People with a Premium Bond account can now check if they have won in the August draw
August Premium Bond winners have now been published(Image: Christopher Bill, Unsplash)
National Savings and Investments (NS&I) has published the top Premium Bond prizes from August which includes three winners of £100,000 from Manchester.
Premium Bonds, run by government owned bank NS&I, are a way of saving where the interest comes as cash prizes. Instead of getting traditional interest that accrues regularly, people with a Premium Bond account have a chance each month of winning money from £25 all the way up to £1,000,000.
At the start of each month the NS&I publishes the big winners and bankers can check their accounts on the second of each month.
In August, three people living in Greater Manchester won the second-top prize of £100,000, plus three people from Cheshire.
People with their savings in Premium Bonds can check if they won in the August draw(Image: PA)
The first £100k winner from Greater Manchester had £48,000 worth of Premium Bonds and won with code 530LY642592. They purchased their winning bonds in February 2023.
Another Manchester recipient of £100k had the maximum amount of £50k in their Premium Bond account, and won the mega prize with code 563JY680717 with a bond bought in December 2023.
And the final winner of £100k in Greater Manchester also had £50k worth of savings, and won with code 560DM167742. And 2023 was a lucky year as these winning bonds were purchased this same year.
Each month two people win the top prize of £1,000,000, in August one of the £1m recipients is from Bedfordshire, while the other lives overseas, according to the information published by the NS&I.
Generally, the higher amount of money you have in your Premium Bond account, the higher your chances of winning big. However that isn’t always the case.
This month, someone with just £20 worth of Premium Bonds won a staggering £25,000. This lucky player won with code 2GS993147 and the account holder is from Berkshire.
One lucky account holder won £100,000 with just £2,000 in their account(Image: Copyright Unknown)
Another Premium Bond account holder, from South Yorkshire, won a whopping £100k with just £2,000 in their account, with code 482HS200260 and bonds purchased in December 2021.
NS&I recently announced that from August, there will be a major change to its Premium Bond interest rate. Its prize fund rate is set to reduced by 0.2% from 3.8% to 3.6%.
This is the second time this year that the rate has been slashed, after going from 4% to 3.8% in April 2025.
NS&I has confirmed that odds of winning remain the same, at 22,000 to 1 for each £1 Premium Bond held, but this reduction in the prize fund rate means that a similar amount of people will win, but there will be fewer large prizes and less prize money paid out each month.
As an example, the estimated number of £100,000 prizes will decrease from 79 in June to an estimated 75 in August. The number of £50,000 prizes will fall from 159 to 151, while the number of £25,000 prizes will reduce from 317 to around 302 over the same period.
NS&I recently announced that the interest rate would be dropping again from August, after initially dropping in April(Image: NS&I/PA Wire
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Following in a similar pattern, the number of £10,000 prizes will fall from 792 in June to an estimated 752 in August, however the number of £1 million prizes up for grabs will remain the same, at two.
However, there will be a higher chance of winning a £25 prize, with the number increasing from 2,197,831 in June to an estimated 2,569,568 in August.
The total value of the prize pot will reduce from £416,221,075 in June to an estimated £396,738,700 in August. The number of prizes will remain fairly similar, at 5,974,465 in June and an estimated 6,011,195 in August.