Two lucky high school seniors will walk away with a lot more than their diplomas this weekend.

Thanks to donors to Project Graduation, one student will win a car and another will win a Jet Ski.

The event will run the night of graduation for Lawrence High School, 1901 La., and Free State High School, 4700 Overland Drive, and also will be open to graduates of Lawrence Alternative High School, 2600 W. 25th St.

“It’s billed as a drug-and-alcohol-free party,” said Ann Bush, this year’s co-chair. “It gives them a safe place to go and activities to do.”

Project Graduation will be from 10 p.m. Sunday to 3 a.m. Monday at Abe & Jake’s Landing, 8 E. Sixth St.

FSHS’s graduation ceremony is at 1 p.m. Sunday, and LHS’s ceremony follows at 4 p.m. Both are at Kansas University’s Memorial Stadium.

Bush said activities at the annual Project Graduation would include a disc jockey, basketball, karaoke and casino games.

About $15,000 in donated prizes will be awarded, as will several scholarships.

The prizes include electronic equipment and restaurant gift certificates.

There are two grand prizes. One is a 1991 Chevrolet Cavalier donated by John and Klee Zaricky, Lawrence residents who own Ottawa GMC.

The other is a WaveRunner Jet Ski donated by Scott and Linda Robinson. Linda Robinson is a member of the school board.

Bush said the prizes should ensure graduates will have a good time.

“It’s a major effort in terms of donations and cash and prizes,” she said. “It’s a really nice party atmosphere.”