May’s NS&I Premium Bond prize draw - find out if you’re a winner
The million pound jackpot has been won by two lucky NS&I Premium Bond savers Find out here if you’re one of this month’s millionaires
Two Premium Bonds holders from Nottingham and Sefton have become millionaires, winning the top prize in this month’s National Savings & Investments (NS&I) draw.
The first bond number drawn was 350FG197341 and it belongs to a winner based in Nottingham. They purchased their winning bond in January 2019 and hold £50,000 in Premium Bonds.
The second £1 million jackpot winner is based in Sefton, Merseyside. Their winning bond number is 371JL524811 and it was purchased in October 2019. They hold a total of £46,525.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
This year, NS&I has proven to be extremely popular amongst savers. In February, £2bn was deposited with the government-owned savings bank after the collapse of Silicon Valley Bank rattled the nerves of investors across the globe.
Here are the details of May’s winners and how to check if you won.
May Premium Bonds prize winners
A total of 5,048,164 prizes worth £333,178,725 will be paid out following the May prize draw.
There were 121,155,903,514 Bond numbers eligible for the draw, and since the first draw in June 1957, number-cruncher ERNIE has drawn 621 million prizes with a total value of £25.7 billion.
Value of prize | Number of prizes |
£1,000,000 | 2 |
£100,000 | 63 |
£50,000 | 125 |
£25,000 | 250 |
£10,000 | 625 |
£5,000 | 1,254 |
£1,000 | 13,326 |
£500 | 39,978 |
£100 | 1,417,302 |
£50 | 1,417,302 |
£25 | 2,157,937 |
Total£333,178,725 | Total5,048,164 |
How to see if you’re a May Premium Bond prize winner
You can see if you won in the May prize draw on 3 May using the nsandi.com prize checker or the official prize checker app, available on either Android or iOS.
You will need your Premium Bonds holder’s number to use the website and your NS&I number or holder’s number to check via the prize checker app.
You can also use your Alexa-enabled device so check if you’ve won. Alexa will be able to tell you whether you have won a prize and how much it's worth, as well as details for any upcoming draws.
It can also tell you if you have any prizes yet to be redeemed, such as a £25 winning from July 1968, which remains unclaimed.
To get it set up, you’ll need to activate the NS&I Premium Bonds prize checker skill on your Alexa app and enter your NS&I number. After that, you will be able to use your smart speaker to stay updated on all things Premium Bonds.
Are Premium Bonds worth it?
With more prizes now available, savers have a higher chance of nagging some kind of prize - in fact, the luckiest Premium Bond winner has snapped nearly 300 prizes totalling £1m.
But, since you do not earn an interest rate, you may want to also think about putting some money in a savings account, where you can now earn almost 5%.Take a look at our article on the best savings accounts for the latest on interest rates.
Tom is a journalist and writer with an interest in sustainability, economic policy and pensions, looking into how personal finances can be used to make a positive impact.
He graduated from Goldsmiths, University of London, with a BA in journalism before moving to a financial content agency.
His work has appeared in titles Investment Week and Money Marketing, as well as social media copy for Reuters and Bloomberg in addition to corporate content for financial giants including Mercer, State Street Global Advisors and the PLSA. He has also written for the Financial Times Group.
When not working out of the Future’s Cardiff office, Tom can be found exploring the hills and coasts of South Wales but is sometimes east of the border supporting Bristol Rovers.
-
-
Investment trust discounts hit 2008 levels. Here’s how to profit
Investment trust discounts have risen to levels not seen since 2008, here are three trusts looking to buy to profit.
By Rupert Hargreaves Published
-
A luxury stock to buy at a high street price
Investors wrongly consider Watches of Switzerland a high-street outlet.
By Dr Matthew Partridge Published
-
August NS&I Premium Bond winners unveiled - have you scooped £1m?
Two lucky NS&I Premium Bond winners are now millionaires in the August draw. Find out here if you are one of them
By Tom Higgins Published
-
Savings rates more than double in a year as challenger banks top the best buy tables
The best savings rates have doubled - and in some cases tripled - in a year, with challenger banks offering the highest rates. While they are still no match for inflation, we look at what you could be earning.
By Ruth Emery Published
-
Midlife MOT: what is it and who can get one?
The government has launched an online midlife MOT to help older workers with financial planning, health guidance and career skills. But how does it work, who can get one and would you pass it?
By Ruth Emery Published
-
Coventry Building Society launches new best easy access savings account
Coventry Building Society's deal tops our easy access savings account list, but could your cash be put to better use?
By Tom Higgins Published
-
NS&I boosts fixed-term savings rates
The NS&I, the government-backed savings institution has mirrored recent rate rises seen elsewhere in the market.
By Tom Higgins Published
-
Should you let AI give you financial advice?
Can AI fill the financial advice gap? Kalpana Fitzpatrick looks at the pros and cons of using AI to guide your finances.
By Kalpana Fitzpatrick Published
-
Small pension pots to be consolidated, says DWP
Workplace pension schemes worth less than £1,000 that become “deferred” when a saver changes jobs will be consolidated under a new system
By Ruth Emery Published
-
Watchdog summons banks to explain paltry savings rates
Savings rates trail mortgage rates - and the financial watchdog has summoned banks to a meeting amid concerns of profiteering.
By Katie Binns Last updated