Premium Bonds – 2024: a year in figures
As the year draws to a close, 2024 has proven to be a bumper year for Premium Bonds, with ERNIE drawing close to 71 million winning numbers.
Here's what 2024 looked like for Premium Bonds:
- Close to 71 million Premium Bonds prizes were won in 2024, with a total value of more than £5.5 billion.
- One Premium Bonds holder struck gold in September 2024, winning £100,000 from a £100 bond held since July 2024 – the first eligible draw for that bond.
- The South East proved to be 2024's Premium Bonds hotspot, with seven £1 million prizes awarded to the region. The winning areas included West Sussex, Hampshire & Isle of Wight, Southampton, Surrey and Kent.
- Agent Million clocked up 5,453 miles in 2024, travelling across the UK to deliver life-changing £1 million Premium Bonds prizes to 24 winners.
- Agent Million's 2024 travels covered the length of Britain – from their most northerly visit to the Scottish Highlands, to their most southerly destination in Cornwall.
- A Staffordshire bond holder who invested just £1 in April 1960 scooped a whopping £25,000 prize in September 2024.
- ERNIE turned 67 this year and since the first draw in June 1957, ERNIE has drawn 731 million prizes with a total value of £34.1 billion.
- Over 84,000 Premium Bonds accounts were opened for under 16s in 2024.
- 2024 brought significant wins for young Premium Bonds holders, as 17 children received prizes of £100,000 each.
- Over 124,000 Premium Bonds accounts were opened with the minimum £25 in 2024, with over 61,000 (approximately half) customers adding to their initial £25 investment since then. The average account balance for new customers in 2024 is just over £10,000.
- In the February 2024 draw, a Bond holder from Essex won £50,000 with a £10 holding which they’d bought in 1990.
- Premium Bonds marked 30 years of its £1 million jackpot in April 2024 – ERNIE has now created 544 millionaires since the jackpot prize was introduced in 1994.
- February was the biggest month in 2024 for total prize value, with over 5.8 million prizes drawn, worth £475,609,325.
- The total amount of eligible Premium Bonds held increased by more than £5 billion in 2024 – from £122.2 billion to £127.7 billion.
Notes to Editors
- The prize fund rate for Premium Bonds is 4.00%. The odds of any £1 Bond number winning a prize are 22,000 to 1.
- NS&I has spokespeople available for interview, including Agent Million, as well as national and regional facts and figures about Premium Bonds. If you require any further details, please contact the NS&I media team on the contact details below.
- All Premium Bonds prizes are free of UK Income Tax and Capital Gains Tax.
- NS&I is one of the largest savings organisations in the UK, offering a range of savings and investments to more than 24 million customers. All products offer 100% security as NS&I is backed by HM Treasury.
- NS&I photography and logos are available to download here .