NAPLES — The Lake Region High School Project Graduation Committee and the Sebago Lakes Region Chamber of Commerce are sponsoring a “Time is Money” fundraiser.

Based on a 12-hour clock, each hour has 60 minutes and each minute has 60 seconds. Seconds are available to purchase for $1 or 25 seconds for $20. Once a second is purchased, no one else may buy the same one.

The grand prize will be $3,000; second, $1,000; third, $500; fourth, $250; plus four $100 winners. Drawing for the prizes will be on April 9, 2010. Proceeds will benefit Lake Region High School Project Graduation and the Sebago Lakes Region Chamber of Commerce.

To purchase seconds, call 693-7064 or look for the “Time is Money” booth at events throughout the Lakes Region during the next few months.