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Premium Bonds' prize rate drops to 3.30% and odds worsen to 23,000 to 1 starting April 2026.
Starting April 2026, Premium Bonds will see their prize fund rate drop to 3.30% from 3.60%, and the odds of winning a prize will worsen to 23,000 to 1 from 22,000 to 1.
NS&I cited shifting market conditions and the need for long-term financial sustainability.
While the number of top prizes will decrease, the £1 million prizes will remain at two.
The April draw is expected to award around £375 million in prizes across nearly six million tax-free winners.
The changes apply to all holders and require no action.
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La tasa de premio de los bonos Premium cae a 3.30% y las probabilidades empeoran a 23,000 a 1 a partir de abril de 2026.