Tuesday, May 4, 2021. Louisville, KY. – Derby Festival fans who found a Gold Pin in their 2021 Pegasus Pin Sponsorship envelope need to register online at www.PegasusPins.com by 5 p.m. Wednesday, May 5, to be eligible for the drawing of the new Gold Pin Grand Prize – $15,000 cash.

The winner will be announced on Friday, May 7. This year, the odds of finding a gold winner pin were 1 in 10, with 10,000 of the gold pins in circulation. Just register your pin online at www.PegasusPins.com. All pins must be registered to be eligible.

New for 2021, there’s a surprise pin in every envelope! As a way to honor the tradition of the Festival, some envelopes will have the new 2021 Pegasus Pin, and others will have a vintage Pin from 1973 to 2020. The 1973 version of the pin is valued at $800-$1,000 and it’s rare to find them.

“Pegasus Pins are still a great way to share the Derby Festival spirit and support your favorite events,” said Matt Gibson, Kentucky Derby Festival President & CEO. “Each year’s pin holds memories and a piece of history, so we encourage Festival fans to try to collect them all.”

Started as an awareness campaign for the not-for-profit civic celebration in 1973, the Pegasus Pin sponsorships are now one of four primary sources of funding for the Derby Festival. It has become a way for the community to support Festival events and show their pride in the region’s largest celebration.

Along with the chance to win Grand Prizes, each Pegasus Pin envelope also includes an offer from Great Clips, as well as 8 coupons provided by retail partners including Belle of Louisville Riverboats, Feeders Supply, the Kentucky State Fair, and Kern’s Kitchen Derby-Pie Chocolate nut pie just to name a few.

About Pegasus Pins: The Pegasus Pin Sponsorship program was started as an awareness campaign for the Derby Festival in 1973. At that time, only 10,000 of the plastic pins were produced. Since then, the pin sponsorships have become one of the primary sources of funding for the Kentucky Derby Festival.

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