The Sweepstakes Shipwreck, a historic maritime disaster, occurred in 1913 when the wooden schooner ran aground off the coast of Lake Michigan. Today, the Sweepstakes Shipwreck serves as a popular dive site, attracting underwater explorers eager to witness the remnants of this once-proud vessel. The wreck, now partially submerged, offers a glimpse into the challenges faced by sailors in the Great Lakes, making it a significant point of interest for both history enthusiasts and divers alike.