|"Hanoi Water Puppets - Fairy Dance (3695189852)" by Greg Willis from Denver, CO, usa|
It's free to enter and the winning story receives a £50 Amazon or PayPal prize. There's £20 and £10 prizes for second and third place as well.
For me the best part of the contest is picking the winners and I'm always amazed at the quality of the entries. You can see what I mean by reading the winning stories from January's contest: