I think that is Will's pig with the eyeshadow and everything.
To answer Nervousing's question earlier, there was an incident last night with Drew stripping off (I think he was in the shower) and putting a towel around him (at first all around his body, like a woman would), and I think he put on H's hat and went outside (or maybe Nk stuck it on him). Either way, some people yelled to Jase--"Ooooh, Jase, there's Holly!" Jase said it was sad that was all that they could come up with to try to get him off the podium.
At this point, it was about 8 hours into this and they were all exhausted. But Drew ran right back inside with the hat and put it up. I don't think anything bad happened with the hat. The running gag earlier was that they were all talking smack to each other when all of them were still standing at the beginning of the comp., and someone said maybe they will bring Holly out here and you'll just have to jump down and give her a hug! Jase then said "Only because I miss her so much!" or something like that. So the seed was planted early with the gag that Holly was there, and Drew wore the hat and that was supposed to carry on with that gag. That's why Drew was wearing that hat. I didn't report on it then because I didn't see it well and I didn't know for sure if Dw put it on his head or if Nk did, etc. and I didn't have enough details to put it in the transcription thread. I'm glad you brought it up here, though, because I had forgotten about it.