Premium Bond winners for November 2023 announced including two £1million prizes
Premium Bond winners for November 2023 have been announced today - and two people in the UK are now £1million richer.
The first big winner lives in West Midlands and they hold just £5,050 in Premium Bonds. They bought their winning bond 60PS313350 in May 2000.
The second £1million winner is from West Sussex with the bond number 466PQ093728. Their winning bond was purchased in August 2021 and they have invested the maximum £50,000 in Premium Bonds.
Premium Bonds are a savings product by National Savings & Investment (NS&I) and interest is paid through a monthly prize draw. This means it is completely down to luck whether you'll win anything - and just like the lottery, some months 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 just two £1million prizes up for grabs each month, compared to more than one million £25 prizes handed out and around 4.7 million £50 and £100 prizes.
Premium Bond winners for February announced - two people are £1million richer
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.
Have you won big on Premium Bonds and want to share your story? Let us know by emailing: [email protected]
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. 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. The odds of a bond winning each month are 21,000 to 1 for every £1 bond - but as we've mentioned above, most prizes are for smaller amounts.
NS&I increased its prize rate from 4% to 4.65% from its September 2023 draw - the highest level since March 1999. NS&I previously said it estimates an extra £66million will be added to the prize fund from this month, with 269,000 extra prizes up for grabs.
However, the jackpot prize of £1million is still awarded to only two winners.
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