Overview

• NS&I will pay out 5,974,465 prizes worth £416,221,075 in June, including two £1m jackpots claimed by savers in Stockport and Edinburgh.
• The annual prize fund rate remains at 3.8% after its April reduction, maintaining odds of one winning bond in every 22,000 per £1 entry.
• Premium Bonds attracts over 24 million holders who have collectively invested more than £127 billion under a £50,000 per person cap.
• Seventy-nine bondholders won £100,000 prizes this month, while hundreds more secured awards ranging from £25 to £50,000.
• Financial advisers recommend that holders weigh the slim odds and lower prize fund against alternative savings options offering guaranteed returns.