Well, the Xbox "Ultimate" game sale started on July 7th (actually some were a day earlier). It is slated to end around July 13th.
I found this to be a disappointing sale. Enough with the up to 50-60% off stuff. Just say "20% or more off". Overall, there wasn't really much that I wanted. The big disappointment for me was that Ori and the Blind Forest was only 25% off with gold (not much of a sale is it?). I refuse to pay $20 for an XBLA game (no, I will never think of these "indie" games as anything other than XBLA games) - that's why I was waiting for a sale.
So, there wasn't much there that I really wanted. Does that mean I didn't purchase anything? No.
I ended up getting: Lego Batman 3, Tales from the Borderlands (telltale), Game of Thrones (Telltale, though I can't stand the boring show) and Ori and the Blind Forest. The only game that feels like it was a decent deal was Lego Batman 3. I could probably get the other games toward the end of the year for less (I could probably get Lego Batman a little cheaper too). The one game that was a little tempting that I didn't pick up was Sleeping Dogs Definitive Edition for $15 (maybe that will be cheaper later too) and I already beat it on the 360.
So, why did I get these games now (when these weren't great deals)? It is the way I do budgeting. This was using cash from a previous period now so I still have my allotted amount to spend from now until next June. I know it sounds crazy, but that is how I do things.