MoneyPremium BondsThe winner is located in Tyne And Wear and they purchased their winning bond just four months ago in March 202608:41, 03 Aug 2026One lucky Premium Bond winner with only £650 saved has scooped £100,000 in the August 2026 draw.‌The winner is located in Tyne And Wear and they purchased their winning bond just four months ago in March 2026. The £100,000 is the second largest prize you can get through Premium Bonds, with the biggest being £1million.‌Each month, two £1million prizes are handed out. For the August 2026 draw, the first £1million winner is from Kent and they hold £21,000 in Premium Bonds. The maximum you can hold is £50,000. Their winning bond number was 664BF890888 and it was purchased in February 2026.‌Have you won big on Premium Bonds and want to share your story? Let us know by emailing: mirror.money.saving@mirror.co.ukThe second £1million winner is from Hampshire and Isle of Wight and they have £49,850 invested in Premium Bonds. Their winning bond number 491KF169443 was bought in March 2022.‌Meanwhile, one person with just £20 saved in Premium Bonds also scooped £50,000 - with a bond that was purchased in July 1981. Someone else with £30 in Premium Bonds also won £50,000. Their bond was bought in December 1979.Premium Bonds are a savings product by NS&I, which is backed by the Treasury, but instead of getting interest back on your money, you are entered into a monthly prize draw.The smallest monthly prize is £25, and the biggest is £1million, however, you are not guaranteed to win a prize every month - this means you can go periods of time without winning anything.‌There are also far more smaller prizes given out each month, versus the bigger sums. There are usually thousands of £25 prizes given out and just two £1million prizes.The maximum you can have saved in Premium Bonds is £50,000 and for every £1 invested, you get a unique bond number. New Premium Bond purchases need to be held for one full calendar month before being entered into the monthly prize draw.The odds of a bond winning are currently 22,000 to 1 for every £1 bond. The prize fund rate - the nearest thing Premium Bonds has to an interest rate is 3.8%.Article continues belowIf you win a prize, you should be emailed or sent a text message from NS&I. You can then choose to have the money paid into your bank account, or reinvested into Premium Bonds.You can also use the NS&I online prize checker tool, or the Premium Bonds prize checker app, to see if you've won. More than 22 million people currently have Premium Bonds.Choose Daily Mirror as a 'Preferred Source' on Google News for quick access to the news you value.‌Premium BondsSavings