Two Premium Bonds holders have each won £1 million in the November National Savings and Investments (NS&I) draw, with the jackpot winners based in Shropshire and Outer London.
One saver secured the top prize with a winning Bond linked to a £5,000 investment. That winner, who lives in Outer London, holds £30,000 in the savings scheme, and the winning Bond number 175WW854599 was purchased as part of an investment dating back to December 2010.
The other winning Bond, numbered 652GW962089, belongs to a Shropshire resident who holds the maximum £50,000 in Premium Bonds. NS&I records show this Bond formed part of a £48,990 investment purchased in November 2025.
How Premium Bonds Work
Premium Bonds do not pay interest on deposited money. Instead, each £1 Bond is entered into a monthly prize draw, offering holders the chance to win tax-free prizes ranging from £25 to £1 million.
The annual prize fund rate is currently 4.35%, though this is variable and can change. The odds of winning stand at 21,000 to 1 for every £1 Bond in the monthly draw, which is also variable. Any prizes won are free from UK Income Tax and Capital Gains Tax.
Checking November Results
Savers can check November's full prize results from November 3, when the NS&I Premium Bonds prize checker is updated. Holders can verify winnings through the NS&I prize checker app, available on the Apple App Store and Google Play, which shows the latest month's results as well as prizes from the previous six draws.
Alternatively, savers can use the online prize checker on the NS&I website by entering their holder's number. Those with an Amazon Alexa device can enable the Premium Bonds prize checker skill through the Alexa app, allowing customers to ask Alexa to check for winnings, find out when results are released, and identify unclaimed prizes.
Eligibility and Past Winners
Premium Bonds are available to UK residents aged 16 and over, while adults can also purchase them on behalf of children under 16. The smallest ever holding to win the £1 million jackpot was £17, won in 2004 by someone from London.
