personal finance

Premium Bonds August winning numbers: How much is the jackpot – who won?

How much is the jackpot?

The jackpot in the August draw is worth £88,560,875 and there has been a total of 3,098,342 prizes this month.

There were 75,909,317,331 eligible bonds for the draw.

Two people were lucky enough to win the top prize of £1 million to become the latest millionaires.

The winners were a woman from outer London who has £29,700 invested – winning Bond number 193WA458843 – and a man also from outer London who had the maximum of £50,000 invested, his Bond number is 247YN655471. 

Every month, more than a million prize-winning Premium Bond winners are chosen at random and two bond-holders pocket £1m each.

The other prizes range from £25 to £100,000.

Along with the two new millionaires, five people won £100,000, nine won £50,000 and 20 won £25,000.

More than 90 percent of the three million odd prizes given out this month were for £500 or less.

However, seven lucky winners won high-value prizes with low holding limits.

What are Premium Bonds?

NS&I Premium Bonds is a saving account you can invest in and every month savers are entered into a monthly prize draw where you can win between £25 and £1 million tax free.

You buy £1 bonds and each has an equal chance of winning, so the more you buy, the more your chances improve.

Savers do not earn interest with the bonds, instead the interest rate funds a monthly prize draw for tax-free prizes.

Tax-free means the prizes are exempt from UK Income Tax and Capital Gains Tax.

The minimum amount can you purchase is £100 and the maximum amount you can hold is £50,000.

Savers get a unique bond number for every £1 they invest, so if you invest £100 you get 100 Premium Bond numbers and for each number there is a chance to win a prize.

How to check if you have won a prize

Savers can check if they won a prize in this month’s draw by going online and simply typing in your Premium Bond holder’s number in the Premium Bond prize checker on the NS&I website.

If you do not want to check online, you can send a letter to NS&I, Glasgow, G58 1SB, with your full name, address, date of birth and your Premium Bonds holder’s number, to check the results. 

Investors can also download the prize checker app for free on both the App Store and Google Play to see if they won the Premium Bond prize draw.


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