As well as the £1 million jackpot you can win anything from £25 to £100,000 for each Bond number you hold. If you win the jackpot, you will get a visit from Agent Million. The table below shows the full range of prizes:
Each month’s prize fund is equal to one month’s interest on the total value of all eligible bonds. The interest rate section gives the current prize fund rate, the number of jackpots, together with the share of the prize fund allocated to each prize band. It also gives the odds of each £1 Bond number winning a prize.
Changes to Premium Bonds prize fund
The interest rate used to calculate the prize fund, the number of jackpots, the share of prize fund allocated to each prize band and the odds of winning are all variable, so they may change from time to time.