Very quick hangman game to teach primary school kids in 1 hour

Hangman.py

Making a hangman game, woohoo

#Get input and convert to list
word = raw_input("Please input your word: ");
word = list(word);

guesses = 5;

#Setting up our hashes list 
guessingWord = len(word)*["*"];

while(guesses>0):
    guessLetter = raw_input("Please enter a char to guess: ");

    for i in range(0,len(word)):
        if(word[i]==guessLetter):
            guessingWord[i]=guessLetter;

    if not "*" in guessingWord:
        break;
    print ''.join(guessingWord);
    guesses = guesses-1;

#Output as a string
if guesses>0:
    print("You have won the game!!!");
else:
    print("Sorry but you ran out of guesses, the correct answer was: ");
    print ''.join(word);