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Outram Cavalcade Committee chairman Denis Aitken said it was decided recently that Outram would host the cavalcade's final stop next year.
Five horse groups, two walking groups, a heavy-wagon group and a light-harness group will start at seven different places in Otago and finish their journeys in Outram on Saturday, February 28 next year.
''It's a wonderful opportunity for the district.''
The cavalcade had never been to Outram and it could potentially be the largest gala day and hoedown in cavalcade history because of Outram's proximity to Mosgiel and Dunedin.
The gala day and hoedown would be held at the West Taieri Rugby Club grounds.
There would be a parade of cavalcaders and horses in the main street of Outram on the Saturday, he said.
The committee was confident it could organise the entertainment, catering and accommodation for up to 600 cavalcaders and 450 horses, Mr Aitken said.
The cavalcaders would be accommodated in woolsheds, homestays and community halls.
As Outram accommodation would be scarce, buses would transport the public to Mosgiel and Dunedin after the hoedown.
A competition would start for Outram pupils when they returned to school to find a catchy cavalcade slogan for Outram.
Tapanui had ''Panning in the Pomahaka'' as its slogan, Mr Aitken said.
Goldfields Cavalcade co-ordinator Terry Davis said he was ''excited'' Outram was hosting the cavalcade.
During the gold rush, prospectors started their trail in Outram so it was fitting the cavalcade finished there, he said.
The affordable dinner and hoedown for cavalcaders was open to the public, Mr Davis said.
''It will be an opportunity for the public to see something quite unique and special.''
The cavalcade would inject about $20,000 into the Outram economy to pay for entertainment, accommodation, food and paddocks for horses, he said.
The cavalcaders generated about $100,000 for non-profit community groups while on the trails, he said.
Entries to join the Otago Goldfields Cavalcade open on November 1 this year and Mr Davis urged people to book before Christmas, to avoid disappointment.