The club says more than 1300 people from all over the country are participating.
Contestants young and old can win big prizes just by catching fish.
The group says there are more than 600 money fish with payouts ranging from $25 to $2,000.
A new 2009 Mercury Mariner Hybrid is also among the prizes.
Doug Harmon, the chair of the Lion’s Club, said, "The largest fish is the big trout, and this year it's worth $2000, and we break that out in a 60-30-10 take for three people."
The Lion’s Club has been around for more than 80 years, and helps tackle problems such as blindness, drug abuse, and diabetes.
The event ends Sunday evening.
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