LiveBucks announced the launch of its Xbox 360 promotion today.

The lucky winners of the LiveBucks contest will receive the complete Xbox 360 console package with a choice of $500 in accessories and games. The prize is valued at a whopping $1,000.

The contest runs from Oct. 1 until Dec. 15 and has three phases. Prizes are to be awarded monthly.

Visit this link for complete contest details.

“I understand there may be limited availability of the Xbox 360 system, especially with the holiday season fast approaching,” says LiveBucks president and chief executive Karl Hamilton. “An opportunity to pre-order arose, so we acted. This contest is a way of giving back to our loyal webmasters and provides an opportunity to show new affiliates what we’re capable of providing.”