THE winners of the latest Premium Bonds prize draw have been announced, with winners in Oxfordshire scooping up a combined prize total of £700,000.

This comes as new research from Austrian casino review website OnlineCasinosAT.com analysed the latest data from National Savings and Investment (NS&I) after the winners of the August Premium Bonds prize draw were announced.

One lucky person in Oxfordshire scooped up a big win of £100,000.

As well as the six-figure prize, four people in Oxfordshire won £50,000, six people won £25,000, and 13 people won £10,000.

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Of the 48 winners from Oxfordshire, the average holding amount of Premium Bonds was £40,157.

At the national level, there were 1,494 winners of high value prizes for the month of August.

In total £45,905,000 was won between 3,251 winners, with 88 people winning £100,000, a further 175 winners scooping up £50,000, 352 securing £25,000, and 877 welcoming £10,000.

The luckiest region, based on winnings per £1000 in holdings, was west Sussex, whose winners received £2,920,000 with only £4,125,723 in holdings - £707 for every £1000 held.

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Erik Scholz, casino expert from OnlineCasinosAT.com, said: "Investing in premium bonds offers numerous benefits.

"As of August, the average return stands at an impressive 4.40 per cent, all tax-free.

"Moreover, the odds of winning with each bond are 21,000 to 1, providing a compelling opportunity for potential gains while enjoying tax advantages."