logo
Premium Bond Winners August 2025: Who won in the NS&Is

Premium Bond Winners August 2025: Who won in the NS&Is

Leader Live4 days ago
National Savings and Investment (NS&I) has announced the August 2025 winners.
Only two lucky winners get to claim the top million-pound prize, with the first being claimed by a winner from Central Bedfordshire with the bond number 148YD123622.
The owner's winning bond was valued at £1,000 and was purchased in December 2008 with an overall holding of £7,000.
The second Premium Bond winner to claim £1 million is from overseas with the bond number 205XQ030808.
The winner has an overall holding of £50,000 with a winning bond worth £10,000 purchased in May 2013.
Every month, only two winners take home £1 million, but plenty of other prizes are available, with around 80 people winning the second prize of £100,000 and 163 claiming £50,000.
You can check out the big winners for June via the NS&I website here.
You can check your account via the NS&I website.
Prize draws are conducted every month and prizes up to £1,000,000 are given away.
To find out if you have ever won a Premium Bonds prize, you will need to dig out your holder's information and head over to the prize checker.
Recommended Reading
Martin Lewis confirms whether Premium Bonds are really 'worth it'
NS&I Premium Bonds warning for anyone who has under £10,00
Millions of Premium Bonds holders warned ahead of change
You will need your holder's number which you can find on your bond record, or in the app.
You can also use your NS&I number which you should be able to find on any communication about your bonds.
Premium Bonds are the UK's biggest savings product, with more than 24 million people saving over £122 billion in them, according to Money Saving Expert.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Premium Bond prizes worth £105m sitting unclaimed
Premium Bond prizes worth £105m sitting unclaimed

Times

time2 hours ago

  • Times

Premium Bond prizes worth £105m sitting unclaimed

More than £105 million of Premium Bond winnings is waiting to be claimed by savers — including 11 prizes of £100,000. National Savings and Investments (NS&I), the Treasury-owned bank, said 2.6 million prizes were unclaimed, with more than 140 of those prizes worth £10,000 or more. Most of the unclaimed prizes are small — more than 1.8 million are worth £25 — but on top of those 11 prizes of £100,000 are 19 of £50,000, 38 worth £25,000 and 75 of £10,000. Premium Bonds work like a lottery, with each £1 bond having a unique number that's entered into the monthly draw. The prizes range from £25 (of which there are more than two million a month) to two £1 million jackpots. Unlike with standard savings accounts, which have a guaranteed return, you may win nothing, but unlike savings interest the prizes are tax-free. Premium Bond prizes become classified as 'unclaimed' if they have not been collected within 18 months. There is no time limit to claiming a prize, no matter how long ago it was drawn. Data is available dating to 1957, when Premium Bonds began. Many people will have opted to have their winnings reinvested in Premium Bonds (as long as they do not exceed the maximum £50,000 worth that one person can hold) or transferred to a nominated bank account. If you've set this up, prizes will be paid automatically and you are unlikely to be one of the people with an unclaimed fortune. • My expat grandson can't get at his Premium Bonds prize The most common reason for unclaimed winnings is people moving house and forgetting to update the address to which they have requested for a cheque to be sent, said Sarah Coles from the investment platform Hargreaves Lansdown. 'Eleven people in the UK have £100,000 with their name on it, just sitting, collecting dust. It really is worth checking whether you've already won big. It's not just Premium Bonds — vast sums of savings, investments and pensions go astray this way too. Admin is kryptonite for many people.' If your contact details are up to date, NS&I will tell you if you have a prize that needs to be claimed. NS&I encourages anyone unsure whether they still hold Premium Bonds to use its free tracing service. If you have your bond numbers you can enter them on the NS&I website or via the app. Or you can print and post a tracing form or include your personal details in a letter. • Read more money advice and tips on investing from our experts Those trying to track down forgotten savings with NS&I or any other bank or building society can use the My Lost Account service, which is run by NS&I with the trade bodies UK Finance and the Building Societies Association. This service can take up to 90 days, and users must then contact financial institutions directly to claim the funds. Coles said: 'If you aren't sure if you still hold Premium Bonds, the NS&I tracing service is definitely time well spent. But these processes can take time and require a lot of personal details, especially for older accounts. Bear in mind that some of these accounts date back nearly 70 years, and the systems were very different then.' NS&I outlines what it calls its 'effective interest rate', which indicates what the average bond earns based on the total of the prizes issued each month divided by the number of bonds in the draw. This rate is 3.6 per cent, having just been cut for the August draw from 3.8 per cent. However, the rate is skewed by the bigger prizes, meaning lots of bonds have to win nothing to keep the average win rate at 3.6 per cent. You could win nothing at all — an outcome that is likely if you don't hold many bonds. Even if you are lucky enough to win this rate of return, there are higher guaranteed rates available on savings accounts (Chip pays 5 per cent on its easy access account for the first year) and cash Isas (Trading 212 pays 4.87 per cent), where the interest is tax free. However for those who have used their annual £20,000 Isa allowance and their personal savings allowance, Premium Bonds can be a tax-efficient way to save. Basic-rate taxpayers can earn £1,000 in interest before they have to pay tax on their savings at their income tax rate, and higher-rate payers can earn £500. Additional-rate payers get no savings allowance, making Premium Bonds an attractive option after Isas. • Read more: Should you ditch your Premium Bonds?

