There’’s just nothing like curling up under a blanket and realizing you have the freedom to not only move your arms, but hold a baby and read a book! Enter, the Snuggie.

The jewel-colored Snuggie generated a huge cult-like following after its infomercial went viral in 2008. Hundreds of parodies of the odd commercial hit the web, inspiring Allstar Products Group, the makers of the Snuggie, to allow people to submit their own Snuggie videos for a chance to win $5,000 for first place and $2,500 for second and third place.

In addition to the monetary prize, winners will be given a few Snuggies, as well as the chance to appear in future commercials. Killer deal, right? There is a catch! Your video has to be under three minutes and submitted before midnight on September 1st. Time to go get your Snuggie on folks! 

In the meantime, enjoy this new Snuggie advertisement, the “”Snuggie Macarena.”” You’re welcome.