There will be fewer high value prizes up for grabs in the upcoming Premium Bonds prize draw, as NS&I is reducing the prize fund rate from next month. The rate will be cut from 4.65 per cent to 4.40 per cent, but the odds of winning a prize will remain at 21,000 to one per £1 Bond number. NS&I announced the decision last month and predicted the number and total value of prizes which would be up for grabs after the changes. While there are still set to be two £1million jackpot winners this month, it’s estimated there will be fewer high-value prizes in March 2024. For instance, there were 91 payo…