Howard Stern’s beauty pageant for Tiger Woods’ alleged mistresses takes place Wednesday and the winner gets not only a prize of $100,000 from the AshleyMadison.com website  but also a ‘mistress’ ring. Jeweler Steven Singer, infamous for his “I Hate Steven Singer” ad campaigns, created a 3.5-carat total weight black diamond ring for the winner of pageant which will be held live on air during Stern’s Sirius XM radio show.

A few of the women involved in the Tiger Woods scandal will participate in several categories like “bikini” and “talent” to win the prize. The jeweler says the piece is the “perfect mistress ring.”