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10th edition of $1,000 Kentucky Derby Mint Julep Cups unveiled

The 10th edition of the Kentucky Derby's Woodford Reserve $1,000 Mint Julep Cups were unveiled on Monday.

Good news, fans of the Kentucky Derby and dropping big money at the Kentucky Derby: the 10th edition of the Woodford Reserve $1,000 Mint Julep Cup was unveiled on Monday.

The annual tradition has raised more than $410,000 for equine and humanitarian causes, and this year's proceeds will benefit the Wounded Warrior Equestrian Program.

The 2015 cup was designed by fashion guru Billy Reid and handcrafted at Louisville-based jeweler From the Vault, and the drink itself was cooked up by mixlogist Pamela Wiznitzer using the following recipe:

• 2 oz Woodford Reserve Double Oaked

• .75 oz Coconut Palm Sugar Syrup

• 6-8 Chocolate Mint Sprigs

• Candied Orange and Lemon Slices for garnish

• Powdered Sugar

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Ninety of these thousand-dollar Victory Cups are available for purchase on a first come, first serve basis through April 30—the Derby itself takes place May 2 at Churchill Downs in Louisville. The Victory Cups are individually numbered and feature hand-engraved roses with a gold-plated crest. Best of all, a gold-plated sipping straw is included with purchase.

If you are feeling especially cash-happy, 10 gold-plated Winner's Circle Cups are up for grabs for $2,500 each. These are also, naturally, individually numbered and have hand-engraved roses with a sterling silver-plated crest.

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Important: even though you can purchase the cups online, you must be in attendance at the Derby on May 2 to pick up the cup. Thusly, your purchase of a cup does not include admission to the Derby itself—those start at $35 general admission if you buy in advance or $40 day-of.

Got it? Good. Something tells us Victory Cup owners won't be pulling a "Mets fan" and chucking their beverages onto the track.

[h/t Forbes]

Mike Fiammetta