Jay-Z to get $1 million for New Year eve show

Rapper Jay-Z is set to receive $1 million for performing at a lavish Las Vegas New Year's eve party.

Jay-Z who will also bring his wife Beyonce Knowles to the gala, is set to receive the huge sum to entertain guests at the lavish launch for the new Cosmopolitan Resort and Casino in Las Vegas, reports Contactmusic.com.

British band Coldplay is also said to be playing at the $4 billion resort with frontman Chris Martin bringing his own famous guest in the shape of wife Gwyneth Paltrow.

However, Beyonce and Paltrow, who also sings, won't be joining their husbands on stage.