Premium Bonds: Britons urged to check if they won NS&I’s prize draw for April 2023 | Personal Finance | Finance

Premium Bonds holders can use the prize checker tool on the National Savings and Investment (NS&I) website to know if they have won money in April’s prize draw. The prize checker tool is updated every month to share the latest winners and their prizes.

Premium Bond savers can win between £25 and £1million each month.

With some details about the winners now public, bond holders are urged to check if they are among the lucky people to take home cash thanks to NS&I’s prize checker.

How to check if you have won
NS&I explains the “quickest way” to find out if someone has won a prize is to use their prize checker. It’ll show them this month’s prizes, anything won in the previous six draws, as well as any older prizes that people haven’t claimed yet.

The prize checker is updated on the day after the first working day of each month.

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To use the prize checker on their website, individuals will need is their holder’s number, which they can find on their Bond record or by logging in to their account.

It has either nine or 10 digits, or 8 digits followed by a letter.

People can also use their holder number to check if they’ve won in the prize checker app.

If someone has an NS&I number, they can only use this to check if they’ve won a prize in their prize checker app.

They first purchased the Bond, worth £24,580, in June 2022 Their total holding is £25,000 – only slightly more than the value of their winning Bond.

Many more Britons were lucky enough to win cash prizes with over 60 people winning £100,000. One lucky £100,000 winner even secured their high-value prize with an investment of just £25, purchased back in January 2017.

April 2023’s prize fund was worth some £331million according to NS&I. The number of prizes paid out this month has exceeded five million.

Prizes are split into three value bands – higher, medium, and lower – and each band receives a percentage share of the monthly prize fund.

Prizes in the higher band range from £1million (only two of these can be won) to £5,000, while the medium and lower bands award people the chance to win between £1,000 and £500, and £100 and £25, respectively. But after bumping the rate of the fund for the fifth time in one year, hundreds of thousands more Premium Bond savers are in with an opportunity of snapping up a prize.