Published On: Wed, Nov 27th, 2019

NS&I gives insight on December 2019 Premium Bonds prizes ahead of winners being announced | Personal Finance | Finance

The Premium Bonds prize draw takes place monthly, with the winners list revealed as the draw’s month begins. With November drawing to an end, Premium Bonds holders may be looking ahead to see what the final month of the year could bring for them.

Rather than earning guaranteed interest on the savings, Premium Bonds holders are in with a chance of getting a prize in the monthly draw.

While the odds of winning per £1 Bond number stands at 24,500 to one, Premium Bonds holders may still be holding out hope for scooping a prize.

The prizes vary, with the levels ranging from a £25 win to a £1million payout.

In November 2019, the prize fund reached in excess of £97million, with more than 3.4million prizes up for grabs in this month.

READ MORE: Can Premium Bonds be bought as a gift? Rules on who can be given them – but who can’t?

Ahead of the December 2019 results, NS&I has shared some insight into what followers of the Premium Bonds monthly draw could expect.

This includes two people being selected for a £1million payout.

It’s estimated that there will be six lots of £100,000, as well as 11 prizes with a value of £50,000.

A slight increase by one from last month, NS&I estimate there will be 24 winners of a £25,000 prize.


In December, it’s expected that there will be 57 payouts of £10,000 and 116 lots of £5,000.

The total prize fund is expected to reach 3,426,881 prizes, with the value estimated at £97,951,625.

Premium Bonds cost £1 per Bond number, however the minimum investment is £25.

There’s also an upper limit as to how many Premium Bonds a person can hold, and this is £50,000.

They have a holding of £26,600. Their Winning Bond has the code 168TK729554.

It’s possible to buy Premium Bonds as gifts for children under the age of 16, should a person be aged at least 16 years old.

However, these Premium Bonds will need to be managed by the child’s parent or guardian.

Any documentation, any prizes won, and/or payment for cashed in Premium Bonds would be sent to the parent or guardian.

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