Well, I didn’t win the February $10,000 Overstock Bailout contest, but someone frugal did: her name is Cara Bennett of Ocala,  Florida. Bennett is the founder of a “Frugaling Club” to help those in her community with ideas on how to save money and shop smart.

Overstock.com Chairman and CEO Patrick Byrne said, “With such a great response from our January $10,000 Family Bailout Sweepstakes, we wanted to continue our help during the months ahead. We plan to continue this $10,000 sweepstakes every month through December of 2009.”

“It’s great that we can help out the Bennett family,” Byrne added. “They are a hard-working family and we hope this $10,000 will give them the boost they need during these tough times.”

Overstock.com created the Family Bailout plan in order to give Overstock.com visitors the chance to pay off their mortgage, credit cards, or other large debts.

“This money will help me and my family through these trying times,” said Bennett. “Thank you, Overstock.com.”

According to an Overstock press release, approximately 100,000 people entered the February sweepstakes. Considering that Overstock is going to continue to offer the contest through the remainder of 2009, I’d say visit the website regularly and keep entering. You’ve got nothing to lose and potentially $10,000 to win.