Yesterday, on their Facebook page, the Kentucky Derby Festival posted a picture of the 2014 Pegasus Pin:
"New for 2014, any Pegasus Pin is your chance to win one of 8 Weekly Grand Prizes. The prizes will be given away on Fridays beginning Friday, March 14 through Friday, May 2. Pegasus Pin purchasers also have a chance to win a gold pin. The odds of finding a gold winner pin are 1 in 12, with 20,000 of these pins in circulation. In addition to the Weekly Grand Prizes, the Gold Pin Winners are eligible for a chance to win a new Honda CRV, which will be given away on Friday, May 9."
Pegasus Pins can be purchased at more than 1,000 retail outlets in Louisville and Southern Indiana starting on March 3, 2014. A Pegasus Pin is $5 and will get you into various Kentucky Derby Festival events. Family Fun Packs of five pins will be available for $20