HMRC rule change means certain Brits could be pursued for £1,350
HMRC rule change means certain Brits could be pursued for £1,350

Daily Mirror

time3 hours ago

  • Daily Mirror

HMRC rule change means certain Brits could be pursued for £1,350

The new rules will mean that the threshold for filing a Self Assessment tax return for trading income will rise from £1,000 to £3,000; however, the trading allowance will remain unchanged HMRC has declared an increase in the threshold for filing a Self Assessment tax return for trading income from £1,000 to £3,000. However, HMRC has confirmed that the trading allowance will remain unchanged. ‌ At present, both the trading allowance and the threshold for reporting Self Assessment income are set at the same level. This effectively means that side hustle incomes below the £1,000 threshold are entirely exempt from tax and reporting obligations. ‌ This implies that for earnings under £1,000, no tax is due and there's no need to declare it. For earnings between £1,000 – £3,000, some tax may still be applicable on profits, but you can report the income using the 'simplified online service' instead of completing a full tax return. In other related news, thousands of Brits to get letter from HMRC after new tax rule comes into force. ‌ READ MORE: Martin Lewis warns 'nothing to do with me' after complaints from money savers For earnings exceeding £3,000, you must register for Self Assessment, complete a tax return and pay any taxes due on profits. James Murray, Labour Party exchequer secretary to the Treasury, stated: "From trading old games to creating content on social media, we are changing the way HMRC works to make it easier for Brits to make the very most of their entrepreneurial spirit." ‌ "Taking hundreds of thousands of people out of filing tax returns means less time filling out forms and more time for them to grow their side-hustle. We are going further and faster to overhaul the way HMRC works to make sure it delivers the Plan for Change that will help put more money in people's pockets," he added. Basic-rate taxpayers at 20 per cent could face a £600 bill on income over £3,000, while higher rate taxpayers could be hit with a £1,200 loss and additional rate taxpayers could lose £1,350, reports Birmingham Live. Ellen Milner, director of public policy at the Chartered Institute of Taxation, commented: "We welcome the government's focus on simplifying the tax system and improving customer service – rightly two key priorities for HMRC as the tax authority heads into its third decade." "A more straightforward, easy to navigate tax system could free up business owners and managers to focus on growing their businesses, rather than spending their days overcoming bureaucratic hurdles." She explained: "We especially welcome the announcement of a new approach to dealing with slow-moving income tax queries from agents. Hopefully, in due course, this can be expanded to unrepresented taxpayers and to other taxes."

Central Bank should carry out ‘immediate' review of Israeli war bonds
Central Bank should carry out ‘immediate' review of Israeli war bonds

