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HAYWARD, WI (CBS/KDLH) -- The 55th Annual Lumberjack World Championships happened in Hayward Wisconsin this weekend.

Lumber jack and Jills come from near and far to participate in the world class event.

The championships draw between 10,000 and 15,000 people to the Hayward area, making it the biggest weekend for area businesses.

Event organizers say the event costs a quarter of a million dollars to put on.

The lumberjack show brings in about $750,000 to the area each year. Anthony Mildren traveled all the way to Hayward from New Zealand to cheer his friends on who are competing in the championship.

"We are from the North and South Island of New Zealand and we've come over to cheer on Jason Wynyard and Gil Lane for the event. He says this is probably the best event that he comes to so we got on a plane and traveled over 30 hours to come and have a look at their event," Anthony Mildren of New Zealand said.

Preliminary rounds continue tonight and the best of the best in each event will battle it out on Saturday.

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