PokerStars has on Monday night announced the final details for the second edition of the Micro Millions tournament series, including a combined prize pool of $5 million.

The Micro Millions is designed to cater to recreational and micro stakes players, and will offer a full range of tournaments across a wide range of formats.

All in all, PokerStars has lined up 100 events, with buy-ins ranging from just 11 cents to $22.

The festival will run from July 12 through 22, and will culminate with a $22 Main Event, which offers a guaranteed $150,000 first prize payout to one lucky winner.

The remaining events will also feature tempting guarantees, adding up to a combined $5 million prize pool for the entire series.

Satellites for the events are also available, and will run around the clock on PokerStars from today and all the way up to the series' first event on July 12.

The first edition of the Micro Millions was played in March this year, and saw player "Zabaleta1" make his way through a monster 54,065-player field to claim the $22 Main Event title.

The win gave "Zabaleta1" a first prize payout of $140,000 after striking a three-way deal on the final table.

In addition to the guaranteed prized, the Micro Millions will also feature a leaderboard challenge, in which one winner will be awarded with a $15,000 package for PokerStars Caribbean Adventure in January next year.

For more information about the Micro Millions II, see the PokerStars Blog.