June's Premium Bonds draw paid out £376.6m, but the windfalls were concentrated: two holders won £1m each while millions of prize-winners received £500 or less, NS&I said. The draw took place on Monday 1 June and full results were published via National Savings and Investments' prize checker and app on Tuesday 2 June, with regional details released for the two top winners. From July the prize fund rate will rise and the odds of winning will improve to 22,000-to-1.
5,954,593 prizes were awarded in the June draw, worth a total of £376,627,975, NS&I reported.
The distribution underlines how the Premium Bonds scheme works in practice: large prizes are rare but headline-grabbing, while almost all bond holders who received an award took home a small sum. But NS&I's figures show two £1,000,000 jackpots, 71 prizes of £100,000, 143 prizes of £50,000 and 286 prizes of £25,000. The remaining 5,936,887 awards were for £500 or less.
How to check if you have won: NS&I updated its online prize checker and the official Premium Bonds app on Tuesday 2 June to display June's results, the organisation said. Bond holders need their holder number to search the checker; that number can appear as nine or 10 digits, or as eight digits followed by a letter. The tool shows prizes paid into accounts and will flag older unclaimed awards sitting against a holder number.
Premium Bonds allow a minimum investment of £25 and a maximum holding of £50,000. Each £1 of bonds provides one entry into the monthly draw, and the random selection machine ERNIE is used to pick winning bond numbers. And NS&I publishes draw results on the first working day of each month, or the next working day if the first falls on a weekend or bank holiday, and the prize checker is updated accordingly.
The two million-pound winners were based in Leeds and in the Cheshire West and Chester area, NS&I's published details show. The Leeds winner held £42,425 in Premium Bonds and bought the winning bond in February 2026. The Cheshire West and Chester winner held £33,800 and purchased the winning bond in March 2024. Media outlets and consumer services that receive NS&I's draw data published these regional and holding details alongside the prize totals.
For the June draw the odds of winning were slightly longer than the new July odds, and the prize fund rate for June was lower, according to consumer outlets. NS&I has confirmed a change taking effect from the July draw: the odds of winning will shorten to 22,000-to-1.
The practical effect for savers is straightforward. Higher prize fund rates and improved odds mean more money is available to be paid out and a slightly greater chance that any given bond will win. But the change doesn't alter core features of the product: the minimum and maximum holdings, the one-entry-per-pound rule, and the monthly draw cadence remain as they are.
Millions of pounds remain historically unclaimed, and the prize checker plays a role in reconnecting holders with older awards. NS&I continues to operate a system of in-person handovers for the top jackpots, delivered by the service's so-called Agent Million for the two top winners.
Households that hold Premium Bonds, savers considering switching into the product, and people who have unclaimed prizes are the main groups affected by this month's outcome and by the July change. For existing holders the immediate action is simple: check the online prize checker or the app with your holder number to see whether a prize has been credited or is waiting to be claimed.
Related Articles
- SpaceX IPO flags water risk, sets employee share plan
- Oil rises 3% as S&P futures nudge higher
- Hawkstone Farmers Choir wins Britain’s Got Talent and £250,000
Watch the July draw, when NS&I will apply a higher prize fund rate and the improved 22,000-to-1 odds to bonds entered that month.
This article was created with AI assistance.
