National Savings & Investments (NS&I) has revealed the February Premium Bonds prize winners, creating two new millionaires from Bedfordshire and Liverpool. Premium Bonds serve as a unique savings option backed by the UK Treasury, where participants enter monthly draws instead of earning traditional interest. Investments range from £25 to £50,000, with prizes up to £1 million available each month through a random selection process.
Details of the Top Winners
The £1 million jackpots went to bondholders in Central Bedfordshire and Liverpool. The first winner holds bond number 489TB013219, purchased in February 2022, and maintains a full £50,000 investment in Premium Bonds. The second recipient, from Liverpool, secured the prize with bond number 40QJ919368, bought in October 2004, also with a £50,000 holding.
NS&I publishes the complete roster of high-value prizes on its official website for transparency. This month’s prize fund stands at 3.6%, with odds of 22,000 to one for any single £1 bond to win a prize.
How to Verify Your Winnings
Bondholders can confirm prizes using the NS&I website by entering their holder’s number, the dedicated prize checker app with the NS&I or holder’s number, or by querying Alexa. These tools also help identify any unclaimed prizes from previous draws.
Winners receive notifications monthly through registered email or text alerts. However, unclaimed prizes often result from outdated contact or bank information after relocations. Currently, 2,695,399 prizes totaling £112,985,200 remain unclaimed. Since the program launched in 1957, more than 99% of prizes have reached their recipients.
Avoiding Unclaimed Prizes
To prevent unclaimed winnings, NS&I recommends direct bank deposits or automatic reinvestment into additional Premium Bonds, up to the £50,000 limit. Reinvested prizes qualify immediately for the next draw. These options now handle nine out of every ten prizes paid out. For prizes older than 18 months, users can search using their holder’s number on the online checker or app.
