A Premim bond holder scooped a £100,000 prize in the May draw for a £100 share he had bought just over a year earlier.
The lucky winner, based in central London, invested the £100 in premium bonds in March 2023, meaning in just over a year he made a whopping 99.900 per cent return.
Meanwhile, another West Yorkshire-based premium bond holder took home a £50,000 prize from a £125 stake in bonds he bought in June 2018.
Luck of the draw: This month’s Premium Bond winners include a £100,000 prize won by an NS&I customer with £100 in Premium Bonds
Two lucky Premium Bond holders will become millionaires in May after winning £1 million Premium Bond jackpots.
One of the coveted £1 million jackpots was won by a Premium Bonds customer from Hampshire, with a stake of £45,000. The winning bonds were purchased in September 2022.
The other £1m prize was won by a saver based outside London who had a £10,575 stake in premium bonds. The winning bonds were purchased in July 2020.
Premium Bonus Winners
| Prize | Area | Bonus value |
| £1,000,000 | Hampshire and the Isle of Wight | £24,900 |
| £1,000,000 | outer london | £10,000 |
| £100,000 | Berkshire | £15,000 |
| £100,000 | North Yorkshire | £14,400 |
| £100,000 | outer london | £39,980 |
| £100,000 | leicester | £300 |
| £100,000 | healing | £980 |
| £100,000 | Essex | £8,875 |
More winners from May 2024
This month, 45 per cent of the highest value prizes – the £1 million, £100,000 and £50,000 prizes – were won by customers with a maximum holding of £50,000, This is Money analysis can reveal.
A total of 5,888,574 prizes worth £453,420,125 will be paid out in the May 2024 draw.
There were two £1 million prizes in this month’s draw, 87 prizes of £100,000 and 173 prizes of £50,000.
Andrew Westhead, retail director at NS&I, said: ‘Congratulations to our two new millionaires from Hampshire and outer London. We’re delighted to be able to make so many people smile every month with our tax-free prizes, which range from £25 to £1 million.
‘This year we celebrate thirty years since ERNIE made our first millionaire. The May prize pool was more than £453 million and more than 5.8 million prizes were drawn.
“Each £1 voucher has an equal chance of winning, so the more you save, the better chance you have of winning a tax-free prize.”