LuLu*s fans, we have a great contest for you today!

In conjunction with Life & Style Magazine Weekly we are offering a change to win the excellent faux leather clutch pictured below, along with a $500 gift card to Lulus.com. That’s right, 500 bucks!

Quick, go to the Life & Style Magazine Win It section to enter online. All entries must be received by September 30, 2009 03:59 ET. Good luck!