National Savings & Investments (NS&I) has officially selected two brand-new jackpot winners for the October prize draw, awarding £1 million each to lucky account holders in Somerset and East Suss*x. The high-value winning bond numbers were chosen completely at random by the institution’s electronic system, bringing major financial surprises to savers just as the autumn season begins.
The first life-changing £1 million jackpot winner holds bond number 331QY484133. Based in East Suss*x, this resident originally purchased the winning bond in May 2018 and maintains a total holding of £50,000 in Premium Bonds, which is the maximum allowed limit.
The second £1 million jackpot was secured by a bondholder based in Somerset with winning bond number 681KK770541. This winning bond was purchased relatively recently in July 2026 by an account holder who maintains a total savings balance of £16,000.
October Prize Draw Breakdown and Key Figures
According to official details released by NS&I, the prize fund rate for the October draw stands at 4.35%. Savers across the United Kingdom participated with millions of eligible bond numbers, while the overall odds of any individual £1 bond number winning a prize are calculated at 21,000 to one.
Account balances for Premium Bonds range from a minimum of £25 up to the upper limit of £50,000. Every single £1 bond purchased gives savers an independent chance to win tax-free prizes ranging from £25 up to the £1 million jackpot every single month.
How to Check If You Won
Full results for the October draw became accessible to the public starting on October 2. Participants can check if their bond numbers have been selected by utilizing several convenient methods provided by NS&I:
- The official NS&I website via the online prize checker tool
- The official Premium Bonds prize checker mobile app
- Smart home devices such as Amazon Alexa
- Direct notification emails or text messages for registered account holders
Jackpot winners are traditionally contacted directly in the days preceding the public announcement by Agent Million, an anonymous representative who travels across the country to deliver the good news in person.
Premium Bonds and Security
First introduced in November 1956 and officially drawn by ERNIE (Electronic Random Number Indicator Equipment) starting in June 1957, Premium Bonds remain one of the most popular ways to save in the UK. Instead of earning a traditional fixed interest rate, money saved is entered into a monthly lottery-style draw.
All prizes distributed through the monthly draws are entirely free of UK Income Tax and Capital Gains Tax. , investments made into Premium Bonds offer 100% security because NS&I is backed by HM Treasury.
Avoiding Unclaimed Prizes
NS&I has repeatedly reminded account holders to keep their contact details, home addresses, and bank details up to date. Failing to report changes can lead to prizes going unclaimed for years. Savers who think they might have missed out on older draws can easily search their holder’s numbers online or through the mobile app to verify any historical winnings waiting to be claimed.
