April 2024 marks the 30th anniversary of the £1 million Premium Bonds jackpot, with ERNIE awarding over 500 Bond holders the life-changing sum of money. The £1 million jackpot was first awarded in April 1994, to a Premium Bonds holder from Surrey. Since then, Agent Million has travel...
The annual Premium Bonds prize fund rate is currently 1.00% and the odds of each individual Bond number winning any prize are currently 34,500 to 1. The prize fund rate and the odds of winning are variable, so they can change from time to time. Pictures of ERNIE 5, the ...
While premium bonds do not offer a guaranteed interest rate, they do provide the opportunity to win tax-free prizes. The annual prize fund rate, which determines the average prize payout, is set by NS&I and is currently 1%. This means that for every £100 invested, the average return wo...