NS&I is raising the rate again for September, increasing it to 4.65 per cent – the highest since March 1999
The change in odds will see an estimated £66m added to the prize fund next month, with a potential total pot of over £470m.
NS&I estimates that there will be 5,785,904 prizes up for grabs from September – an increase of more than 269,000 when compared to August 2023.in next month’s draw, but the number of people winning £100,000 is expected to rise from 77 to 90. The number of people winning the third-top prize of £50,000 is estimated to increase from 154 to 181, and 360 people are expected to win £25,000, compared with 307 in August.
NS&I chief executive, Dax Harkins, said: “These upcoming increases show that we’re supporting savers up and down the country. “Premium bonds are one of the nation’s favourite savings products, so increasing the prize fund rate to its best level since 1999 and improving the odds means that more people will have the chance to win prizes each month.”Usually, the results of the latest premium bonds draw are fully accessible to holders from
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