IRS Code requires that a form 1099 be issued to anyone who is not an employee and is paid more than $600 per year.
BarrelTime keeps track of payouts and allow you to print an annual 1099 for each winning rider.
This routine prints the 1099 information onto blank 1099 forms. You can choose whether to print 1099s for all contestants receiving payouts, or only to those who were paid $600 or more.
Print | 1099 Misc Income