Prize fund rate

May 2017 prize draw estimate

Annual variable rate used to calculate the prize fund for monthly draws.

Here are the estimated numbers of prizes of each value for the May 2017 draw when the changes have taken effect. All prizes are free of UK Income Tax and Capital Gains Tax.

Current rate

New rate

1.25%

1.15%

Prize value band shares

The prize value band share will not change.

Prize band

Prize value

Estimated number of prizes

Current

Higher value

£1 million

£100,000

£50,000

£25,000

£10,000

£5,000

2

2

6

9

23

47

Higher value

5%

5% of prize fund

Medium value

5%

Lower value

90%

Medium value

5% of prize fund

£1,000

£500

1,276

3,828

Odds of winning

The odds of each £1 Bond number winning a prize in the draw will not change

Lower value

90% of prize fund

£100

£50

£25

20,729

20,729

2,172,842

Current

30,000 to 1

Estimated totals

£63.8 million

2,219,493