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When is the May Premium Bonds draw?

Could you be a winner in this months Premium Bonds draw? (Picture: Getty)

Now that bank holiday Monday has passed, many people will be wondering when money will be won in the May Premium Bonds draw.

Each month, National Savings and Investment (NS&I announce winners of a monthly prize draw, with some people standing to win £1million.

Here is what you need to know about the May Premium Bonds draw…

When is May Premium Bonds draw?

You can see if you’ve won anything online (Picture: Getty)

The May Premium Bonds draw began Tuesday May 4.

The full prize draw results are available on the NS&I prize checker the day after the first working day of the month.

Due to May beginning on a bank holiday weekend, Tuesday May 4 became the start date for the Premium Bonds draw, as it is first working day of the month.

The full list of winners won’t be made available until Wednesday May 5.

How can I check if I’ve won in the Premium Bonds draw?

The quickest way is to the use the NS&I prize checker website.

Simply enter your unique holder’s number into the tool – you can find your holder’s number on your Bond record by logging into the NS&I online service, and it will have either 10 or nine digits, or eight digits followed by a letter.

You’ll also be alerted that you’ve won a prize either by email or text message.

What happens if I win in the Premium Bonds draw?

A couple stand together holding money.

People have won £1 million in Premium Bond draws (Picture: Getty)

NS&I will either pay your winnings straight into your bank account, or reinvest them into more Bonds, depending on what you’ve asked them to do.

If you’ve won a prize of £5,000 or more, NS&I will need to check with you first by sending a claim form in the post for you to complete and confirm how you would like to be paid.

If you’ve been lucky enough to win the million pound jackpot, usually an “Agent Million” will visit you in person to deliver the news, but this is unlikely due to the on-going pandemic.

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