National Savings
National Savings
NATIONAL SAVINGS AND INVESTMENTS
NS&I PREMIUM BONDS
CHANGES TO PRIZE FUND RATE AND ODDS OF WINNING
On 1 December 2017 NS&I is increasing the Premium Bonds prize fund rate and improving the odds of winning.
PRIZE FUND RATE
Annual variable rate used to calculate the prize fund for the monthly draw.
| Current rate | New rate |
| 1.15% | 1.40% |
ODDS OF WINNING
The odds of each £1 Bond number winning a prize in the draw will improve.
| Current rate | New rate |
| 30,000 to 1 | 24,500 to 1 |
PRIZE VALUE BAND SHARES
The prize value band shares will not change.
| Current | |
| Higher value | 5% |
| Medium value | 5% |
| Lower value | 90% |
DECEMBER 2017 PRIZE DRAW ESTIMATE
The table below shows the estimated number of prizes of each value for the December 2017 draw when the changes have taken effect. All the prizes are free of UK Income Tax and Capital Gains Tax.
| Prize band | Prize value | Estimated no. of prizes |
| Higher value | £1 million | 2 |
| 5% of prize fund | £100,000 | 4 |
| £50,000 | 9 | |
| £25,000 | 18 | |
| £10,000 | 42 | |
| £5,000 | 87 | |
| Medium value | £1,000 | 1,660 |
| 5% of prize fund | £500 | 4,980 |
| Lower value | £100 | 22,792 |
| 90% of prize fund | £50 | 22,792 |
| £25 | 2,853,919 | |
| Total value | 2,906,305 | |
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