Two Premium Bonds holders became millionaires in the February NS&I draw, while people across the UK shared more than £408 million in tax-free prizes.
With Valentine’s Day approaching, the timing could not be sweeter for the two jackpot winners, who each secured the top £1 million prize in this month’s draw.
Who Won the £1 Million Premium Bonds Prizes?
The first £1 million prize was won by a bond holder from Central Bedfordshire.
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Winning bond number: 489TB013219
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Bond purchase date: February 2022
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Total Premium Bonds held: £50,000
This marks the second £1 million winner from Central Bedfordshire since Premium Bonds began.
The second £1 million prize went to a saver based in Liverpool.
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Winning bond number: 040QJ919368
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Bond purchase date: October 2004
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Total Premium Bonds held: £50,000
This winner becomes the fourth Premium Bonds millionaire from Liverpool, highlighting the city’s strong history of jackpot wins.
Over 6.1 Million Prizes Paid Out in February
In total, the February draw paid out 6,183,066 prizes, with a combined value of £408,082,375. All prizes are tax-free, making Premium Bonds especially attractive to savers.
The draw included more than 136.02 billion eligible £1 bonds, all entered into the monthly prize selection process.
The winning numbers were chosen by ERNIE (Electronic Random Number Indicator Equipment), a system used by NS&I to make sure the results are fair and random.
NS&I Reacts to the February Results
Andrew Westhead, Retail Director at NS&I, congratulated the winners and highlighted the scale of the draw:
“Congratulations to our two £1 million winners from Central Bedfordshire and Liverpool. ERNIE has certainly spread the love this February.
It’s also worth celebrating that over 6.1 million prizes were paid out this month, bringing the total value of prizes won since 1957 to more than £40 billion.”
February 2026 Premium Bonds Prize Breakdown
Below is a summary of how prizes were distributed in the February draw:
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£1,000,000 – 2 winners
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£100,000 – 78 winners
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£50,000 – 154 winners
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£25,000 – 311 winners
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£10,000 – 777 winners
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£5,000 – 1,553 winners
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£1,000 – 16,322 winners
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£500 – 48,966 winners
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£100 – 1,735,948 winners
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£50 – 1,735,948 winners
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£25 – 2,643,007 winners
Every eligible £1 bond has an equal chance of winning, regardless of how long it has been held.
What Are Premium Bonds?
Premium Bonds were first launched in 1956 and have remained one of the UK’s most popular savings products. Instead of earning interest, bond holders are entered into monthly prize draws with the chance to win tax-free cash prizes.
Key facts about Premium Bonds include:
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Backed by HM Treasury, offering high security
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Individuals can hold up to £50,000
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Available to adults and children under 16
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Prizes range from £25 to £1 million
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Two £1 million jackpots are awarded every month
New bonds must be held for one full calendar month before becoming eligible for the draw.
Why Premium Bonds Remain Popular
Premium Bonds appeal to savers who want:
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Capital protection
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Tax-free potential winnings
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A low-risk alternative to traditional savings accounts
While there is no guaranteed return, the excitement of monthly draws continues to attract millions of UK savers.
How to Check Premium Bonds Results
Bond holders can check results through:
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The NS&I Premium Bonds app
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Email or postal notifications
Unclaimed prizes remain available, and winners are encouraged to keep their contact details up to date.
FAQs
Who won the NS&I Premium Bonds £1 million prizes in the February draw?
Two Premium Bonds holders became millionaires in the February draw. One winner is from Central Bedfordshire and the other is from Liverpool. Both held the maximum £50,000 in Premium Bonds.
What were the winning Premium Bonds numbers in February?
The £1 million winning bond numbers for the February draw were:
- 489TB013219 (Central Bedfordshire)
- 040QJ919368 (Liverpool)
How many prizes were paid out in the February Premium Bonds draw?
More than 6.1 million prizes were paid in the February draw, with a total value of over £408 million distributed to Premium Bonds holders.
What is the maximum amount you can hold in Premium Bonds?
You can hold up to £50,000 in Premium Bonds per person, including children under the age of 16.
Are Premium Bonds winnings tax-free?
Yes. All Premium Bonds prizes are completely tax-free, including the £1 million jackpot prizes.
