Premium Bond winners for March announced - with two £1million prizes confirmed

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Here are the Premium Bond results for March (Image: Getty Images)
Here are the Premium Bond results for March (Image: Getty Images)

Premium Bond prizes for March have been released today - have you woken up £1million richer?

Each month, National Savings & Investment (NS&I) gives away two £1million prizes to two lucky Premium Bond holders.

The first big winner for March lives in Nottinghamshire, with this person holding the maximum £50,000 in Premium Bonds.

They bought their winning Bond 417YB876187 in October 2020.

The second £1million winner is from Oxfordshire with the Bond number 319WC638508.

Premium Bond winners for February announced - two people are £1million richer qhiddkirhiqzdinvPremium Bond winners for February announced - two people are £1million richer

Their winning Bond was purchased back in January 2018 and they hold £30,284 in Premium Bonds.

Premium Bonds is an investment product but instead of getting interest each month, you're entered into a prize draw.

Have you won big on Premium Bonds and want to share your story? Let us know by emailing: [email protected]

This means your chance of winning is completely down to chance - and you may not win anything at all.

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

Of course, the chances of winning the bigger prizes are much slimmer than the smaller sums - and some months, you may not win anything at all.

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

Jill Waters, NS&I Retail Director, said: “Our warmest congratulations go to our two jackpot winners from Nottinghamshire and Oxfordshire, and to all our winners over the years.

“Since the first ever Premium Bonds draw in 1957, we’ve now paid out a staggering £25.1 billion in prizes – that’s an impressive milestone, and shows why Premium Bonds continue to be so popular with so many people.

“Could you be a jackpot winner next month? Make sure all your contact details are up to date, including your address – you never know, one of our Agents Million might be knocking on your door sometime soon to deliver the life-changing news.”

NS&I confirms another huge change to Premium Bonds - and it means more prizesNS&I confirms another huge change to Premium Bonds - and it means more prizes

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 you have invested.

The vast majority of the prizes released each month are for £25.

Last month, NS&I announced it has increased its prize fund rate for Premium Bonds.

The rate has gone up from 3.15% to 3.3% from its March 2023 draw, meaning £15million more in prizes were up for grabs.

The jackpot prize of £1million is still only awarded to two winners.

Levi Winchester

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