When I did it nothing happened when I tried to bind the controller to the receiver. I followed all of the instructions but windows wouldn't recognize the controller. The retailer sent me some instructions that said if for some reason the drivers were not being installed plug the controller into the pc using the play and charge kit. I did and then the drivers proceeded to be installed.
I found the same instructions
here
Edit: Forgot to mention, the receiver I bought was from ebay, probably a knock off, but other than the installation problems it works great. This doesn't change the fact that the only way windows would install the drivers was when Iugged in the play and charge kit.