BreakingNews.ie

time4 hours ago

  • BreakingNews.ie

Central Bank should carry out ‘immediate' review of Israeli war bonds

The Central Bank should carry out an 'immediate' internal review before it renews a request from Israel to continue to facilitate the sale of its war bonds, an Oireachtas committee has said. The Joint Committee on Finance made the recommendation in its report on the Israeli Bonds Programme, published on Tuesday. Advertisement The cross-party committee stated that the Central Bank of Ireland should review the process for the approval of the prospectus for the sale of Israeli bonds within the European Union. Under the EU Prospectus Regulation, a prospectus must be drawn up, approved and published when securities are to be offered to the public or admitted to trading on a regulated market in the EU. The Joint Committee on Finance, Public Expenditure, Public Service Reform & Digitalisation & Taoiseach chaired by Deputy @Farrell_Mairead has published its Israeli Bonds Programme Report. #SeeForYourself Press release: Report: — Houses of the Oireachtas - Tithe an Oireachtais (@OireachtasNews) August 5, 2025 Third Country issuers must choose an EU country as their Home Member State, and follow certain criteria set out in the prospectus regulation. Prior to 2021, the UK was the EU Home Member State for Israel. Ireland was then chosen as the new state after the UK's left the EU. Advertisement The bank is the designated authority in relation to the sale of Israel bonds in the EU, and has determined the securities meet the standards of the bloc's prospectus regulations. The committee's chairwoman, Sinn Féin's Mairead Farrell, said the Central Bank's facilitation of Israeli bonds arose as 'a matter of concern'. 'In line with these engagements, the committee understands that the Central Bank may only refuse the approval of a prospectus where the Central Bank has legal basis to do so,' she said. 'Early in its establishment in this Dáil, the Joint Committee took the decision to carry out an in-depth consideration of the holding of the prospectus for Israeli Bonds by the Central Bank of Ireland, with the aim of determining if there are any avenues available to the Central Bank to refuse to facilitate the prospectus. Advertisement 'The Joint Committee held two public sessions on this topic in June, meeting with officials from the Central Bank of Ireland; representatives of the Ireland-Palestine Solidarity Campaign; and expert in international law, Dr Munir Nuseibah of Al Quds University in Jerusalem. 'Ireland has been to the forefront and steadfast in its position of support and solidarity with the people of Palestine, but we must ask ourselves are we doing everything we can. 'The issuing of bonds by the State of Israel is seen to assist in the financing of Israel's continued violations of human rights. 'As such, the facilitation of the prospectus by the Central Bank raises issues of significant concern for the Joint Committee, not only around moral obligations but also obligations under international law. Advertisement 'This report details the various obligations flowing from EU law, international law, and how those obligations interact.' The Joint Committee makes 15 recommendations in its report. 'These include that the Government engage at EU level with a view to amending the EU Prospectus regulations to permit each individual European Central Bank to refuse to act as a Competent Authority; The Central Bank engage with other EU Central Banks to develop a mechanism whereby an individual Central Bank can refuse to process any new prospectus certification request; Advertisement The Central Bank as the competent authority shall conduct an immediate internal review in advance of any renewal in September of the Israeli bond prospectus with the intention of determining whether it is in compliance with the Prospectus Regulation in terms of the required level of disclosure, accuracy and transparency; Pending the outcome of a compliance review of the Israeli Bond Prospectus under Article 32.1D of the Regulation, the Central Bank of Ireland exercises the powers vested in it, by refusing to certify the renewal of the prospectus or any new applications for the certification of a related prospectus, until such a time when it is satisfied that it is in compliance with the rules as set out in the Regulation. The Central Bank seeks legal advice and makes information available which clarifies that their decision in approving a prospectus is not in breach of international law. The Government consider what national restrictive measures are possible in relation to the approval of prospectuses by the Central Bank of Ireland, which could be used to ensure compliance with the International Court of Justice (ICJ) opinion of July 2024. Ms Farrell said the committee believes the review should seek supplementary information from Israel. 'It should include an examination of the completeness of the bond prospectus and a request that further information be provided by the Israeli authorities. 'This should take into account the nature of the case taken by South Africa against Israel under the Genocide Convention and the interim findings of the ICJ in that regard, the ICJ advisory opinion of July 2024 in respect of the illegal situation created by Israel in the Occupied Palestinian Territories, and any other pertinent matters in respect of international law. Ireland Gena Heraty kidnapping: Simon Harris holds talks w... Read More 'The Joint Committee is of the view that an amendment to the Prospectus Regulation to allow individual European Central Banks to refuse to act as competent authority is necessary in order to allow individual member states to make decisions which align with their stated position, and indeed, with obligations under international law. 'The Committee further believes that the Central Bank is vested with powers that it has not yet exercised and makes a number of recommendations identifying areas which may provide the Central Bank with the opportunity to desist from facilitation of the prospectus. 'The Joint Committee encourages the Central Bank to exercise the powers available to it in this regard.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store