The record breaking tournament is scheduled for the 23rd February, 2014 with a low buy-in of only $1.
PokerStars have limited the amount of players to 230,000 which is just 5,000 more players than their previous record.
The prize pool will be a guaranteed $300k which means PokerStars will be adding an additional $70k to the tournament, the winner of the event winner of the event will get $25k for first place.
*Update – PokerStars failed to break the new record only 211,619 players registered for the tournament.