Yes the Business Software Alliance (BSA) has upped the stakes.  Reward incentive starts at $200,000 all the way to $1,000,000.  Concurrent with the Rewards announcement, BSA is launching “Blow the Whistle,” a national advertising campaign that encourages employees to report software piracy.  “Blow the Whistle” will commence in July with national radio and online advertisements.  Throughout the year, BSA will target efforts in states including California, Texas, Illinois, New York, Florida, New Jersey, Pennsylvania, Ohio, Georgia and Arizona.  Individuals can learn more about the BSA Rewards program or submit a confidential report by visiting www.bsa.org or calling 1-888 NO PIRACY.  Reward payments are subject to eligibility requirements, the details of which are available on the BSA Web site.

I checked it out for myself dont think that you will getting a million bucks for snitching on your favorite warez site.  The rewards are based on the lawsuit settlement.  Basically the BSA sues the site or person(s) involved in the piracy, then you would get  percentage of the settlement.  Dont Try It!!! You wont get any money!!