When Are August Premium Bond Winners Announced?

When Are August Premium Bond Winners Announced?

There’s something thrilling about waking up to the possibility of becoming a millionaire overnight. That’s exactly what happened to two lucky Premium Bonds holders in August 2025.

Every month, savers across the UK and abroad wait eagerly for the results of the National Savings & Investments (NS&I) Premium Bonds draw, and August is always one of the most anticipated.

With over £396 million paid out in prizes this month alone, it’s no wonder millions of bondholders are keen to know: When are August Premium Bond winners announced?

This guide takes a detailed look into the August 2025 draw, including the big winners, how to check your results, what your chances really are, and why Premium Bonds continue to be a favourite choice for British savers.

What is a Premium Bond and How Does It Work?

What is a Premium Bond and How Does It Work?

Premium Bonds are a unique savings product offered by National Savings & Investments (NS&I), a government-backed institution.

Unlike traditional savings accounts, Premium Bonds do not pay interest. Instead, each £1 invested gives the saver a chance to win tax-free prizes in a monthly draw.

How It Works?

Premium Bonds function through a lottery-style system powered by a random number generator named ERNIE (Electronic Random Number Indicator Equipment).

Each month, ERNIE selects winning bond numbers randomly. Every bond number has an equal chance of being picked, whether it’s held by someone with £25 or £50,000 invested.

Investment Rules

  • Minimum Investment: £25
  • Maximum Holding: £50,000
  • Odds of Winning per £1: 22,000 to 1
  • Tax: Prizes are tax-free
  • Security: Backed by HM Treasury

With no risk of losing money and the potential of winning prizes ranging from £25 to £1 million, Premium Bonds offer a blend of excitement and security.

What Are the Chances of Winning Premium Bonds in August 2025?

The odds of winning have always been a hot topic. In August 2025, each £1 bond held had a 1 in 22,000 chance of winning a prize.

However, it’s essential to remember that these odds apply to each bond, not each bondholder, so naturally, those with more bonds have more entries into the draw.

Prize Fund Rate

For August 2025, NS&I announced a change in the prize fund rate, lowering it from 3.8% to 3.6%. This slight reduction affected the number and total value of prizes available, although the biggest jackpots remained untouched.

Martin Lewis’s Analysis

Money expert Martin Lewis often reminds savers that while the prize fund rate may seem attractive, actual returns can vary greatly. While some lucky winners will receive big payouts, many will not win anything at all. It’s possible to hold Premium Bonds for years without winning a single prize.

Who Won Big in August? A Look at August’s High Value Winners

Who Won Big in August?

August 2025 brought smiles to many faces, especially two jackpot winners who each scooped the coveted £1 million prize. Let’s take a closer look at the headline winners of the month.

August’s £1 Million Winners

Prize Value Winning Bond Bond Holding Area Bond Value Purchased
£1,000,000 148YD123622 £7,000 Central Bedfordshire £1,000 Dec 2008
£1,000,000 205XQ030808 £50,000 Overseas £10,000 May 2013

One winner, from Central Bedfordshire, won after holding just £1,000 in Premium Bonds for over 16 years. The other winner resides overseas, with a winning bond purchased in 2013.

Other Notable £100,000 Winners

Prize Value Bond Number Bond Holding Area Bond Value Purchased
£100,000 387YA700889 £50,000 Wiltshire £6,000 Mar 2020
£100,000 581BP076376 £49,000 Somerset £45,000 May 2024
£100,000 310WW637939 £50,000 West Midlands £33,400 Sep 2017
£100,000 164GW677445 £30,400 London £5,000 Jan 2010

One standout story involves a bondholder from West Scotland who turned a modest £750 investment into a £100,000 win. This reinforces NS&I’s claim that every £1 bond has an equal chance.

When Are August Premium Bond Winners Announced?

The August Premium Bonds draw officially took place on Friday, 1 August 2025. However, the results were released and published by NS&I on Saturday, 2 August 2025.

NS&I typically releases the results on the 2nd working day of each month. This timing allows their systems, including ERNIE, to finalise the draw results and prepare notifications.

How Notifications Work?

Winners are notified via:

  • Email or text (if contact details are up to date)
  • Post (for large wins)
  • NS&I App or Website Prize Checker

Some winners of high-value prizes also receive a visit from Agent Million, a discreet NS&I representative who delivers the good news in person.

Source: https://www.nsandi.com/prize-checker/winners

What Is the Total Number and Value of Prizes in August 2025?

What Is the Total Number and Value of Prizes in August 2025?

This month, the NS&I paid out over £396 million in tax-free prizes, spread across 6,005,404 winning bonds. This includes everything from the £1 million jackpots to thousands of smaller £25 wins.

Breakdown of August 2025 Prize Distribution

Prize Value Number of Prizes
£1,000,000 2
£100,000 75
£50,000 151
£25,000 301
£10,000 753
£5,000 1,506
£1,000 15,854
£500 47,562
£100 1,686,065
£50 1,686,065
£25 2,567,070
Total Prizes 6,005,404
Total Value £396,356,500

This distribution showcases how the prize structure aims to offer both large jackpot opportunities and frequent smaller wins.

