Riot Games and the League of Legends team have announced that the total prize money for the Season 2 World Championship and Regional Finals totals $3,000,000, with over $5,000,000 in prizes leading up towards the finals.

The next phase will be a series of regional championships to determine the twelve teams which will compete in the World Championship at the University of Southern California’s 250,000 square foot arena:

  • Mainland China: July 26 – Shanghai, China at China Joy – 2 teams
  • Europe: August 16 – Cologne, Germany at Gamescom – 3 teams
  • North America: August 31 – Seattle, United States at PAX Prime – 3 teams
  • Korea: September 21 – Seoul, Korea at the OGN eSports Stadium – 2 teams
  • Taiwan/Hong Kong/Macau: September 22 – Taipei, Taiwan at G1 – 1 team
  • Southeast Asia: September – Singapore at Garena Carnival – 1 team

Read more on the League of Legends site.