The ailing pop icon is holding a five-day public auction at the Beverly Hilton hotel in Los Angeles in April.
More than 2,000 possessions and memorabilia from his career will go on sale, including sequined socks, a portrait of himself dressed as an Elizabethan king, a collection of Pope-mobile buggies with Jackson's face painted on them and the glove featured in his "Billie Jean" video.
The items included are so extensive, a six-volume book has been printed to detail every lot and US TV channel The Auction Network will broadcast the event live.
Even the entry gates, arcade games, fixtures, fittings and amusement rides from Jackson's abandoned Neverland ranch will be available for purchase.
Some of the items will form a touring exhibition that will travel to Dublin and London in March before going on display in Beverly Hills.
Jackson – who was once worth $750 million but is now facing severe financial problems – is said to be battling a potentially "flesh-eating" superbug.
The 50-year-old singer reportedly contracted the skin infection - which is resistant to conventional antibiotics - while having surgery to reconstruct his nose.
A source said: "The infection has spread throughout his face and body and is being aggressively treated by doctors."
"There's a chance it could turn into a flesh-eating disorder where it begins to kill off his skin, so he's being very carefully monitored."
