month's Premium Bonds winners, which means two lucky bond holders have become millionaires.
The winners were picked by NS&I’s prize generator, ERNIE. The million pound jackpot winners both come from Yorkshire – from Kirklees and Sheffield.
The winner from Kirklees holds bond number 150EN423722 and holds £50,000 in Premium Bonds. The winning bond was purchased in January 2009. The second winner from Sheffield holds £10,000 in Premium Bonds and drew bond number 513EP525664. The winning bond was purchased in September 2022.
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While the jackpot winners will have had a visit from Agent Million, other lucky winners can check from tomorrow for cash prizes that range between £25 and £100,000.
“The Sheffield win marks the city's fourth Premium Bonds millionaire and is exactly two years since the last jackpot win there in February 2023," said Andrew Westhead, retail director at NS&I.
“Yorkshire and the Humber may be on a jackpot winning streak, but thanks to ERNIE, more than £430 million in prizes have gone to bond holders up and down the country this month.”
Here’s a full list of prizes up for grabs in February.
February 2025 Premium Bonds winners
Almost 5.9 million prizes worth £430,052,425 in total will be paid out in the February 2025 draw, valued between £25 and £1,000,000.
| Value of prizes | Number of prizes in February |
| £1,000,000 | 2 |
| £100,000 | 82 |
| £50,000 | 164 |
| £25,000 | 328 |
| £10,000 | 820 |
| £5,000 | 1,641 |
| £1,000 | 17,202 |
| £500 | 51,606 |
| £100 | 1,992,297 |
| £50 | 1,992,297 |
| £25 | 1,807915 |
| Total value of prizes: £430,052,425 | Total number of prizes: 5,864,354 |
Currently the prize fund rate stands at 4%, after dropping in both December and January's draws (from 4.40% and 4.15% respectively).
Despite the lower rate, the odds of winning remain the same at 22,000 to one for each bond held. There are still two £1 million prizes, and the overall number of prizes has actually risen slightly this month compared to January's draw.
A nice perk for winners is that the cash prizes are tax-free. This means Premium Bonds can be a good option if you have maxed out your ISA allowance and are worried about paying tax on your savings interest.
How to check if you’re a February NS&I Premium Bonds winner
If you hold Premium Bonds, you can check from tomorrow (4 February) to see if you have won any prizes this month.
Use the online NS&I prize checker tool or the NS&I app (downloadable on iOS and Android), and make sure you have your Premium Bonds number to hand. The tool also allows you to check winnings from previous draws. Similarly, an Amazon Alexa allows you to check winnings going as far back as 1986.
Alternatively, you can write to NS&I at: NS&I, Sunderland SR43 2SB. It is important to include:
- Your name
- Current address
- Premium Bonds number
- Any previous addresses where you might have registered bonds
- Your signature
You can also call NS&I for free on 08085 007 007, but you will only qualify for this method if you’re registered for phone or online banking with NS&I.
If you've been a long-term Premium Bonds holder, it's worth checking for any unclaimed prizes. According to NS&I, 2,516,285 unclaimed prizes worth £93,830,100 are sitting idle.
How will my prize be paid?
Your prizes will be paid according to your preference. For example, those who have opted for automatic payments will get their cash prizes paid into their bank account. Alternatively, you might have set your winnings to be reinvested.
NS&I says more than nine in 10 prizes are paid directly into winners’ bank accounts or automatically reinvested into more Premium Bonds.
If you haven’t opted for either, you will receive a cheque – so it’s worth checking your address is updated. You can change your payment method on the NS&I website if you wish.
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