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UK Premium Bonds: 24 Million Savers, 22,000 to 1 Odds

12/29/2025

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Summary

Story summary

The government-backed Premium Bonds scheme in the UK has 24 million savers and £127 billion in holdings.
The scheme runs monthly prize draws offering £25 to £1 million, creating two millionaires per draw, with a minimum of £25 and a maximum of £50,000.
The odds are 22,000 to 1, and most savers do not win.
The next draw is January 2, 2025, with results available on January 3, 2025.

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Story summary

The government-backed Premium Bonds scheme in the UK has 24 million savers and £127 billion in holdings.
The scheme runs monthly prize draws offering £25 to £1 million, creating two millionaires per draw, with a minimum of £25 and a maximum of £50,000.
The odds are 22,000 to 1, and most savers do not win.
The next draw is January 2, 2025, with results available on January 3, 2025.