Premium bonds: Expert explains the 'Ernie' machine
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The Premium Bonds prize draw results are released at the start of each month. However, due to the weekend and the Bank Holiday Monday which followed, information on who scooped a substantial payout this month is yet to be revealed.
The Premium Bonds prize checker is updated on the day after the first working day of each month, NS&I explains.
For May 2021, the first working day is tomorrow, on Tuesday May 4.
As such, it should be Wednesday by which the prize checker tool is updated.
Nevertheless, it is expected some details of this month’s winners may be released on the first working day of the month tomorrow.
As such, it’s only a matter of hours until details about the latest winners of a life-changing sum of money are released.
NS&I always maintains the anonymity of winners, but some information about them is released.
For example, last month, it was announced that the two £1million jackpot winners for April 2021 came from Cumbria and Lothian.
In that month, there was a total of 3,068,376 prizes worth £88,215,800 to be paid out.
For those who want to check whether they’ve won, there is a tool specifically intended to help with the process.
The Premium Bonds prize checker is available on the NS&I website for instance.
It’s also possible to check this information via the official NS&I prize checker app.
Customers can also do this via their Alexa-enabled device.
To use the website, they will need their Premium Bonds holder’s number.
They will either need their NS&I number of holder’s number to check the information via the app.
Premium Bonds prizes range from £25 right up to the two £1million jackpot payouts.
That’s not to say everyone will scoop a payout though.
The odds of winning per £1 Bond number currently stand at 34,500 to one.
There are limits as to how many Premium Bonds a person can hold though.
This currently stands at £50,000 per person.
At the other end of the scale, the minimum investment amount is £25 per person.
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