Where Can Savers Check If They’ve Won in the August Draw?

Checking if you’re a winner is quick and easy with NS&I’s online tools.

Ways to Check

NS&I Website Prize Checker

You can enter your holder number on the NS&I prize checker to instantly see if you’ve won.

NS&I App

This app allows users to:

  • Check winnings
  • View bond holdings
  • Receive notifications

Email or Post

Winners of major prizes will be contacted directly. For smaller prizes, it’s worth checking manually.

What Happens If a Prize Goes Unclaimed?

What Happens If a Prize Goes Unclaimed?

According to NS&I, there are currently over 2.6 million unclaimed Premium Bonds prizes, valued at £105 million. Many savers may not even realise they’ve won due to outdated contact details or forgotten investments.

Reasons Prizes Go Unclaimed

  • Moved house without updating address
  • Changed email or mobile number
  • Bond purchased for a child or by a relative and forgotten

What To Do?

To avoid missing out, savers should:

  • Regularly check using the NS&I app
  • Keep personal details updated
  • Search for unclaimed prizes using NS&I’s dedicated tool

How Are Prize Winners Chosen and Locations Announced?

ERNIE selects the winning bond numbers at random, ensuring fairness in every draw. The draw is entirely digitised, and every bond has an equal chance, no matter when or where it was purchased.

Winner Location Privacy

NS&I publishes only the area of each winner, never full names or addresses, to protect privacy. For example, you’ll see a winning bond listed as being from West Midlands or Ealing, without more detail.

This approach balances transparency with the protection of personal information.

Why Do People Continue Saving with Premium Bonds?

Despite the odds of winning being relatively slim, Premium Bonds remain one of the most popular saving methods in the UK. Here’s why.

Trusted by Millions

  • Over 24 million bondholders
  • More than £127 billion invested
  • Backed by HM Treasury, ensuring complete safety

Advantages

  • 100% Security: Unlike banks, which only guarantee deposits up to £85,000, NS&I guarantees 100% of all holdings.
  • Tax-Free Prizes: All winnings, no matter how large, are completely tax-free.
  • Excitement Factor: The monthly draw adds an element of excitement that traditional savings accounts lack.

How to Download All Winners and Sort by Prize Value or Region?

NS&I allows users to download all Premium Bond winners for any given month, including August 2025.

How To Access?

Visit NS&I’s official website and go to the Prize Checker section. You’ll see options to:

  • Download All Winners in PDF or CSV format
  • Sort by Prize Value
  • Filter by Region or Bond Value

Example Table View (Top 10 Winners)

Prize Value Bond Number Area Bond Holding Purchased
£1,000,000 148YD123622 Central Bedfordshire £1,000 Dec 2008
£1,000,000 205XQ030808 Overseas £10,000 May 2013
£100,000 387YA700889 Wiltshire £6,000 Mar 2020
£100,000 581BP076376 Somerset £45,000 May 2024
£100,000 310WW637939 West Midlands £33,400 Sep 2017
£100,000 164GW677445 London £5,000 Jan 2010
£100,000 296ML556171 Avon £20,000 Feb 2017
£100,000 540AM787956 Ealing £24,250 May 2023
£100,000 530LY642592 Greater Manchester £5,000 Feb 2023
£100,000 544DB776187 West Midlands £3,250 Jun 2023

Savers can print these documents or save them digitally for future reference.

Conclusion

The excitement surrounding when August Premium Bond winners are announced is well justified. With over £396 million paid out in August 2025, Premium Bonds continue to offer a unique savings experience that combines government-backed security with the thrilling possibility of life-changing prizes.

Whether you’re investing £25 or the maximum £50,000, every bond has an equal chance each month. While not everyone will win, the risk-free nature of Premium Bonds, combined with the potential for big tax-free payouts, keeps millions of Brits coming back month after month.

If you haven’t already, check the August results now. You might be a winner and not even know it.

Frequently Asked Questions

What time are Premium Bond winners announced in August?

Premium Bond winners are officially announced on the 2nd working day of the month. In August 2025, this was Saturday, 2 August.

How do I check if I won Premium Bonds in August 2025?

You can check via the NS&I website or app by entering your bond or holder number.

Can I still win with older Premium Bonds?

Yes, as long as the bond is valid and hasn’t been cashed in, it remains eligible for all future draws.

Do Premium Bonds pay interest?

No, Premium Bonds do not pay interest. Instead, you are entered into monthly prize draws with tax-free cash rewards.

Are Premium Bond prizes taxable?

No, all Premium Bond winnings are completely tax-free.

What happens if I move abroad with Premium Bonds?

You can keep your Premium Bonds but must retain a UK bank account to receive winnings.

How can I find unclaimed Premium Bond prizes?

NS&I offers a dedicated service to check for unclaimed prizes using your holder’s number or personal details.

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