Wendy's giving you the chance to win the Ultimate Game Room for under $1

Wendy's burger chain has an online promotion called '99¢ Bid for Value' that gives participants a chance to win the "Ultimate Game Room".

All for under a buck.

The contest is a reverse auction of sorts, where answering trivia questions will bid down the price tag. First bidder to reach 99¢ wins the Ultimate Game Room, consisting of a gaming chair, plasma TV and an Xbox 360 Elite.

These prizes are given away separately too.

New prizes go up for bid every half hour starting at 11:00am EST today:

• 11:00am EST – 11:29am EST Microsoft - Xbox 360 Elite Console
• 11:30am EST – 11:59am EST Ultimate Game Chair - Ultimate Game Chair V3
• 12:00pm EST – 12:29pm EST Panasonic - 50" 720p Flat-Panel Plasma HDTV
• 12:30pm EST – 12:59pm EST Ultimate Game Room - Microsoft Xbox 360 Elite Console, Ultimate Game Chair V3, Panasonic - 50" 720p Flat-Panel Plasma HDTV

Good luck folks.

Via Joystiq.