Check this video out!
YouTube - Beer+old turbo=home made jet engine
YouTube - Beer+old turbo=home made jet engine
Was it dry ice in the bucket below the intake? I'm not sure what exactly I was looking at, but it is cool!
I think that it was an oil sump. You would have to circulate oil to the turbo shaft. I think that the oil was probably overheated when it drained from the turbo.