The 1 billionth legally downloaded song from the site, ”Speed of Sound” (purchased as part of Coldplay’s X&Y album), fell into the basket of Alex Ostrovsky from West Bloomfield, Michigan!

As the grand prize winner, he will receive a 20-inch iMac, 10 fifth-generation iPods and a $10,000 gift card good for any item on the iTunes Music Store. In addition, Apple will establish a scholarship to the world-renowned Juilliard School in his name.

How sweet it is!