{
  "id": 2530622,
  "title": "Premium bonds: more chance of win as NS&I ups prize fund rate again",
  "url": "https://urgent.news/2026/08/22/premium-bonds-more-chance-of-win-as-ns-i-ups-prize-fund-rate-again",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-22T05:00:54.000Z",
  "source": {
    "name": "Guardian Business",
    "slug": "guardian-business",
    "url": "https://www.theguardian.com/money/2026/aug/22/premium-bonds-chance-odds-win-nsi-ups-prize-fund"
  },
  "original_language": "en",
  "account": "The government-backed savings bonds, known as premium bonds, are offering potential holders a greater chance of winning prizes, as National Savings and Investments (NS&I) increased the prize fund rate for the September draw. With 22 million current bond holders, there will be 308,000 more prizes available in September than the previous month. This is the second time in two months NS&I has raised the prize fund rate, with one expert stating the UK's savings bank is \"pulling out all the stops\" to attract more cash. The prize fund rate, which represents the percentage of the total invested amount paid out in prizes, is being increased from 3.8% to 4.35% from September's draw. This change improves the odds of winning with each £1 bond number from 22,000-1 to 21,000-1, and it is expected there will be 308,000 more prizes in September than in the current month, with the prize pot increasing by around £63m to £497m.",
  "summary": "Savings bank estimates there will be 308,000 more prizes available in September draw than the month before Premium bond holders will have more chances of winning prizes after changes announced this week. From September there will be more prizes up for grabs for the 22 million people who hold the government-backed savings bonds. Continue reading...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}