If you look on the main news page when you open the game, it says that you can win a free 1 year membership. I have read the article and here are the steps to win, this was copyed off the article:
FreeMMOGamer.com in collaboration with our brother site GiveawayGamer.com and KingsIsle Entertainment have teamed up to give our users the great opportunity to win 1 year subscription for Wizard101! And that´s not all, the second place will win a 6-Month Subscription. And you can win 10,000 Crowns too!
To win 1 year subscription or 6-Month subscription for Wizard101 all you have to do is prove that you are a great wizard and send us a cool spell. You are free to be creative and write whatever you want. We give an example: "To see the FreeMMOGamer, to know the way, I cast a spell in every day"
To win the 10,000 Crowns all you have to do is to send us a screenshot from Wizard101, the best screenshot will win. You can send us a spell and a screenshot, or one of the two.
Send your answers to email@example.com with the subject “Wizard101 Contest”. Don’t forget to mention your name and a valid email.
-No more than one screenshot, and one spell submission per user.
-The giveaway will run from December 6 to January 6 (2010). The winners will be published during the following days in this post and via email, so please check your mailbox
I have sent my spell along with a screenshot and I hope I win, send yours in too!