From the folks over at DotGeek.org:

Dotgeek.org is pleased to announce the PHP 5 Summer Tournament - http://dotgeek.org/highfive/

Can't stop thinking about PHP? The Summer Tournament running from the 1st June to the 30th August gives you the chance to refine your PHP 5 skills and win! Participating is simple: Just post your PHP 5-ready code snippet and let other registered users rate your work. The code with the highest rating at the end of the Tournament will be the winner. Users can also eliminate snippets in a pure tournament style. If you don't have PHP 5 Hosting feel free to apply for our Free PHP 5 hosting.

What's different about this contest? First prize is a iPod 15 GB! The second, third and fouth place prizes are a year subscription to PHP Magazine (Digital Edition).

There is no official jury - you are the jury and all registred users can vote/eliminate other snippets.

So, get on over to their site, get registered, and start posting those code snippets...