03-05-2025
Premium Bonds results in Wales see 125 people get huge payouts
Premium Bonds results in Wales see 125 people get huge payouts
The UK-wide May prize fund was a huge £413m and in Wales 125 people won £5,000 or more with two people each bagging £100,000
Dozens of lucky people in Wales have scooped more than £1.8m in prizes in the Premium Bonds draw for May. The big winners included two people who won £100,000, 12 who received a cheque for £50,000, another 16 who claimed £25,000, while 37 won £10,000 and a further 58 received £5,000.
A huge £1.8m was won in Wales this month by those 125 people with an average winning of £14,880. The UK-wide Premium Bonds prize fund for May stood at £413m, with two lucky winners, from Derbyshire and Suffolk, each scooping jackpot prizes worth £1m.
More than 5.9m prizes were handed out this month with the prize fund rate standing at 3.8%. For money-saving tips sign up to our Money newsletter here .
Andrew Westhead, NS&I retail director, said: "We're thrilled to congratulate our two newest millionaires from Derbyshire and Suffolk this month, each receiving a life-changing £1m jackpot.
"May has been incredibly rewarding for Premium Bonds holders across the country with over 5.9m prizes worth more than £413m paid out including 79 winners who are now £100,000 better off.
"Checking if you've won couldn't be simpler. Just use our prize checker app or visit our website."
Article continues below
How to check if you've won Premium Bonds prizes
Winners should receive an email or text from NS&I if they win but those who hold Premium Bonds can also check through the NS&I website or the prize checker app.
On the NS&I website holders will need their Premium Bonds holders' number and on the app they will need either that or their NS&I number. Any unclaimed prizes will also be visible.
There are currently, 2,547,426 Premium Bonds prizes worth more than £97m waiting to be claimed.
How do Premium Bonds prize draws work?
For every £1 bond customers are entered into a monthly draw with opportunities to win tax-free prizes from £25 to £1m. Holders must have a minimum investment of £25.
Premium Bonds don't pay interest but offer the chance of winning tax-free prizes and savings backed by the HM Treasury.
There are three values of prize bands, known as higher, medium and lower, and each band gets a percentage share of the monthly prize fund.
Article continues below
In the high band prizes range from £1m to £5,000 and the medium and lower bands give holders the opportunity to win between £1,000 and £500 and £100 and £25 respectively.
The Mirror recently reported that a new freedom of information (FOI) request revealed nearly two-thirds of Premium Bondsholders have never won a prize.
