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:

 

  1. Close to 71 million Premium Bonds prizes were won in 2024, with a total value of more than £5.5 billion.
  2. 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.
  3. 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.
  4. 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.
  5. 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.
  6. A Staffordshire bond holder who invested just £1 in April 1960 scooped a whopping £25,000 prize in September 2024.
  7. 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.
  8. Over 84,000 Premium Bonds accounts were opened for under 16s in 2024.
  9. 2024 brought significant wins for young Premium Bonds holders, as 17 children received prizes of £100,000 each.
  10. 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.
  11. In the February 2024 draw, a Bond holder from Essex won £50,000 with a £10 holding which they’d bought in 1990.
  12. 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.
  13. February was the biggest month in 2024 for total prize value, with over 5.8 million prizes drawn, worth £475,609,325.
  14. 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

 

  1. 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.
  2. 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.
  3. All Premium Bonds prizes are free of UK Income Tax and Capital Gains Tax.
  4. 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.
  5. NS&I photography and logos are available to download here .

 

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