To celebrate our upcoming first anniversary on May 21, Media Predict is giving away an iPhone! It’s a great warm-up to an exciting new prize scheme we’ll be unveiling soon.

Here are the basic outlines:   

1. Create a new account at Media Predict and receive $5,000 in game money.
OR…
If you have an existing account, contact us here and we’ll reset your account to $5,000 for purposes of the contest. (We’ll restore to your account to its original level once the contest is over.)

2. Make as much money as you can playing Media Predict until June 12.

3. Every dollar in your account will be worth one lottery ticket in our prize drawing on June 12. The more money you make, the more you increase your odds! 

For more information, see our official contest rules.

(Side note: We’re not making any promises about whether the 3G version will be out by then — we’ll leave that to CNBC’s Jim Goldman – but an iPhone is an iPhone.)