Millions of savers across the UK are eagerly awaiting the results of the December Premium Bonds prize draw, with two lucky holders set to become millionaires. The monthly draw, run by the government-backed National Savings and Investments (NS&I), offers a risk-free chance to win tax-free cash prizes ranging from £25 to the coveted £1 million jackpot.
When is the December Premium Bonds Draw?
The crucial draw for December took place on Tuesday 2 December 2025. As is standard procedure, the full list of winning bond numbers is made available to the public on the following day. Savers can now check their holdings to see if they have secured a windfall in the final draw of the year.
What Are Your Chances of Winning a Premium Bond Prize?
While the dream of a life-changing win captivates the 24 million people participating in the scheme, the odds remain long. Statistically, each individual £1 bond has a 22,000-to-one chance of winning a prize each month. The scheme holds over £127 billion of savers' money, which does not earn interest but is entered into the monthly lottery.
The prizes are selected by NS&I's famous random number generator, known as Ernie (Electronic Random Number Indicator Equipment). Analysis by financial expert Martin Lewis suggests that if all winnings are averaged out, the effective 'interest rate' on Premium Bonds is around 4 per cent. However, he cautions that most savers will not see returns close to this figure, as the distribution of prizes is random and many accounts never win.
The prize fund distribution varies slightly each month. The January 2025 results, for example, created the following winners:
- £1 million x 2
- £100,000 x 82
- £50,000 x 163
- £25,000 x 328
- £10,000 x 818
- £5,000 x 1,636
- £1,000 x 17,163
- £500 x 51,489
- £100 x 1,987,844
- £50 x 1,987,844
- £25 x 1,803,871
How to Check If You've Won a Premium Bond Prize
Checking for a win is a straightforward process. Bondholders have several options to see if they are due a payout. The primary method is to use the official NS&I prize checker on its website, where you can enter your unique bond numbers.
For convenience on the move, savers can also use the official NS&I app, available for smartphones and tablets. The app provides a quick and secure way to check results as soon as they are published. Winners are typically notified by NS&I, but proactive checking ensures you don't miss out on any good news.
Remember, the minimum investment in Premium Bonds is £25, and the maximum holding any individual can have is £50,000. While it's a safe place for your money, with no risk to the capital, the returns are not guaranteed and depend entirely on the luck of the draw.
