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Daily Mirror
Daily Mirror
Business
Levi Winchester

Premium Bond winners for July 2023 confirmed - are you £1million richer?

Premium Bond winners for July have been announced today - and two people have woken up £1million richer.

The first big winner lives in Staffordshire, with this person holding £48,750 in Premium Bonds.

They bought their winning bond 493HK711899 in March 2022.

The second £1million winner is from Norfolk with the bond number 246DR645231.

Their winning bond was purchased in May 2015 and they hold £20,000 in Premium Bonds.

Premium Bonds are a savings product by National Savings & Investment (NS&I) - but instead of getting interest on your money, you're entered into a monthly prize draw.

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

This means your chance of getting any money back is completely down to chance - and you may not win anything at all.

You get a unique bond number for every £1 invested and each month, you can win between £25 and £1million tax free.

There are two £1million prizes up for grabs each month, compared to over two million £25 prizes that are given away.

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

You can cash in all or part of your Premium Bonds at any time.

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 - and the vast majority of the prizes awarded each month are £25.

NS&I recently announced its prize rate will rise from 3.7% to 4% from its August 2023 draw - meaning your odds will improve to 22,000 to 1.

NS&I estimates the changes will see an extra £30 million added to the prize fund from August, with 460,000 extra prizes up for grabs.

However, the jackpot prize of £1million will still be awarded to only two winners.

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