Yes, turkey does have cholesterol.

More info: Turkey does have cholesterol the exact amount depending upon the portion of the bird you are consuming.  Three ounces of white meat, such as that found on the breast contains 66 mg of cholesterol (no skin).  The same portion of dark meat turkey contains 87 mg of cholesterol (no skin).   Giblets, on the other hand, are one of the highest foods in cholesterol at 245 mg for the same 3 ounces.

Does the Cooking Method Affect Cholesterol?

A 1983 study published in the Journal of Poultry Science put the theory that cooking may affect cholesterol, quality characteristics, and sodium content to the test.  The researchers prepared meat by three different methods, conventional oven, convection oven and microwave.  The researchers concluded that when comparing raw to cooked turkey, heating it did increase the cholesterol content while decreasing the amount of sodium but the method of cooking was irrelevant.  

Top Five Foods to Lower Cholesterol

If you are on a quest to lower your cholesterol through diet there are a few powerhouse food choices that can help you on your way.  The top five are: high fiber foods such as oatmeal and bran, fish and omega-3 fatty acids, nuts such as almonds and walnuts, olive oil, and foods with added plant sterols such as migraine and orange juice.