Overview
- NS&I, which released the May results Saturday, named a Suffolk saver holding £50,000 (bond 567VN857011) and a Highlands and Islands saver holding £23,500 (bond 643SE292364) as the month’s £1 million winners.
- Savers can check results on the NS&I website or app, with smaller prizes paid automatically and jackpot winners contacted directly for verification.
- The May prize breakdown includes 71 prizes of £100,000 and 141 prizes of £50,000 along with millions of awards from £25 to £25,000.
- Premium Bonds swap interest for monthly tax-free prizes and are backed by HM Treasury, with about 24 million people holding more than £127 billion and odds per £1 bond of roughly 22,000–23,000 to one.
- This routine draw lands after NS&I acknowledged service failures that delayed payouts to bereaved families, affecting about 37,500 people and prompting CEO Dax Harkins’s resignation and the appointment of Sir Jim Harra.