Dream Giveaway has launched a new sweepstakes centered on a fully restored 1970 Oldsmobile 442 W30, giving entrants a shot at one of the rarest muscle cars of its era. The nonprofit fundraiser benefits a lineup of veterans’ and children’s charities, and it wraps up on July 16, 2026.
Only 2,574 examples of the 442 W30 were ever built, and this particular example went through a frame-off restoration to reach concours condition. It wears a Matador Red exterior with white stripes over a pearl interior, a patriotic color scheme that fits nicely with the country’s 250th birthday celebrations this year. Under the hood sits the model’s signature 455-cubic-inch V-8, rated at 370 horsepower.
Whoever wins the car won’t need to stress over the tax bill either, since Dream Giveaway is throwing in $32,000 toward the federal taxes owed on the prize. Entries start at $10 for a single ticket, with larger donations unlocking bonus tickets on a sliding scale. Entrants who would rather not donate can still take part through the sweepstakes’ official free entry method, detailed in the official rules.
Modern Car Collector readers get an extra edge this time around, receiving bonus entries toward the win on top of whatever ticket package they choose.
Head over to the Dream Giveaway 442 W30 page to see the full build sheet, browse the photo gallery, and lock in your entries before the July 16 deadline.
