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Daily Mirror
Daily Mirror
Business
Levi Winchester

Premium Bond winners for February revealed - and two people are now £1million richer

Premium Bond winners for February have been announced - and two people in the UK are now £1million richer.

The first big winner is from Sefton, with this person holding £30,000 in Premium Bonds.

They bought their winning Bond 109ZT548786 in May 2006.

The second £1million winner is from Sheffield with the Bond number 136RN551344.

Their winning Bond was purchased back in February 2008 and they hold just £3,000 in Premium Bonds.

Premium Bonds is an investment product issued by National Savings & Investment (NS&I).

Have you won big on Premium Bonds and want to share your story? Let us know by emailing: mirror.money.saving@mirror.co.uk

Check if you're a Premium Bonds winner (Getty Images)

But instead of earning guaranteed interest, you are entered into a monthly prize draw where you can win between £25 and £1million tax free.

This means your chance of winning is completely down to chance - and you may not win anything at all.

Whenever you want to you can get all your money back from NS&I, though it may take a few days.

The minimum amount you can have invested in Premium Bonds is £25, and the maximum is £50,000.

How to check if you're a winner

The easiest way to see if you've won is to use the NS&I prize checker online, or the Premium Bonds prize checker app.

If you have an Amazon Alexa, you can ask it to tell you the latest winning numbers.

Customers can choose to have their prizes paid into their bank account, or to have them reinvested into new Premium Bonds.

You should be emailed or sent a text message from NS&I if you've won.

At the moment the odds of a bond winning each month are 24,000 to 1 for every £1 Bond you have invested.

The vast majority of the prizes released each month are for £25.

Last month, NS&I announced it has increased its prize fund rate for Premium Bonds.

The rate has gone up from 3% to 3.15% from its February 2023 draw.

The change saw the number of £50 and £100 prizes both increase by approximately 120,000, while the number of bigger prizes, between £500 and £100,000, has also gone up but by a smaller amount.

The jackpot prize of £1million is still only awarded to two winners.

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