NS&I Premium Bonds May 2023 draw: Birmingham winning numbers and how to enter

A new month has brought about thousands of new winners of the National Savings and Investment Premium Bond prize, with two lucky winners in Birmingham bagging a cool £50,000 each.  

Through the Premium Bond scheme, NS&I confirmed two jackpots of £1 million have been won by British investors. Locally, the Sefton winner had £40,000 in Premium Bonds whilst the Nottingham winner had £32,000. 

Those with bonds have the opportunity to win tax free prizes between £25 and £1 million. 

Here is a run down of which bond numbers have won prizes for people in the West Midlands, as well as information on how the prize draw works and who can hold a Premium Bond. 

What are Premium Bonds? 

According to financial website Money Helper, Premium Bonds are an investment product issued by National Savings and Investment (NS&I). 

Unlike other investments, where you earn interest or a regular dividend income, you are entered into a monthly prize draw where you can win between £25 and £1 million tax free.

Premium Bonds were first introduced in 1956 and are now owned by approximately 21 million people in the UK.

How does the Premium Bond prize draw work? 

When you set up a bond, you will receive a unique number for every £1 you invest. So for example, if you invest £100 you will receive 100 bond numbers and each will have a chance of winning.

After holding a bond for a month, your number will be added to a monthly draw. You can buy them for yourself or on behalf of your child, grandchild or great-grandchild. You must be aged at least 16 to purchase Premium Bonds for yourself.

May Premium Bond winners in the West Midlands

The full list of the West Midlands winners is below, along with the bond number. The winners have all won at least £10,000 in the May draw- to see the complete list visit the NSandI website 

• 207FK512321 (£10,000)
• 149LX478924 (£10,000)
• 387YM412813 (£25,000)
• 224VL461392 (£25,000)
• 238HF930350 (£50,000)
• 265PG249242 (£50,000)

How can I buy a Premium Bond? 

Premium Bonds can be bought by registering an account on the NSandI website and filling out an online form or by calling 08085 007 007 to request a form which can then be filled out and sent back to the NSandI.