NS&I declares Premium Bond winners for December; Check who won £1million

The United Kingdom has got two new millionaires after the announcement of Premium Bond winners for December. One of the two persons, who has won £1 million, is from the Highlands and Islands. This person bought the winning bond in September 2020 and held £45,000 in Premium Bonds. Their winning bond number was 414XW486235.
The second winner, who also has bagged £1 million, belongs to Wandsworth. The second person's winning bond number was 159FZ477948. This winning bond was bought in August 2009. They hold £29,042 in Premium Bonds.
Premium Bonds are an investment instrument issued by NS&I (National Savings & Investment). However, it is different from other investment products. Premium Bonds do not offer interest to people but allow them to enter into a monthly prize draw in which people can win a hefty amount between £25 and £1 million tax-free. But it also means you may earn nothing if you do not win the prize draw. Currently, the odds of winning a bond every month are 24,000 to 1 for each £1 Bond people invest in.



Nonetheless, NS&I offers people an opportunity to take back their money from bonds. In the Premium Bond, people can invest £25 to £50,000. According to NS&I, over two million Premium Bonds worth £79.4 million are yet to be claimed. One can use the nsandi.com prize checker tool and app to check the list of winners.

FAQs:

1. How many people did win the £1-million Premium Bond in December?
   Two persons became the £1-million Premium Bond winners in December.
2. Which body issues Premium Bonds?
   National Savings & Investment issues Premium Bonds.