The Notorious B.I.G. famously rapped: "Super Nintendo, Sega Genesis/ when I was dead broke man, I couldn't picture this." That was '94 this is 2013 and consoles have come a long way -- just take the state-of-the-art Xbox One for example.

Now, with some help from our our friends at Arcade Sushi, Screencrush, and GuySpeed, we're giving away a new Xbox One Console – Day One Edition. All you have to do is enter our Xbox One Console – Day One Edition contest giveaway.

What makes the Day One so unique you ask? The Day One console is a special edition version of the Xbox One that comes with a commemorative controller, a token code to unlock exclusive Day One content, and premium packaging.

So you want specs too? The Xbox One console is powered by an 8-core x86 processor, comes with Blu-Ray capability, HDMI Pass-thru so you can control your cable through your game system, 8GB of RAM and a 500GB hard drive, and a brand new, technologically advanced Kinect.

This contest prize is valued at $500. You've gotta be in it to win it. So now that you know all of the details about what you could win you have to enter using the widget above.

Enter your e-mail address so we can contact you after you win but after that, you can use Facebook or Twitter to better your chances. The Xbox One Console – Day One Edition Contest will run until December 15, 2013 11:59PM EST and the winner will be announced on December 16, 2013. Click HERE for our official contest rules. Good luck!