How to use FormData for AJAX file upload?

<form id='anyid'  method="post" enctype="multipart/form-data" >
<input type='file' name='image' /> 
</form>

$("form#anyid").submit(function(e) {
    e.preventDefault();    
    var formData = new FormData(this);
    $.ajax({
        url: 'https://anydomain.com/fileupload',
        type: 'POST',
        data: formData,
        success: function (data) {
                console.log('we are done with upload');
        },
        cache: false,
        contentType: false,
        processData: false
    });
});