One million Microsoft points up for grabs!

To celebrate the release of the New Xbox Experience on Wednesday 19th November, Microsoft is giving Xbox Live gamers the chance to enter a prize draw to win a share of one million Microsoft points.

The competition is open to gamers from the US, UK, Canada and Singapore, but you must be 18 years old or over to enter. There will be total of 46 winners, the jackpot being a whopping 500,000 MS points (£4250).

There will be five second place winners who get 50,000 MS points (£425), ten third-place winners get 10,000 MS points (£85) and the remaining thirty winners will get a mere 5000 MS points (£42.50).

The sweepstake will be running from 2pm GMT on Wednesday 19th November when the NXE launches, up until early morning on Monday 24th November. To register, gamers must download the free “NXE Download and Win” gamerpic, and then to enter they must purchase either a film or TV show rental, a full Xbox Live Arcade game, an Xbox Originals game or a game add-on such as an expansion or map pack.

There are a maximum of ten entries per Xbox Live profile and you must be using the New Xbox Experience at the time of download to be eligible (which will be compulsory from Wednesday anyway.)

So if you’ve been holding off on buying Psychonauts, Portal: Still Alive, Braid, Shivering Isles or Geometry Wars 2, then Wednesday will be the best time to give into temptation.

Just imagine how many virtual T-shirts you could buy for your virtual avatar with that kind of virtual dosh!