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PSP (PlayStation® Portable) system. Five thousand (5,000) prizes are available. Each winner will receive a PSP system, Approximate Retail Value ("ARV"): $249/each.
PlayStation®2 computer entertainment system. Six thousand seven hundred and fifty (6,750) prizes are available. Each winner will receive a PlayStation®2 system, ARV: $149/each.
PSP Video Games. Five thousand (5,000) prizes are available. Each winner will receive one of the following PSP Video Games: Ape Escape®: On the Loose (Rated 'E' for Everyone); ATV Offroad Fury® Blazin' Trails (Rated E); Hot Shots Golf: Open Tee (Rated E); Twisted Metal: Head On (Rated 'T' for Teens) or Wipeout® Pure (Rated E) ARV: $39.99/each.
PlayStation®2 Video Games. Fifteen thousand (15,000) prizes are available. Each winner will receive one of the following PlayStation®2 Video Games: Gran Turismo 4 (Rated E): World Tour Soccer 2006 (Rated E) or Ratchet and Clank®: Up Your Arsenal (Rated T) ARV: $39.99/each.
PlayStation®2 Greatest Hits Video Games. Twenty thousand prizes (20,000) are available. Each winner will receive one of the following PlayStation®2 Greatest Hits Video Games: ATV Offroad Fury® 2 (Rated E); Jak II (Rated E); Ratchet and Clank®: Going Commando (Rated T) ARV: $19.99/each.
The contest is not based on your exact code, but the time it is entered. The odds of winning anything are roughly 1:96000. I know this because they made me sign a thing saying I read the official rules, so I looked through them.