I wouldn't worry about state police swarming in on the winners of the tournament. Remember, the ban is on funding (banks and online services,) not the players themselves. If you win, PokerStars support will make the arrangements with you. You get $1000 spending money put into your Stars account, the buy-in and fee to the tournament and a hotel room. They'll also try and get you to wear PokerStars apparel during the tournament. Since they're giving away 200 packages it's definitely worth entering the satellite. If I had $370 in my Stars account, I would. Those are some damned good odds. Even if you're not a great poker player, playing in the WSOP is a once in a lifetime experience.
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