This video tutorial will help you get started playing sounds in Ableton Live Lite using your M-Audio MIDI Keyboard:

If your keyboard is not detected, see this USB MIDI Keyboard, Controller & Interface Installation Troubleshooting Guide.

If you are using the built-in sound card on a Windows PC, see this article regarding latency.

If there are no instrument presets available to load, see this guide for getting a free upgrade to the latest version of Ableton Live Lite.