At long last, Valve has opened up reservations for the Steam Machine and revealed pricing for the system. It starts at $1,049 for a 512GB variant and that’s without the new Steam Controller. A bundle with the controller costs $1,128. As such, you’d get a $21 discount on the peripheral, which normally costs $99. Plus, if you order a controller separately now, it may not be delivered until 2027 as Valve is focused on bundling it with the Steam Machine.

The Steam Machine also has a 2TB storage option. By itself, that costs $1,349. A bundle with a controller will run you $1,428. The 2TB options come with alternate red fabric and solid walnut faceplates.

Valve is running a lottery system for those interested in the first batch of Steam Machines. To take part, you need to have a Steam account that’s in good standing and to have bought something on the platform before April 27. This is, in part, an attempt to prevent the device from falling into the hands of scalpers.

You can sign up until 1PM ET on June 25. The company will then randomize the entries to determine the reservation and waitlist order. At that time, you’ll be informed that you’re either in a reservation queue or a waitlist. Those in the reservation queue will start getting emails on June 29 with the option to purchase the Steam Machine they signed up for. Those on the waitlist will be able to buy one later. 

“We underestimated customer interest when we recently released the new Steam Controller, and we wanted to create a system that would be less frustrating and more fair for everyone,” Valve wrote in a blog post. “A launch that starts at a specific day and time tends to reward bots, people with fast internet connections, talented gaming fingers for quick F5/refresh reactions, and those who can schedule their life around that moment. By accepting reservation signups over the course of a few days, without any incentive to be first, we’re hoping to take away some of that friction. The longer timeframe also allows us to do some extra validation on the signups to make sure they’re real accounts, with only one per household.”

Valve is running separate reservation lists for each region where it’s initially shipping the Steam Machine: North America, United Kingdom/EU and Australia. Komodo is handling sales in Japan, Taiwan and Hong Kong. Valve says the Steam Machine won’t ship to South Korea.