 First Prize shall be a new seven-foot Steinway (B) grand piano or a new seven-foot Mason & Hamlin (BB) grand piano1. The retail value of this prize (MSRP) is approximately $60,000. The odds of winning this prize, based purely on chance, are are one in 282.
Second Prize shall be a transferable coupon valid for up to three years and worth $10,000 towards the purchase of any new Mason & Hamlin or Estonia grand piano in the Faust Harrison inventory. The odds of winning this prize, based purely on chance, are 1 in 281. This prize has no cash value.
Third Prize shall be a transferable coupon valid for up to three years and worth $5,000 towards the purchase of any new Mason & Hamlin or Estonia grand piano in the Faust Harrison inventory. The odds of winning this prize, based purely on chance, are 1 in 280. This prize has no cash value.
Fourth Prize (to be awarded to each of 50 participants) shall be a transferable coupon valid for up to three years and worth $1,500 towards the purchase of any new Mason & Hamlin or Estonia grand piano in the Faust Harrison inventory. The odds of winning this prize, based purely on chance, are 50 in 279 (or about 1 in 5.5). This prize has no cash value.
Footnote: 1. The specific piano to be awarded will be determined by us at the end of the study. Shipping charges from our premises (Manhattan, Dobbs Ferry or Irvington, NY) shall be the responsibility of the prizewinner. Any gift, income or sales taxes associated with the awarding of this prize shall also be the responsibility of the prizewinner.
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