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mar t i thought we were talking about a fishing tournament were did the IRS come in to play and talk of a 1099. you would need a hole lot more people to take in enough money for a 1099. just go fishing and leave the IRS out of it. and as for the cheating and fighting if theres anyone reading this that has cheated or fought over cheating your not welcome to fish with me ever just keep your lines tight and put the fish back when your done taking the picture.
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Seriously, I don't know why you are turning a FISHING tournament into an argument, especially if you are an angler. This tournament is not going to break out into 500 people, maybe not even 25 people! I will compare this to a raffle at a local sports game again, they have around 50 people atleast buying tickets to win a pot of entry fees and the winner gets only 50% of the pot. I don't think the IRS has come in asking for explaining. I still think that you should try this out before questioning it. And now from your reply's i might just add a limit on it.