NS&I has announced the Premium Bonds prize fund rate will be cut, meaning fewer large prizes will be paid out.
The prize fund rate will be slashed by 20 basis points in August from 3.8% to 3.6%.
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Value of prizes |
Number and total value of prizes in June 2025 |
Number and total value of prizes in August 2025 (estimate) |
---|---|---|
£1,000,000 |
2 |
2 |
£100,000 |
79 |
75 |
£50,000 |
159 |
151 |
£25,000 |
317 |
302 |
£10,000 |
792 |
754 |
£5,000 |
1,585 |
1,507 |
£1,000 |
16,649 |
15,869 |
£500 |
49,947 |
47,607 |
£100 |
1,853,552 |
1,687,680 |
£50 |
1,853,552 |
1,687,680 |
£25 |
2,197,831 |
2,569,568 |
Total: |
5,974,465 £416,221,075 |
6,011,195 £396,738,700 |