Update: Need a little more incentive before diving into an Xbox One S this holiday? Here you go - Microsoft has announced that on top of the $50 discount, customers will also receive a $30 gift card from participating retailers when they purchase an Xbox One S console or bundle.
Those retailers include Amazon, Best Buy, GameStop, Target, Walmart.com and, of course, the Microsoft Store. You have until December 24 to take advantage of the deal, though Christmas Eve will be here before you know it.
Original story below...
Should you be interested in Microsoft's game machine - though somehow still haven't taken advantage of the past few sales opportunities - there's now a new chance to save $50 on an Xbox One or Xbox One S.
What models are on sale?
Also keep an eye out on Xbox's online store, which offers up to two free games on certain discounted bundles.
We're seeing a few of those particular bargains turn up sold out, so make haste if you wish to snag a free copy or two of Mirror's Edge Catalyst, Gears of War 4, Forza Horizon 3, Battlefield 1, and more.
Other applicable consoles include 1TB variants - which cost $299 a pop for that extra storage - and the original Xbox One model, though we'd recommend the since you'll get HDR support, 4K streaming, UHD Blu-ray playback, and a smaller console for the same price.
The sale also allows the Xbox One to stay neck-and-neck with the rival PS4 this holiday, as the Sony-branded console is also selling its for a similar $249 price tag in celebration of the season.