The first results for 2025 have been released today - and two people are starting the year £1million richer.

There are two £1million Premium Bond prizes given out every month. The first £1million prize went to someone in Liverpool with the winning bond number 492XB861312. This person holds £37,025 in Premium Bonds, and they purchased their winning bond in March 2022.

The second person who is now £1million richer is from Gloucestershire. They won with the bond number 601RW421962, which they only bought in November 2024. This person holds the maximum £50,000 in Premium Bonds. Premium Bonds are a type of product run by National Savings & Investment (NS&I) but instead of earning interest, 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

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The prizes start at £25 and go up to £1million - but some months, you may not win anything at all. You get a unique bond number for every £1 invested, and the maximum you can have saved in Premium Bonds is £50,000. The odds of a bond winning each month are 22,000 to 1 for every £1 bond - but most prizes are for smaller amounts.

NS&I reduced its prize rate from 4.15% to 4% for its January 2025 draw. There will still be two jackpot prizes of £1million given away every month. The prize fund rate is described as the the nearest thing Premium Bonds has to an interest rate.

You can use the tool, or the Premium Bonds prize checker app, to see if you've won. If you're a winner, you can have the money paid into their bank account, or reinvest it into new Premium Bonds. You should be emailed or sent a text message from NS&I if you've won.

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