Every month, Premium Bond holders eagerly wait to find out whether they have won cash in NS&I’s prize draw.
One of this month’s winners was able to scoop up the jackpot prize with the second smallest holding ever.
Each month, two savers have the chance to win £1 million in the Premium Bonds prize draw.
This month, ERNIE delivered a life-changing surprise to a saver with just a £100 holding. The Bond was purchased less than two years ago, making it the second smallest holding ever to win the top prize
The Bond number – from Cleveland, North Yorkshire – to win £1 million this month was 540HZ735699.
The winner holds just £100 in Premium Bonds and obtained their winning Bond in May 2023.
They are the third Premium Bonds jackpot millionaire from Cleveland.
The other Bond number drawn to win the jackpot this month was 408VD714629 and is held by a winner based in Cumbria.
The winner has a holding of £35,000 in Premium Bonds and purchased their winning Bond in August 2020.
They become the eleventh jackpot winner from Cumbria.
Andrew Westhead, NS&I Retail Director, said: “Spring is definitely in the air for our two jackpot winners from Cleveland and Cumbria this month.
“The Cleveland winner’s story is particularly exciting, with just £100 invested in Premium Bonds in 2023. It just shows that every £1 Bond has an equal chance of winning the £1 million jackpot.
“This is the second smallest holding ever to win the £1 million jackpot. The smallest holding ever to win was £17 back in July 2004 with the winning Bond purchased in 1959.
“It’s not just about the £1 million jackpots though. Thanks to ERNIE we’ve drawn 5.9 million prizes worth over £430 million this month.”
Premium Bonds provide a secure and accessible way to start saving in 2025, with a minimum investment of £25. Instead of earning interest, each £1 Bond is entered into a monthly prize draw, offering tax-free winnings between £25 and £1 million, backed by HM Treasury.
Winners of the March 2025 draw can check their prizes via the NS&I website, prize checker app, or Alexa. Bond holders need their Premium Bonds holder’s number or NS&I number to check.
For the March 2025 draw, a total of 5,902,600 prizes worth £432,857,175 will be distributed, with 129.8 billion Bond numbers eligible for the draw.
